Are you a collector of time assets, or do you find yourself always in debt? Thinking about time as an asset or debt is a unique way of looking at productivity. People often think of productivity as a short-term goal. They’re focused on how to save 10 minutes in the morning by preparing breakfast the night before, or how to shrink a boring office meeting down to 20 minutes only. Although these and other similar strategies are efficient in saving people a couple hours per month, they miss a valuable point. Looking at short-term one-time solutions like this is shortsighted, because in focusing on them we are not taking into consideration how certain actions can save time not just in the present, but also in the future.
When we’re thinking of how to be more productive, how to fit more projects in the twenty-four hours we only get each day, we should be looking at strategies that will save us time for many, many years to come.
“Time as Asset” (also referred to as Time Asset and Time Debt) is a concept coined by Patrick McKenzie. This approach helps us understand how valuable some productivity-boosting skills truly are.
When you think of ways you can be more productive, it’s best to try and think of more long-term strategies. For instance, it makes more sense to increase your reading speed than it does to skip reading an important report. Increasing your reading speed is an asset; it’s a time asset that will save you many hours over the course of the coming years.
Time Asset: Keyboarding – How to Cut Down on Typing Time
One way to be more productive in the long run is to improve your typing speed and accuracy. This will substantially reduce your typing time because you will no longer have to look down at your keyboard to locate “C” or to find the shortcut “Ctrl+X”.
Ultimate Typing™ is a program that will help you pay off your typing time debt and help you increase your typing time assets. Over the years, you will save hundreds of hours of typing, just by committing yourself to improving this one skill today.
Time Asset: Reading – How to Cut Down on Reading Time
We read for work, for pleasure, for education, for keeping up with the world. One time asset you should be looking at investing in is reading. Reading efficiently means you can stay on top of developments and new knowledge, and you can be more efficient at any reading-related project, from doing research for a report, to putting together a white paper for a new software release from your company.
By improving your reading speed you will be able to save hundreds of reading hours because bad habits like sub-vocalization and regression won’t be slowing you down. Consider how 7 Speed Reading™ might be the key to improving your productivity, today and for as long as you live.
Time Asset: Language – Minimize your Language Time Debt
If your spelling and vocabulary are poor, then your productivity more than likely suffers from it. A person with an extended vocabulary and excellent spelling skill is more efficient at writing.
eReflect’s user-friendly software products Ultimate Spelling™ and Ultimate Vocabulary™ help you improve on these two seminal language skills. When you master these skills, you won’t have to rely on thesauruses, dictionaries, and spellcheckers every time you put together a report or have to write your next pitch.
Time as Asset is an excellent way to conceptualize productivity. It takes into consideration a valuable aspect of productivity: that productivity is an ongoing goal we must think of as a continuum, rather than a one-time thing we conquer one task at a time.