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The Value of Time: 4 Key Takeaways for Efficient Living

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  1. Being honest about your value: If you're not contributing to a meeting, it's okay to acknowledge it and leave, freeing up the company's resources.
  2. Time is money: Everyone's time has a monetary value, even if it's not explicitly paid out. In this example, if a team member is earning 50perhour,anhour−longcallwith10people(e.g.50 per hour, an hour-long call with 10 people (e.g. 400) is a significant expense.
  3. Wasting time is expensive: Just as excessive spending on unnecessary expenses (e.g. daily Chilis trips) is a major expense, so too is wasting time on non-essential activities or meetings.
  4. Prioritizing efficiency: Efficiently allocating time is crucial for personal financial success and often overlooked. By recognizing the value of your time and prioritizing usefulness, you can optimize your work and personal life.

Source: Walk Out Of Meetings, Alex Hormozi

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