By Jared James
We have come to that time of the year again, when you need to focus on your B.U.T. Not your butt – I am talking about your B.U.T., or Best Use of Time. It is amazing to me how many people will track their marketing dollars from the previous 12 months to see what actually worked and what didn’t, but won’t invest the energy to track their most invaluable resource of all… their time.
Time is your most valuable resource because it is the only thing that you can’t get back. If I lose money, I can gain it back. If I lose time, it is gone forever. We only get a certain amount of it within the totality of our lives. Think about that for a second – but not too long because you don’t want to waste any time.
Your best use of time has been the activities that you have done that have brought you the greatest return. Not just from a profit standpoint, but also from the perspective of what has brought you the most joy and peace in the last twelve months. I think we all can agree that we operate more often at our peak potential when everything seems to be in order in our personal lives as well. That is why it is important to understand that just like our cars need to stop and fill up on gas and have the occasional tune up, we need the same kind of maintenance if we expect to get the most out of ourselves. That may mean more time with your children or spouse, a renewed commitment to exercise, or just time alone to read or pray on a regular basis. For each person it may be different.
Having said this, I recommend that you write down your top four B.U.T.s for the last year. And instead of trying to implement 10 new strategies or tools into your business, just get better at what you already do well and scale those!
Last week, I wrote an article on my site about how your sphere of influence doesn’t make you money. It is actually all of the things that you did or continue to do to build your sphere of influence that make you money. The key is not to reinvent the wheel or completely change your business model. The key is to figure out what you are already doing well, what your top four B.U.T.s are, and increase your efforts in those areas in the coming year – and at least one of your B.U.T.s should have nothing to do with your profits in business at all!
Jared James is the CEO and founder of Jared James Enterprises (JJE) and travels around North America speaking to and coaching REALTORS®. Connect with Jared at www.jaredjamestoday.com, on facebook.com/jaredjamestoday, or follow him on Twitter @jaredjamestoday.