Avoid low leverage activities

Avoid Low Leverage Activities

Here are some things that I do that I feel like are a poor use of my time and would like to eventually hire someone else to do. It’s not that I think myself above doing these tasks, but I don’t think they add value to my life. You only have so much time and as I get older I’ve become more and more aware of that in order to thrive you must savagely cut things from your life that don’t make sense for you to do.  These are low leverage activities.



Shoveling/blowing snow
Mowing the lawn
Car work of all forms
Major house work
Cleaning of all forms

The things I hate doing most are Sisyphean tasks, tasks that are never complete and must always be done again. Cleaning is always the first that comes to mind. I would rather do things that only need to be done once or rarely. For example: writing books, trading stocks, marketing, and other things that are highly leveraged.


Some other examples of highly leveraged activities that I think are a GREAT use of time:



Reading books (acquiring new knowledge)
Developing new skills
Exercising because it gives more energy in all areas of life and SO MUCH more.
Automating repetitive work
Scaleable marketing E.g. Facebook ads are working with $5 a day, now you can spend $100 day on the advertisements for a greater return
Sleeping
Investing in relationships
Developing mindfulness

I think most people spend far too much time doing low leverage activities, making sure the house is always spotless, etc. Let’s say you love the house to be super clean (I do too!) but I you want to write books too. You can learn to tolerate the house being less clean in order to work on something else that will eventually allow you to pay for someone to clean the house. Then the house will be clean AND you’ll have an income producing asset/skill etc. You get the best of both worlds, but it takes sacrifice initially.


Readers: I would love to hear your thoughts. What do you hate to do that you would love to hire someone else to do for you? What are some highly leveraged activities you want to work on?


 


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Published on May 22, 2016 07:41
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