How Millionaires Protect Their Time & Energy
What do you do when you open your email account to find hundreds of messages waiting?
Do you answer them right away? Ignore them? What system do you have?
I get on average two to three hundred emails a day. That’s not including messages on Facebook and social media. Now, if I reply to them immediately, I would have no life if you think about it. I’m also becoming more successful, so how do you think it will affect my number of messages in the future?
I need to have a system to answer my messages now, not later. I need to have control over who I spend time talking with sooner, not later. So how do successful business owners or millionaires protect their time and energy?
Spend The Same Amount Of Time That People Invest In YouSpend The Same Amount Of Time That People Invest In You
First, you want to spend time with people who are willing to spend time on you.
For example, my schedule is so packed that I don’t even have enough time to spend with my business partners, so I formed Vancouver Entrepreneurs Group (VEG) to connect entrepreneurs with each other. For one of the guys who emailed to connect with me, I explained in a standard video why I don’t do lunch or dinner, and asked him to attend one of my VEG meetings.
He never showed up, which meant he and I aren’t doing business. That applies to 95 percent of the people making inquiries to me. They want something from me, not because I want something from them. If they don’t show initiative, then I have a copy and paste message that I can use as a standard reply.
I get a lot of emails from people who watch my YouTube videos or tune in to my podcast. They ask, “Dan, can I learn from you? Can you help me out?”
My response is very simple. I use a canned response. “I’m glad you’re getting value from my video or through my work. That’s awesome. I’m so busy, I don’t have time, but if you seriously want to work with me, make a video of yourself. Sell me why I should help you.”
Guess how many people make the video? Five percent. The rest are all talk. They think I’m easily accessible because my work is easily accessible. But for the 5 percent who make a video, I watch it. They invested time in the relationship, so I’m investing time.
Your Emergency Is Not My Emergency
You might be helping people without charging anything because you feel guilty, or you feel it’s the politically correct thing to do. I respond because I think someone deserves my help. There’s a big difference.
A guy who works at Huffington Post as the Director of Strategy and Global Legal Solutions messaged me on Facebook one day. He seemed successful from his profile. He’d read my post and wanted to discuss an idea with me…that very weekend.
I didn’t reply. He clearly had no respect for my time. Who is more rude? The guy with no respect for my time or me not replying?
Someone else’s emergency is not my priority. That’s my philosophy. So don’t invest time in people who aren’t going to invest time in you.
Dan Lok: Welcome to another episode of Dan Lok show. Today we are in actually New York City, and I’m with John Henry. Now John not only is an entrepreneur, but also a real estate investor as well as owns a venture capital company.
John Henry: That’s right.
Dan Lok: Now before we even talk about John’s story, I want to talk a little bit about this space.
John Henry: Let’s talk about it.
Dan Lok: Let’s talk about this space. Like what makes this space, co-working space, so special?
John Henry: First things first, thank you for having me on.
Dan Lok: Welcome man, welcome.
John Henry: Appreciate you. And look, what makes this space special is this is the proof right here. Like you’re on a one day trip, you came, you interviewed with Faiza, this content, that content lined up. We connected and it’s central in the city, a lotta energy here, there’s six floors.
Dan Lok: You can feel the entrepreneurial spirit.
John Henry: That’s right.
Dan Lok: The minute you walk in you can feel the hustling.