Featured Coaching Excerpt - Notes & Transcript, Part 1
Lesson Nugget: Stay organized - it's not worth the repercussions.
Notable Quotable: "In the world of business, you get sued if you don't deliver on your promises."
Action Step: Watch this episode multiple times until you master time management.
Time Management Principles: Principle #1 - Schedule yourself. Principle #2 - Write down everything. Principle #3 - Ask yourself three questions every day. Principle #4 - THINK! Then get started. Principle #5 - Put a priority code next to each item. Principle #6 - When you get any free time, refer to your list. Principle #7. Write down everything in your day timer and carry it with you 24/7 Principle #8. Think about the different responsibilities in your life that you have signed up for or should have Principle #9. Work on the lists that you created in your planning time Principle #10. It is your reputation, and you are mostly responsible for.
-And so the customer called me because he put me as reference saying he'd previously worked for me for the past two years. And so the customer calls and I just want you know I hired such and such, I paid this person $21,000. And they only completed what I believe to be maybe 15% of the job. And I'm going to sue them. And I was like, really? Why? Because I'm going to sue them. They didn't get it done. They said they would. I've paid them. This is a transaction.
Now remember, the manager, my job is to follow up with my people. So he always had someone following up saying, did you do it? Did you save it right? Did you get it done? But he didn't. And so he literally got sued and lost. And then, gets worse. Now remember, he had all the skills. He had the practical education. He just wasn't organized. So he gets sued. He loses. Well, then what happens is that he kind of gets into this deal where now he's like, oh man, I'm so far behind financially, I now must begin focusing on business only. Business only. Business only.
And then he loses his marriage. So first he lost his money. Then he lost his marriage. And it was all because he didn't choose to stay organized. And now I've talked to the guy. It's been over a decade. I ran into him the other day. And he's like, hey man, I totally wish I would've got into this whole time management thing. I thought you were kind of joking around or whatever. But it's weird now, because I went back to work for this big company and they're doing all this stuff that we used to do. And I'm now managing a few guys. And I totally see how stupid I was.
But literally, it cost him his marriage and he got sued. And I don't know all the other details because I wasn't involved in his life, but nothing's sadder than when you see a 40-year-old man have to move in with somebody's parents because their marriage is over, their business is over. And they were good. They were good at their skill.
CALEB TAYLOR: It's like Lee said. It's not about how smart you are. This guy wasn't-- he had all the tools. That's not it. He had the practical application. It's the next
CLAY CLARK: He really had the practical application. He just, for whatever reason, his reputation went through the actual crapper because he just chose not to be organized. And in the world of business, you get sued if you don't deliver on your promises.
CALEB TAYLOR: That's huge. So what action items do you have right here? We finished these 10 principles. What final action items or I guess words of advice do you have to the subscriber right now who's watching?
-Your life matters. Your life matters in a way that I wish sometimes I could communicate better. I've thought about maybe using puppets to do it, because maybe--
CALEB TAYLOR: I don't think that would help. I really don't.
-But verbally, I want you to understand, we really really, really care about your success. I know that you have the capacity to do something huge with your life. I know it. I know that I know that I know. I know that Henry Ford lost it five times. I know Walt Disney lost it twice. I know that Thomas Edison was told that he was an idiot. I know that Richard Branson had dyslexia. I know that one of own mentors, Michael Levine, had severely dyslexia and became a bestselling author. I know that Russell Simmons, the founder of hip-hop, had a list. I know Sarah Blakely couldn't get into law school.
I know that I know that I know that I got kicked out of college. I know no matter who you are or where you're from, you have the capacity to be successful. But it all starts with pig-headed discipline. And if you're not willing to discipline yourself to execute this, everything else will fall apart, no matter what you know. So you've got to just take this episode, maybe watch it two or three times. We learn through repetition. Just watch it over and over and over until you have a mastery, because I know that your life is valuable enough to invest the time into learning this.
Because once you learn this, the world is limitless possibilities. Now you can have major success. And I told that negative story. But I want to tell you a positive one to leave with this.
CALEB TAYLOR: Here we go. Story time.
-There's another gentleman that I know who, again, he worked with me for a few years, he left, and he started his own business. And he had those skills. And he went out there and he was selling jobs and getting jobs. And guess what though? He kept his finances in order. And I got a call from his bank and they said, hey, we're thinking about lending such and such $1.4 million for them to open up their new facility.
Would you be down as a character reference where you-- tell us how good of a worker he was. I'd say he's a good worker. They pull up his credit score. Over 700, 750, 760, whatever. I didn't get a chance to see it. But it was a high credit score. They look at his bills. He pays them on time. They call his customers. They're happy. Guess what? He got the loan to turn his dream into reality. And it's just awesome when you see it and when you see people have that kind of success, it's just exciting. And it's empowering.
And his kids now-- he's got three kids-- all of his kids are well taken care of. They're going to the private school they wanted to send them to. They have health insurance. They have the financial prosperity they wanted. Everything is going well. Now he still has adversity. But everything is going-- it's trending up-- because of his ability to manage his time. It's something you can do.
CALEB TAYLOR: That's just huge. And again, you mentioned possibly going back and watching this again. We covered a lot. 10 principles. The 10 principles we covered were, 1-- schedule yourself. Principle 2-- write down everything. Principle 3-- ask yourself three questions every day. Principle 4-- think, then get started. Principle 5-- put a priority code next to each item. Principle 6-- when you get any free time, refer to your list. Principle 7-- write down everything in your day timer and carry it with you 24/7. Principle 8-- think about the different responsibilities in your life that you've signed up for, or should have. Principle 9-- work on the lists that you created in the planning time. And principle 10-- it is your reputation and you are mostly responsible for it.
-This is huge, Clay, and I appreciate your time, because you've given us these action items, these lesson nuggets, that we can now apply. And now, like you said, I guess it's just pig-headed discipline.
-Thank you so much.