All statements about money buys back time
27 statements about money buys back time in 14 sources, by upload date.
Back to money buys back time.
2021
- 2021-02-14 · The Book That MOST Changed My Life — Ali treats time as the main resource and his mother money: she cannot fathom why he orders a takeaway every day to save time, and he cannot fathom her driving three hours to save 10% on halal meat. — 00:04:25
- 2021-02-14 · The Book That MOST Changed My Life — recommendation: Ali: If you are an entrepreneur and your time is worth a certain amount, Ali says you can and should pay someone who earns less to take tasks off your plate so you can focus on the most important things. — 00:13:14
- 2021-02-14 · The Book That MOST Changed My Life — Ali's time is worth a lot when filming a video and little when booking flights, ordering groceries or doing laundry, so he can easily outsource those to free time for high-leverage work. — 00:13:14
- 2021-04-18 · How I Manage My Time - 10 Time Management Tips — recommendation: Ali advises working out the money value of your time: for his business he set his at £20 or $25 an hour, so anything he does not enjoy that he can delegate for less, he should. — 00:07:53
- 2021-04-18 · How I Manage My Time - 10 Time Management Tips — Ali: Following his delegation principle, Ali got a cleaner who comes to clean the house every other week. — 00:07:53
- 2021-04-18 · How I Manage My Time - 10 Time Management Tips — Ali: When building his businesses, Ali delegated work such as data entry to freelancers in the Philippines, Bangladesh or India through Upwork and Fiverr, paying about $7 an hour, which freed his time for more valuable work. — 00:08:22
- 2021-07-04 · Productivity for Lazy People - The RAD System — Ali says delegation is not only for the rich: we delegate preparing food to the chef at a restaurant or cafe and our health to the doctor, and can find other parts of life where delegating makes sense. — 00:08:51
- 2021-07-04 · Productivity for Lazy People - The RAD System — recommendation: Ali's first step in delegating is to work out the money value of your own time: anything you do not enjoy that you could delegate for less than that, you absolutely should delegate. — 00:09:19
- 2021-07-04 · Productivity for Lazy People - The RAD System — Ali might value his time at $25 an hour; if cleaning, laundry or ironing that he does not enjoy takes him a few hours a week, he can hire a cleaner or someone to do all three. (hedged) — 00:09:19
- 2021-07-04 · Productivity for Lazy People - The RAD System — Ali stresses that delegating does not mean his time is worth more than the other person's: the money value of his time is only higher than what they charge for the service. — 00:09:52
- 2021-07-18 · Answering Uncomfortable Questions With My Personal Assistant — recommendation: Ali thinks anyone busy with email and admin, not only creators or entrepreneurs, would benefit from a part-time PA paid for even four hours a week to sort the inbox; he calls it incredibly high ROI. — 00:06:41
- 2021-07-28 · How I Created a $3 Million Business Part Time — Ali: Using Naval Ravikant's idea of an effective hourly rate, Ali put his own at around $30 an hour and saw that four to eight hours of editing per video was not the most value he could add to the business. (hedged) — 00:05:36
- 2021-09-08 · The Best Productivity Hacks of All Time — Ali: From Naval Ravikant, Ali takes the aspirational hourly rate: work out what your time is worth to you in dollars, then delegate what you do not enjoy when it costs less than that rate. — 00:01:27
- 2021-09-08 · The Best Productivity Hacks of All Time — recommendation: Ali ranks delegation A, an essential tip, and recommends at least trying to value your time at a dollar amount as a useful thought exercise. — 00:01:57
- 2021-10-10 · In Conversation with Charlie from Charisma on Command #ptya — Charlie Houpert: Once YouTube made money, Charlie put a dollar amount on each hour for everything in the business, and the answer was that he should do nothing but make videos, by far his highest return on time. — 00:25:21
- 2021-10-10 · In Conversation with Charlie from Charisma on Command #ptya — recommendation: Charlie Houpert: Charlie thinks YouTubers at Ali's level need real-life assistants: anyone still doing their own laundry and worrying about meals while growing a business should ask what that costs in dollar value. — 00:26:10
- 2021-10-10 · In Conversation with Charlie from Charisma on Command #ptya — Ali: Once his channel made money, Ali saw that an hour taking the bus to the post office to return a £20 Amazon item could instead go into writing scripts for three new YouTube videos. — 00:27:30
- 2021-10-10 · In Conversation with Charlie from Charisma on Command #ptya — Ali: Only in the last few months has Ali applied this rigorously, outsourcing his laundry and other parts of his life. — 00:27:59
- 2021-10-10 · In Conversation with Charlie from Charisma on Command #ptya — Ali is happy to pay someone a decent wage for chores so he can spend more time on his business, but will not put a dollar value on time with friends, board games or relaxing, which he values for itself. — 00:28:29
- 2021-12-09 · The Book That Changed My Financial Life 🤑 — recommendation: Ali: Since time is our most valuable non-renewable resource, Ali says using money to buy extra time and freedom is a very good use of it, unlike pointless luxuries. — 00:08:34
- 2021-12-24 · How Much Money I Spend as a YouTuber (2021) — Ali: One of the best ways to use money to buy happiness, Ali says, is to eliminate the things you find unpalatable: he hates laundry, and paying $50 a week to save even an hour is a no-brainer. — 00:09:36
- 2021-12-24 · How Much Money I Spend as a YouTuber (2021) — recommendation: Ali grants that it is privileged, but says that if you have the money you should outsource the things you do not like doing. — 00:10:05
2020
- 2020-02-05 · How Much Money I Spend in a Week as a 25 Year Old Doctor — Ali is fine spending £5 to £15 on a takeaway or dinner at work, because being able to make YouTube videos in the evening without worrying about food is worth far more to him. — 00:14:55
- 2020-06-12 (said on 2020-05-27, implied) · Crushes, Challenges and Irritating Habits - Q&A With My Roommate Molly — Ali justifies the cost of takeaways by the value of his time: the half hour saved on cooking and washing up is worth far more spent making a YouTube video. — 00:20:57
- 2020-12-01 · Tough Choice - M1 Macbook Air vs Macbook Pro — Ali values his time at something like $1,000 to $2,000 per hour. — 00:03:35
2019
- 2019-07-05 · AWAY Weekender Bag Review — Ali counts the Away Weekender worth its price: about 30 weekend trips a year, each 10 minutes quicker, saves five hours, and he values his time at far more than 50 pounds an hour. — 00:09:07
2018
- 2018-10-25 · iPhone XS Max Review - Is it worth it? — recommendation: Ali: If Ali hated spending 10 minutes ironing a shirt every morning, paying about 15 pounds a week to have five shirts professionally washed and ironed would make him happier, because it removes a negative. (hypothetical) — 00:04:37