{"id":4534,"date":"2017-02-10T12:47:29","date_gmt":"2017-02-10T12:47:29","guid":{"rendered":"https:\/\/focusme.com\/?p=4534"},"modified":"2025-02-13T12:08:22","modified_gmt":"2025-02-13T12:08:22","slug":"how-titans-manage-time-warren-buffett","status":"publish","type":"post","link":"https:\/\/focusme.com\/blog\/how-titans-manage-time-warren-buffett\/","title":{"rendered":"How Titans Manage Time: Warren Buffett and Free Time"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Warren Buffett is an investor. He is also worth over $70 billion and is the second richest man in the world. In regards to convincing you that he is worth learning from, I don\u2019t surmise I need any more evidence than this (if I do, you better be the richest man in the world. And we both know you\u2019re not).<br \/>\nWhat&#8217;s his time management secret?<\/p>\n<p>Okay, he is successful. Cool.<\/p>\n<p>What now?<\/p>\n<p>We emulate. And to emulate, we must first understand. So, pay attention.<\/p>\n<h2>The Fundamentals of Time Management<\/h2>\n<p style=\"text-align: left;\">If we melt success down to its most basic elements, what do we have?<\/p>\n<p>1. Time<br \/>\n2. How X person spends that time<\/p>\n<p style=\"text-align: left;\">Well, we could count the number of years <a href=\"https:\/\/en.wikipedia.org\/wiki\/Warren_Buffett\">Warren Buffett<\/a> has been alive and dissect that \u2013 eighty-six &#8211; but that wouldn\u2019t be very efficient. Interesting, maybe, but not efficient.<br \/>\nInstead, let\u2019s break it down to the most applicable, practical, and day-today level: how does he spend each day?<\/p>\n<h2>Titan Time Management<\/h2>\n<p>It depends. Somedays, the only thing on his calendar is a haircut; other days he is meeting with his board at Berkshire Hathaway; and other days he might be reading. But one constant throughout his schedule, according to his partner, Charlie Munger (a billionaire in his own right), is that he has a lot of free time.<br \/>\n\u201cThere\u2019re two things that Warren and I have done and Rick Guerin has done, too, to a considerable extent. One is that we spend a lot of time thinking. Our schedules are not that crowded. We look like academics more than we look like businessmen.<\/p>\n<p>Our system has been to sift life for a few opportunities and seize a few of them. We don\u2019t mind long periods in which nothing happens. Warren is exactly the same way. Warren\u2019s sitting on top of an empire now. You look at his schedule sometime and there\u2019s a haircut.<br \/>\nTuesday, haircut day.<\/p>\n<p>That\u2019s what created [one of the] world\u2019s most successful business records in history. He has a lot of time to think.\u201d<br \/>\nThese two titans both seem to subscribe to the idea that hustling, in the sense of motivational videos and Instagram posts, is not necessarily effective. Do you need to work hard? Yes. Do you need to scrap everything but your dream to truly achieve it? Probably.<\/p>\n<h2>Bosses Aren\u2019t Always Busy<\/h2>\n<p>But do you need to be \u201cbusy\u201d for every hour of the day? Do you need to wake up at 4 a.m. to go \u201cgrind\u201d at the gym, then eat a quick meal at 5 a.m. before you go do a bunch of cold calls and sit through some business meetings, and fill up every moment of your time?\u2028Maybe you do. Sometimes you probably have to. There\u2019s only 24 hours in a day, right?<br \/>\nBut is that time being used to its maximum efficiency? Does maximum efficiency always mean you have to do be doing something? This workhorse mentality might look good on Instagram, and it does work (Gary Vaynerchuck is a fantastic example), but let\u2019s counter with another strategy that Buffett and Munger value.<\/p>\n<p>Doing nothing.<\/p>\n<h2>The Efficiency of Doing Nothing<\/h2>\n<p>How could doing nothing be productive or effective in the long-term? Well, they\u2019re billionaires. They probably know how to spend their time wisely.<br \/>\nBut let\u2019s evade the appeal to authority for a moment and think for ourselves.<br \/>\nWhen you sit in silence, you problem solve. You have no distractions. It\u2019s you and your thoughts.<\/p>\n<h3>Meditation<\/h3>\n<p>This is quite literally what meditation (i.e., the original yoga) is. According to the 6th century B.C. Sanskrit grammarian, P\u0101\u1e47ini, yoga derives from either of two verbs: to concentrate or to yoke. Both apply here.<br \/>\nBy freeing your mind of distraction, you can concentrate and yoke thoughts in your mind. Crack them open, toss them around, and see how they react under the heat of concentration.<br \/>\nSome of my best ideas have come from meditation, walking, or staring at the ceiling.<\/p>\n<h3>Get inspiration<\/h3>\n<p>The second-best avenue is looking for new ideas in the art of others \u2013 reading books and watching movies and television. As a writer, these are very important avenues for me. Of course, those can easily turn into recreation time, rather than yoking-ideas-into-doper-ideas time, especially if you\u2019re likely to binge watch an entire season in the name of \u201cinspiration.\u201d<\/p>\n<h3>The sound of silence<\/h3>\n<p>Silence, on the other hand, is always honest. We spend most of our lives running from it, filling the void with sounds, sights, and feelings, but it always there, ready to empty those deep thoughts you\u2019ve been hiding from for very, very long. And the most fruitful, but also the scariest of these thoughts, is realizing that you are on the wrong path.<\/p>\n<p>You can hustle and grind all you want, but when an honest moment of silence drops onto you the recognition that you do not love what you do anymore, or that it will not bring you where you ultimately want to be, you may be left an empty shell. Which is the greatest gift you can be given. Because now, you can search for the correct path. The one that will bring you to the profession, business, relationship, or lifestyle that you genuinely desire. And it was the silence that gave it to you.<\/p>\n<p>This silence might also grant you many other insights. A new idea for your book; a simple way to cut costs in your business; the realisation that you need to spend more time with friends and family. The possibilities are innumerable. But to do that, you need to unburden yourself of distractions. And sometimes, that\u2019s hard. We are addicted to being busy, to filling ourselves with information, even if it is useless.<\/p>\n<h2>FocusMe Is Your Titan Time Manager<\/h2>\n<p>That\u2019s why there are products like FocusMe. Someone else\u2019s business ingenuity and business acumen recognized that there is a serious need for a tool that will help people discipline themselves. Help force themselves to break their addiction to Facebook, to aimlessly surfing the web, or playing video games. Whatever website or application you find yourself incessantly drawn back to, <a href=\"https:\/\/focusme.com\/\">FocusMe<\/a> helps you stay away to better spend your time. <a href=\"https:\/\/focusme.com\/\">Get started now!<\/a><br \/>\nAnd time you cannot buy. You can only spend it.<\/p>\n<p>Perhaps spend it on some silence.<\/p>\n<p><strong><em>We mold clay into a pot,<br \/>\nbut it is the emptiness inside<br \/>\nthat makes the vessel useful.<\/em><\/strong><br \/>\n<strong> <em> Tao Te Ching, 11.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Warren Buffett is an investor. He is also worth over $70 billion and is the second richest man in the world. In regards to convincing you that he is worth learning from, I don\u2019t surmise I need any more evidence than this (if I do, you better be the richest man in the world. [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":4535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[10],"class_list":["post-4534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-titans","tag-productivity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Time Management tips from Warren Buffett<\/title>\n<meta name=\"description\" content=\"Discover Warren Buffett&#039;s time management strategy: Embrace silence, avoid constant hustle, and focus on what truly matters for success.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/focusme.com\/blog\/how-titans-manage-time-warren-buffett\/\" \/>\n<meta name=\"twitter:card\" 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