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A Balanced Life–Part 1

Posted by Brian Tracy on Jan 13, 2010

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According to psychologist Sidney Jourard, fully 85 percent of your happiness in life will come from your personal relationships. Your interactions and the time that you spend with the people you care about will be the major source of the pleasure, enjoyment and satisfaction that you derive daily. The other 15 percent of your happiness will come from your accomplishments. Unfortunately, many people lose sight of what is truly important, and they allow the tail to wag the dog. They sacrifice their relationships, their major source of happiness, to accomplish more in their careers. But one’s career, at best, can be only a minor source–and a temporary one, at that–of the happiness and satisfaction that everyone wants.

There is no perfect answer to the key question of how to achieve balance in our lives, but there are a number of ideas that can help you to be and have and do more in the areas that are important to you. These ideas often require changes and modifications in the way you think and use your time, but the price is well worth it. You will find that by reorganizing your life in little ways, you can create an existence that gives you the highest quality and quantity of satisfaction overall. And this must be your guiding purpose.

Balance Formula

The ancient Greeks had two famous sayings: “Man, know thyself” and “Moderation in all things.” Taken together, those two ideas are a good starting point for achieving the balance that you desire. With regard to knowing thyself, it is very important to give some serious thought to what you really value in life. All trade-offs and choices are based on your values, and all stress and unhappiness come from believing and valuing one thing and, yet, finding yourself doing another. Only when your values and your activities are congruent do you feel happy and at peace with yourself.

Know Yourself

So knowing yourself means knowing what you really value, knowing what is really important to you. The superior man or woman decides what is right before he or she decides what is possible. The advanced human being organizes his or her life to assure that everything that he or she is doing is consistent with his or her true values. It is essential for you to organize your life around yourself, rather than to organize yourself around the demands of your external world.

Moderation

The second quote, “Moderation in all things,” is a wonderful and important dictate for successful living. But, at the same time, you know that you can’t really be successful in any area by being moderate in that area. Peter Drucker once wrote, “Wherever you find something getting done, you find a monomaniac with a mission.” You know that single-minded concentration on a goal or objective is absolutely necessary for achievement of any kind in a competitive society.

The Formula

So what’s the solution? Over the years, I have worked with tens of thousands of men and women who have spent a lot of time and effort struggling to achieve balance in their lives. I have found that there is a simple formula; it is simple in that it is easy to explain, but you need tremendous self-discipline and persistence to implement it in your life.

The formula revolves around a concept of time management, or what you might want to call life management. Time management is really a form of personal management in which you organize your 24 hours a day in such a way that they give you the greatest possible return of happiness and contentment.

Time

The key to time management, after you have determined your values and the goals that are in harmony with those values, is to set both priorities and posteriorities. The importance of setting priorities is obvious. You make a list of all the things that you can possibly do and then select from that list the things that are most important to you based on everything you know about yourself, about others and about your responsibilities. The setting of posteriorities is often overlooked. It is when you carefully decide which things you are going to stop doing so that you will have enough time to start doing something else.

Stop Racing the Clock

The greatest single shortage we experience in America today is that of time. We suffer from what has been called “time poverty.” Men and women everywhere feel that their biggest single challenge is that they simply do not have enough time to do all the things that they have to do or want to do. People today feel pressured from all sides and are under an inordinate amount of stress. They feel overworked, fatigued and incapable of fulfilling all the responsibilities that they have taken on.

The starting point to alleviate this time poverty is to stop and think. Most people are so busy rushing back and forth that they seldom take the time to think seriously about who they are and why they are doing what they are doing. They engage in frantic activity, instead of thoughtful analysis. They get so busy climbing the ladder of success that they lose sight of the fact that the ladder may be leaning against the wrong building.

The Key to Success

When my wife, Barbara, and I started our family, we were faced with a common dilemma: how can we balance the demands of work and home with the finite amount of time we are all given?

Here’s the answer I discovered: The key to success in a busy society is to devote your time to only two areas during the period of time when your family needs you, when your children are between the ages of birth to about 18 to 20 years. During this period of time, you need to curtail virtually all of your outside activities. You need to focus on two major areas¾your family and your career¾as I have done over the years. You need to place your family’s needs above all else and then organize your work schedule so that you can satisfy those needs on a regular basis. Then, when you work, you must concentrate single-mindedly on doing an excellent job.

Use Time Wisely

Most people are time wasters.  They waste their own time, and they waste your time as well.  To be successful and happy, you must discipline yourself to work all the time you work.  The average employee works at about 50 percent of capacity.  Fully 80 percent of people working today are underemployed in that their jobs do not really demand their full capacities.  Only 5 percent of workers surveyed recently felt that they were working at the outside limits of their potentials.

But this is not for you.  You must resolve to work all the time you work.  You must decide that from the time you start in the morning until the time you finish in the evening, you will work 100 percent of the time.  Even if no one is watching you, you should be aware that everyone is watching you.  Everybody knows everything.  In every company, everyone knows who is working and who is not.  Your job must be to work all the time you work.  If people come by and want to chat, you simply smile at them and say, “Could we talk about this later?”  Tell them that you have to get back to work

Set Priorities-Then Stick to Them

Have a written list, and work on your list every day.  Write down everything as it comes up,and add it to your list.  Set priorities on your time, and be certain that you are working on the things that are most important to your boss and to your company.  Refuse to get drawn into the time-wasting activities of the people around you.  Work all the time you work.

Stay tuned for “A Balanced Life Part 2″ coming later this week.

12 Comments »

Oscar:

I don’t know what to say. Anytime i read tracy book or write up i feel totally lifted and i learn more. There will never be any like tracy.

January 14th, 2010 | 4:10 am

Fabulous. Brian Tracy, you are the very best at time management (well, you and our friend, Vilfredo Pareto). When people ask “what is success,” for me, it isn’t about making a ton of money (although I do like money). It is ALL about achieving quality of life and finding balance. We teach marketing for boutique businesses - how to build a strong brand based on beautiful things so you can charge more. What is the bottom line? BALANCE. I am going to sit down for 30 minutes RIGHT NOW and revisit my goals for balance. Thank you for starting this conversation:-)

January 14th, 2010 | 10:28 am

I find we’re trying to do everything and find time to do things that are important as well as not. Moderation is important! Too much of one thing ends up becoming a negative.

I really love your content Mr. Tracy!

January 14th, 2010 | 11:02 am

Brian, this is an excellent blog post! Achieving balance is one of my most important values and this helps me a lot.

January 14th, 2010 | 1:00 pm

This is a very illuminating article! It is absolutely true that at time we mistakenly prioritize the wrong things, with the thought that it will make us happier and achieve what we want in life. BALANCE, and strategic planning and time management are all essential requistes of a happy and fun filled life.

January 14th, 2010 | 11:11 pm

This blog is excellent. Balance is so important to the quality of our lives. I work 24/7 and when people ask me what I do for fun, I say, “Work.” I’m sure they think I am crazy!

January 15th, 2010 | 6:54 am

One of the best things I learned from you, Brian, is the importance of working the whole time you are working, and being present for your family during the time you are not working.

January 15th, 2010 | 8:26 am
Murori Kiunga:

Tracy is always right. He has a way of telling us what we ought to know but do not know in a very refreshing way. I always recommend him to my talented friends who should have been what they are not because of the way they manage the affairs of their lives.

January 15th, 2010 | 9:55 am

Your articles seem to always amazes me with it’s practical usefulness. Great suggestions on how to achieve balance in our lives.

January 20th, 2010 | 10:52 pm

Thank you Brian for another thought provoking article. I never thought of time management as personal management, but it is. Posteriorities- this is good. My husband is constantly reminding me that I have that problem, he just used a different word. I will also implement the word time poverty, in my vocabulary because that is what it is. I, like 97% of the people live in time poverty- always racing against the clock. Thank you, I will focus on those areas. You are a blessing Brian Tracy.

January 22nd, 2010 | 7:54 pm

[...] Balanced life-Part 1 [...]

January 31st, 2010 | 10:50 pm
Aseem Gaurav:

Brain Tracy is my “Guru” and I love his every single word. What I admire in him is his grip and style of explaining the subject which is by far the top in a list of world’s greatest motivational speakers. He in fact has studied hard through past few decades and has understood what is really required when it comes to achieving personal excellence. His articles and videos are not only practical but extremely helpful in understanding the project. His is a great master of the art of success in personal and business front.

February 1st, 2010 | 9:07 pm

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