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The power of “No”
Plus: how you can save hours every day with these easy tips...
Jordan Belfort
July 31, 2024
Good morning. Something to learn: how to schedule your work week like a billionaire.
Tired of feeling overwhelmed at work? We're going teach you the blueprint to turn your schedule around. (forwarded this email? Join +100k members here).
Todays Links
Story: Alex Hormozi - Say “No”
Action: Time Block Planning
INSIGHT
Schedule Your Week like a Billionaire
Paul Graham, wishing he was doing deep work instead of taking this photo.
“There are two types of schedule, which I'll call the manager's schedule and the maker's schedule.”
The Big Idea: You need big chunks of time to do deep work, because deep work is when you get shit done. Here’s 4 rules from Paul Graham:
1. Manager's Time is a Buffet: Managers slice their day into bite-sized chunks, ready to nibble on a different task every hour (Think of a CEO bouncing from budget meetings to client calls faster than you can say "synergy").
2. Maker's Time is a Five-Course Meal: Creators need long, uninterrupted stretches to cook up their masterpieces (Imagine Elon Musk locking himself away for days to blueprint the next SpaceX rocket).
3. Meetings are Kryptonite for Makers: A single meeting can ruin a flow state like a wrecking ball through a house of cards
4. Office Hours are The Holy Grail: Cluster those meetings like it's high school all over again.
Remember, in the clash of schedules, it's not about who's right – it's about finding a way to make both sides hum like a well-oiled machine.
Here’s how marketing expert Alex Hormozi divides up his schedule to be both a Manager AND a Maker…
STORY
Alex Hormozi: Say “No”
The Big Idea: Nuke your schedule to protect your genius time.
Why it Matters: Alex Hormozi's rocket ride from gym rat to future billionaire proves the explosive potential of ruthless time management.
“This is my actual productivity routine,” says marketing guru Alex Hormozi, who became a millionaire gym owner at just 23 and is on his way to being a billionaire.
“On Mondays, I have a manager day.” Hormozi loads up Mondays for meetings rather than sprinkling them through the week, so a 10am meeting doesn’t “cook” the whole morning.
In Hormozi’s case, he makes sure the rest of the week is completely free to “make stuff.” This might be products, books, or other projects where he invests hundreds of hours over time. “When I make stuff, we make money,” he reveals.
This is an extreme version of what Paul Graham calls the Maker Schedule vs. the Manager Schedule. On Monday, Hormozi is a Manager (he runs the business and puts out fires). On Tuesday, Wednesday, Thursday, and Friday, he’s a Maker (he dives into deep work to create remarkable products).
Here’s some other rules Hormozi implements:
Social obligations aren’t obligations so avoid them like the plague
Just because someone reaches out to you doesn’t mean you owe them a reply
Only meet with someone who has a specific reason to meet, not “pick your brain”
Make rules and keep them, like “no meetings before noon”
Hold true to your commitments, so if someone can’t make your free time, then you don’t meet with them
Go back to front, meaning book later in the day first when you’re less creatively sharp
If this sounds overwhelming, look at it this way: He manages the business one day a week and spends time on what makes money the rest of the week. Prioritize your schedule the same way and you’re bound to be successful.
Key takeaway: Protect your maker time like a rabid pitbull, cram the necessary evils into one day, and watch your bank account explode like a supernova.
ACTION
5 Power Moves to Master Your Schedule
Step 1: Audit Your Time Like a Merciless CFO: Before you start blocking, figure out where your time's actually going. Track every minute for a week. Yes, even those 30-minute Instagram "breaks." Knowledge is power, and you're about to become omnipotent.
Step 2: Identify Your Money-Making Activities: What actually moves the needle in your business or career? These are your "Hormozi make stuff" activities. Everything else is just noise.
Step 3: Theme Your Days Like a Maniacal TV Producer: Assign a theme to each day. For example:
Manic Monday: Meetings and management
Tech Tuesday: Deep work on core projects
Writing Wednesday: Content creation
Thoughtful Thursday: Strategic planning
Finance Friday: Number crunching and admin
Step 4: Protect Your Blocks Like a Paranoid Dictator: Once you've set your blocks, defend them with your life. No, Karen from accounting can't "just grab a quick coffee" during your deep work block.
Step 5: Learn to Say "No:” If it doesn't fit in your blocks or align with your themes, it's a no. Practice your "Thanks, but no thanks" in the mirror if you have to.
Remember, time blocking isn't just a productivity hack—it's a lifestyle. Embrace it, master it, and watch as you transform from a time management newbie into a scheduling savant who makes Elon Musk look like he's moving in slow motion.
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[Read] Paul Graham: “A meeting commonly blows at least half a day, by breaking up a morning or afternoon.”
[Watch] Alex Hormozi: “Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year.”
[Listen] Tim Ferriss + Greg McKeown: “How to Say ‘No’ Gracefully”
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Publisher: Jordan Belfort
Editors in Chief: Brock Swinson and Davis Richardson
DISCLAIMER: None of this is financial advice. This newsletter is strictly for educational purposes and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.