Time Management Advice from Binance CEO CZ

Many of us are unable to devote serious time to reading, sports and hobbies. Maybe we can’t accept this situation, we can’t admit it to ourselves and our environment. If you are in a similar situation, these time management advice from CZ, who runs the world’s largest cryptocurrency exchange Binance, may change your mind.

The anxieties brought by modern life cause us to move away from many useful habits that relax our minds and benefit our psychology and social relationships. For example, when did you open the cover of a book with love and read it like a flood, understanding every line? Probably the answer to this question for most of us will be a little sad.

However, successful people in their field owe their success to good time management rather than luck or personal skills. One of those names Binance CEO Changpeng Zhao, better known as CZ. Unlike the self-development advice of world-renowned “bosses”, CZ; He is more known for his sincerity and transparency. That’s why we wanted to share with you what he said about “time management”.

Rule #1 is being able to say “no”: “What you don’t do is more important than what you do”

CZ says time management is about being able to say “no” most of the time. As you can imagine, CZ has a career that can cost hundreds of thousands of dollars a second; usually like a scouting or meetup meeting “Too time consuming and inefficientHe says he never attended events. CZ states that he even turned down naive invitations to these meetings by saying “no” at the level of rudeness and adds, “It may be rude, but it saves me time”.

Rule 2: Everything that can be summed up must be summed up…

Addressing the impact of abbreviating everything that can be shortened, CZ spent most of his personal meetings. no more than 15 minutes or shorter. He even states that he only has 15 minutes to do this.

Stating that he does not participate in negotiations and meetings unless necessary, CZ; In such cases, the meeting of teammates 30 second summary he wanted. In fact, if you look at it, you can apply it in your personal life; If it’s time to focus on a job, a book you love or play sports, it’s really not a shame to say this to every obstacle that attracts you.

Rule 3 isn’t for everyone: Don’t get bogged down in conversations and cut it short.

This is perhaps CZ’s most bizarre explanation, because he said,I do not chat for entertainment purposes in any way in business or personal life, on the internet or in real life. ‘What do you want me to do?’ I ask. I don’t chat for fun.” says.

It increases further CZ and goes on “I’m leaving chat groups where I no longer need to talk, both at work and personally. One more thing I have to click is getting low. The number of notifications and pop-ups is decreasing by one.”

Rule 4 kicks up the gear: “I don’t socialize much either. I have far fewer friends than most people”

Let’s face it, technological possibilities have us all at one point. asocial made it. However, the level CZ has reached in this regard is very different from what he said. Stating that he is not a “communication centre”, CZ says he is in a small network of relations and there are few people around him who are truly “communication centres”: “If I have a communication need, I trust these people around me, I can reach the people I want to reach thanks to them.”

Rule 5: Don’t waste time shopping… But how?

Of course, what a top entrepreneur and manager has to say about shopping will sound ridiculous to most of us, because we do not have the same economic conditions. However, CZ’s solution proposal the kind that can be of use to all of us;

“I don’t shop. I hate. I buy most things online in bulk. 10 of the same pants, shirt, socks, etc… I usually buy one of the top 5 items in search results or whatever the AI ​​recommends. That way I don’t have to think about it.”

Rule 6 will upset you if you are a culinary lover, but will make you say “I’m like this too” if you don’t have anything to do with food:

The time lost while cooking is like therapy for those who are interested in the subject. But for those who have nothing to do with the kitchen, this is a complete talent problem and CZ is one of them. Stating that he does not cook, CZ is also quick about orders:

“I saw on the menu 1 of the first 3 things I order. I don’t spend more than 10 seconds to order. For example, I prefer fast food over “French food”.”

CZ even criticizes high-end restaurants with tasteful food; For example, he demanded that they bring the food at the same time, not in order. If you are someone who spends a lot of time in these restaurants, you will have an earring now 🙂

Rule 7 might trigger a bit of orderliness: “I don’t organize my room, desk, or suitcase”

Saying that he never organizes his personal spaces, suitcases or desks, CZ’s suggestion is still not valid for most people. It can turn into a nightmare when trying to save time, especially for those living in a crowded house that suppresses the entrepreneurial spirit.

Rule 8 is aimed at regulating TV, social media and content consumption habits:

“I don’t read the news unless someone sends me a link. Even if the link comes, I only give 10 seconds of time, I’m a quick read. I don’t watch sports unless we have a sponsorship like Argentina outside of the CR7 or the World Cup, which I actually just watched on TV the last game. What a match! But I still know what I have to give up to make up for the time I spent on that game.”

Saying that he used to watch a lot of movies, CZ now states that he finds most movies boring and brings the subject to today’s social media trends;TikTok and similar video media I don’t use it, I spend some time on Twitter and write some blogs. I don’t listen to music, I hate loud music in restaurants or meeting places, I always ask them to turn the volume down. I like quiet places.”

Rule 9: Listening to the books aloud instead of reading them, or even at 2.5 times the speed…

“I am a really boring person. I listen to books. I listen to a book while taking a shower, brushing my teeth and, of course, even on the toilet. When I’m in the car and at the airports, I listen to a book. I listen to a book for about an hour every day before I go to bed (which alone is easily 1 book a week). However, I mostly listen to books on airplanes. I’m writing a blog post if I’m available. When I’m tired, I only listen to a book. I can finish 2-3 books in one long flight and I fly a lot. I spent 600 hours in the air last year.”

“Often a book I’m listening at 2.5x speed (you get used to it after a while). Most books have around 4 hours of listening time on average. So how do I choose the books? Some are friend recommendations. Some are AI suggestions based on books I love. I stop listening to books I don’t like as soon as I feel that emotion. I don’t finish most of the books I buy. From the books I love, I listen to them over and over, and I also buy the Kindle ebook edition to read.”

“Time is the most limited resource and knowledge is the strongest multiplier. Don’t trade time for anything else.”


source site-37