Money never sleeps, so why should you? Well if you’re a regular ‘ol person, the answer is, “There’s more to life than just money,” and “If you don’t sleep, you’ll die.”
Sure, those are fine answers but they are not very insightful. Hopefully you’re a personal finance reader who by virtue is interested in money.
So let’s first talk about the general meaning of money never sleeps. Then I’ll go a different route in answering the next question, if money never sleeps, why should you?
There’s a saying that “Money never sleeps” since money can always be working for you no matter what time of day. Money will also find itself in the most lucrative of investments and flee from the most horrific.
There are opportunities out there to make money every minute of the day. Some of the most successful people latch onto this reality and work every waking minute they can muster. Or they find ways to make money by hiring the right people to work for them and generate a profit.
In addition, or alternatively, they find ways to generate wealth through passive income. This is my favorite way to earn money and a perfect example of why money never sleeps when executed well.
Thus, since money never sleeps, and you want to make money, why should you sleep either?
Here’s a relevant work story of mine about giving up sleep to make money from back in 2011. One evening after coming home from a 14-hour-day at 9:30pm due to a client dinner, I got back to work, online work that is.
I had a conference call with Mumbai scheduled for 11:30pm. Then I had another scheduled with London at 6:30am the next morning.
Normally, I would be OK with these one-off conference calls. However, this was the 8th consecutive workday in a row I was getting home after 8pm and I was beginning to tire.
I was pissed because the guy who was supposed to call me at 11:30pm didn’t call until midnight. I hate egregiously late people. It’s disrespectful. Meanwhile, my conference call at 6:30am went 30 minutes over and I had to then go to into work.
My client wasn’t willing to stay 1 minute past 5pm in London (9am PST) to resolve an issue and pay for my services. As a result, I didn’t close the deal, which left me annoyed.
He said that I’d have to wait until Monday, which was baloney since I bent over backwards to accommodate his schedule. I will likely never work with him again given how painful the process was.
Why can’t people be on time and do what they are supposed to do? Why can’t folks just provide a little bit extra? If everybody did their duties well, the world would be a much better place. But, you know what? I’d rather have something going on than nothing. Things were too quiet for a week during Thanksgiving and I was itching to get back into the fray.
Everything ebbs and flows. You can be on “the bench” for months, and suddenly you’re staffed in a faraway place working 12 hour days for 6 months straight.
This is what happens to consultants from firms like Accenture and IBM Consulting. It’s important to understand business cycles. For example, new budgets are often created at the beginning of the month, and at the end of the year pressure is on to sell.
It’s during robust periods and peak seasons when you’ve got to work full throttle to generate business. In many businesses, the peak season is what makes or breaks the year. The hotel leisure business is a great example.
It would be great if we could all balance our workloads out more evenly. This is part of the reason why I think there’s a benefit of working just a couple hours on the weekends as well. That way, there’s not a massive rush on Monday and cessation on Friday.
Instead, we can spread things out more evenly, and lead more balanced lifestyles! The best time to work to maximize your profits and boost your career is when nobody else is working.
Every day I try and seize the moment as much as possible. I will never forget starting with nothing, therefore I will never take any opportunities for granted.
In addition, I will continue to utilize the best financial products to grow my wealth. Money never sleeps, so I encourage you to make your money work harder for you.
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Some of you may have workaholic tendencies and have a hard time finding balance. There are literally too many things to do once you build your momentum. You become a rolling magnet that gathers up more and more little magnets until you turn into this giant rolling ball of attraction.
But it’s important not to push yourself to the breaking point and burn out. You’ve got to pick and choose the most interesting, helpful, and lucrative projects.
For the things you can’t handle, know that there is someone else who would probably find value in them. Refer your friends to your clients! It’s a way of paying things forward.
There won’t be failure due to lack of effort. I encourage you to hold the same belief. Money, success, love are all there waiting for you to grab them. Aim to do at least 1-3 productive things each day and have no regrets.
Related: Waking Up Earlier May Make You Richer, But Not Happier
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