Everyone has the same amount of time in a day as people like Elon Musk, who is CEO of not just Tesla, but also SpaceX, The Boring Company and Neuralink, and Jack Dorsey, who is CEO of both Twitter and Square.
So how do such busy billionaire founders like Musk and Dorsey manage their days? Here are Musk's, Dorsey's and other successful business leaders' tips>Jack Dorsey has meetings from a Google Doc
Prakash Singh | AFP | Getty Images
Research has shown that most managers believe meetings kill productivity: 65% of senior managers say meetings keep them from completing their own work, according to a survey from Harvard Business School and Boston University, and 71% of 182 managers surveyed said they find meetings to be unproductive and inefficient.
When it comes to meetings, Jack Dorsey has a non-traditional approach that he believes speeds up the critical thinking process, as Resume.io points out.
"Most of my meetings are now Google doc-based, starting with 10-minutes of reading and commenting directly in the doc," Dorsey tweeted in 2018. "This practice makes time for everyone to get>Elon Musk eliminates excessive meetings
Elon Musk speaks>Jeff Bezos makes quick decisions
Amazon Founder and CEO Jeff BezosMark Ralston | AFP | Getty Images
It's important to make "high-quality, high-velocity" decisions, according to Amazon CEO Jeff Bezos. That's because "speed matters in business," he said in his 2016 letter to shareholders.
"Most decisions should probably be made with somewhere around 70 percent of the information you wish you had. If you wait for 90 percent, in most cases, you're probably being slow."
In fact, whether you make the right decision can actually be less important than making>Steve Jobs knew when to say 'no'
Apple Inc.'s former CEO, the late Steve Jobs, announces the new iPad>Bill Gates sharpens his focus through meditation
Microsoft founder Bill GatesLintao Zhang/Getty Images
Many successful people from Dorsey to hedge fund billionaire Ray Dalio make meditation part of their daily routine.
It is also one of Bill Gates' favorite productivity habits. "It's a great tool for improving my focus," he said in his Gates Notes blog in 2018.
"Meditation is simply exercise for the mind, similar to the way we exercise our muscles when we play sports," he said.
The Microsoft co-founder, who meditates "two or three times a week, for about 10 minutes each time," said that meditation teaches him "how to pay attention to the thoughts in my head, and [gain] a little bit of distance from them," improving his concentration.
Gates suggests the book "The Headspace Guide to Meditation and Mindfulness" by former Buddhist monk Andy Puddicombe, for anyone who'd like to get started meditating.
