Are you working so hard you’re not getting enough sleep?
With all that sacrifice you should be paid more, right? Well, may be not! Find out why more sleep could get you more money.
According to the World Health Organisation two-thirds of adults in developed nations fail to obtain the recommended eight hours of sleep per night. This statistic while significant is not surprising.
I think, just like me, you have experienced the horrible feelings of trying to work on little to no sleep and the struggle to just get through the day.
While those tired feelings can be from losing one nights sleep, more often it’s caused from a gradual change that happens over time — one hour less sleep here, another hour less sleep there… the change can be so gradual it goes unnoticed and tired just starts feeling normal.
But lets be real — regardless of how it happens.
Most of us don’t prioritize sleep, that’s why we’re tired.
But what if I said sleep could be costing you money? Would that change how you saw sleep?
The largest factor influencing your pay is performance over time.
This is why high performers get paid more.
But high performance day after day requires focus and energy and this can only be achieved by prioritizing sleep.
When you sleep less, you can’t perform and when you can’t perform, that leads to less in your bank account.
This has been recognized by top business leaders such as Sherly Sandberg the COO of facebook, Jeff Bezos the founder of Amazon, Bill Gates (Microsoft) and Arianna Huffington (The Huffington Post).
All of which are admired for their career achievements and get 8 hours of sleep a night.
In fact, Arianna Huffington gave a Ted Talk, on this very subject telling her own story of sleep deprivation and how she now prioritizes sleep.
If someone told me this story years back I probably would have dismissed it. And thought it’s easy for Arianna to say something like that she’s already made it…
I’m just too busy and I can’t afford to get more sleep… But the reality is you can’t afford not to! And it’s because it’s not just money you’ll be losing out on.
There is a mounting body of research on sleep that show a good nights sleep pays big in other areas.
Research consistently shows you’ll be:
This last one is big! Some research has indicated that an adult averaging only 6.75 hours sleep a night will only live into their early 60's without medical intervention — this news I found surprising and disturbing.
There are four things I want to share with you today that I found made the most difference to me and got the biggest results in the shortest period of time.
Picture sleep as one of your work responsibilities and give it priority. After all, your expected to perform at your best so you need to rest. Schedule sleep, like you would any other important tasks.
Even if you can’t get the full seven-to-eight hours of recommended, try to get up at the same time every morning. This will help you find consistency in your sleep, leading to fuller sleep cycles which increases the quality of sleep and makes it easier to wake up — feeling more alert.
This ones close to my heart. Excessive stress can make anyone an insomniac. I used to have a lot of trouble sleeping because I was so wound up even after finishing work. Find an outlet to de-stress, whether it’s physical exercise, meditation, yoga, or just personal time to do something you enjoy.
Essentially, your sleep debt is the amount of sleep you have lost from not getting a good night’s rest. You need to repay this debt and it can’t be done in one extended snooze marathon. Do it over time, by adding an extra 30 to 60 minutes sleep a night. Remember, you want to wake up the same time everyday so going to bed a little earlier is the best way to go. As you repay, you will get more energy in your day. And you don’t need to keep track of how long to do this, as your body will tell you when it’s had enough.
Maintaining a better sleep schedule is possible no matter how busy you are. Once you start sleeping more consistently, and in full, you’ll be able to accomplish more every day — more than enough to make up for the time you’ll spend getting those few extra hours sleep.
And by accomplishing more you create the opportunity to get paid more… plus the added benefits of a better quality of life.
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Andrew is a strategist, career performance expert and mindset master. A qualified Chartered Accountant and former CFO, he has a variety of experience in top 100 corporates, professional services and building businesses. His passion is ‘results driven education’ and maximising experiential learning to rapidly develop individuals for real results.