Time as the Ultimate Currency: How Purposeful Action Defines Human Legacy
- Steven Norrell

- Oct 2
- 5 min read
Abstract
Time is humanity’s most finite and nonrenewable resource. Unlike material wealth, social standing, or even health—which can often be restored or rebuilt—time moves in one direction and cannot be replenished. This article explores the science of time perception, productivity, and human motivation, framing these insights within a leadership-driven, purpose-oriented philosophy: the LIVEBIG Principles. Through integration of psychology, neuroscience, and behavioral economics, it demonstrates how individuals can transform awareness of time’s limits into decisive, value-aligned action. Ultimately, the choices made in each moment not only shape personal outcomes but also contribute to a collective legacy.
Introduction: The Irreplaceable Nature of Time
“You will never get this moment back.” The phrase is simple but profound. Each day contains exactly 86,400 seconds. No more, no less. Unlike money, possessions, or even relationships, which may ebb and flow, time is a constant march forward. There is no reset button, no opportunity to replay yesterday, and no guarantee of tomorrow.
What remains after these moments pass is entirely dependent on the actions taken within them. This principle is both daunting and liberating. Daunting because it exposes the weight of responsibility; liberating because it grants full authorship over one’s destiny. The LIVEBIG philosophy insists that intentional use of time is the single most powerful lever of success, fulfillment, and contribution to humanity.
Science supports this. From Daniel Kahneman’s work on the “experiencing self” and “remembering self,” to Mihaly Csikszentmihalyi’s theory of flow, research consistently shows that how we allocate our time determines not just outcomes but also subjective well-being. Neuroscience further reveals that procrastination, regret, and indecision leave measurable imprints on the brain, while purposeful action strengthens neural pathways of confidence and resilience.
This article expands on these ideas in four parts:
The Science of Time Perception and Decision-Making
The LIVEBIG Principles in Practice: Using Time as a Leadership Tool
The Role of Purpose, Energy, and Action in Shaping Human Legacy
A Framework for Living Today as if It Were the Only Day You Have
Part I: The Science of Time Perception and Decision-Making
Time as a Psychological Construct
While clocks and calendars measure time objectively, humans experience time subjectively. Research in cognitive psychology (Zakay & Block, 1997) shows that emotional states, attentional focus, and memory encoding influence whether moments feel long or short. For example:
Boredom expands perceived time, while engagement compresses it.
Fear creates time dilation, where seconds feel like minutes.
Novel experiences anchor memory more vividly, making them seem longer in retrospect.
Thus, it is not only the quantity of time but also the quality of engagement within it that defines human experience.
The Irreversibility of Time and Regret
Behavioral economists Daniel Kahneman and Amos Tversky highlighted loss aversion: humans fear losses more than they value equivalent gains. Applied to time, this means that wasted moments feel disproportionately painful compared to moments well spent. Regret over inaction is particularly enduring. Thomas Gilovich and Victoria Medvec’s research (1995) found that in the long run, people regret not taking opportunities more than they regret failed attempts.
In other words, science confirms what the LIVEBIG ethos teaches: action outweighs hesitation in shaping a meaningful life.
Neuroscience of Action vs. Procrastination
Functional MRI studies (Steel, 2007) reveal that procrastination is linked to hyperactivity in the limbic system (emotion-driven) and underactivity in the prefrontal cortex (goal-driven). Conversely, taking action activates the brain’s reward system, releasing dopamine and reinforcing a sense of progress. This neurochemical feedback loop explains why momentum creates motivation—success breeds further success.
Time, therefore, is not only a resource but also a neurological training ground. Every decision to act wires the brain toward growth; every delay wires it toward inertia.
Part II: The LIVEBIG Principles in Practice
The LIVEBIG Principles position time as the ultimate equalizer. Every individual, regardless of status or resources, receives the same daily allotment. What differs is the intentionality with which that time is spent.
1. Vision Over Drift
Leaders who LIVEBIG design their time around vision, not circumstances. Research on goal-setting theory (Locke & Latham, 2002) shows that specific, challenging goals increase performance by up to 25%. Without vision, time defaults to reactive behavior—responding to external demands rather than proactively shaping outcomes.
2. Massive Action Over Idle Planning
Plans have value, but without execution they remain abstractions. Studies on implementation intentions (Gollwitzer, 1999) demonstrate that linking goals to specific actions dramatically increases follow-through. The LIVEBIG Principle emphasizes massive action: taking bold, consistent steps even in uncertainty.
3. Energy as the Multiplier
Time alone does not guarantee results; energy amplifies its impact. Tony Schwartz’s Energy Project found that employees who manage energy across four dimensions (physical, emotional, mental, spiritual) outperform peers significantly. Leaders who LIVEBIG cultivate their energy through sleep, movement, nutrition, and alignment with values.
4. Contribution as the Endgame
Time invested solely for personal gain produces fleeting satisfaction. Time invested in contribution produces enduring legacy. Research on eudaimonic well-being (Ryff & Singer, 2008) shows that meaning and purpose—beyond pleasure—are strongly correlated with health, resilience, and longevity.
Part III: Purpose, Energy, and Action in Shaping Legacy
Time and Identity
Each decision, each use of time, reinforces identity. James Clear, in Atomic Habits (2018), notes that habits are votes for the type of person one wishes to become. Over years, these votes accumulate into identity and legacy. Thus, daily use of time is not trivial—it is identity sculpting.
The Economics of Opportunity Cost
Economists remind us that every allocation of time carries an opportunity cost—the value of the path not taken. Spending three hours scrolling social media, for example, may cost three hours of building skills, nurturing relationships, or advancing purpose. Leaders who LIVEBIG consciously weigh opportunity costs and invest time in assets that appreciate: knowledge, health, relationships, and contribution.
Flow and Peak Performance
The psychologist Mihaly Csikszentmihalyi defined flow as a state of deep immersion where challenge meets skill. Research shows that individuals in flow experience heightened creativity, learning, and fulfillment. Leaders who LIVEBIG design their time to invite flow—minimizing distraction, maximizing focus, and aligning tasks with strengths.
Part IV: A Framework for Living Today as If It Were the Only Day You Have
To transform awareness into practice, the following framework operationalizes the LIVEBIG Principles:
Begin with Mortality in Mind
Daily reflection on impermanence sharpens priorities (a practice rooted in Stoicism and validated by modern existential psychology).
Ask: If this were my last day, would I be proud of how I spend it?
Prioritize by Values, Not Urgency
Use tools like the Eisenhower Matrix but filter through personal values.
What aligns with purpose deserves more time than what simply screams for attention.
Design Rituals, Not Just Goals
Morning and evening rituals anchor time in intention.
Neuroscience shows that rituals reduce decision fatigue, freeing cognitive bandwidth for high-value actions.
Invest in Energy First
Sleep, exercise, and nutrition are force multipliers of time.
Leaders who neglect these trade hours of productivity for minutes of exhaustion.
Act Before You’re Ready
Waiting for perfect timing is an illusion. Progress emerges from action, not contemplation.
As Mel Robbins’ 5-Second Rule suggests, action within five seconds prevents the brain from sabotaging initiative.
End Each Day with Reflection and Gratitude
Neuroscience demonstrates that gratitude practices rewire the brain for optimism.
Journaling anchors memory and ensures no day disappears unacknowledged.
Conclusion: Legacy in Every Moment
Time is the raw material of existence. Every second is both a gift and a responsibility. Once gone, it never returns. Leaders who LIVEBIG understand that the worth of a life is not measured in years lived but in moments invested with purpose, action, and contribution.
The final truth is simple: You cannot hit reset. You cannot relive today. But you can choose, in this moment, to act in alignment with the life you wish to lead.
The world does not need more people drifting through borrowed time. It needs leaders who LIVEBIG—who transform each second into progress, each day into legacy, and each life into an example of what is possible when purpose meets action.
🌎 Let’s make it happen.











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