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In this tutorial, Mr. Smart introduces the Time Management Matrix, a crucial tool for achieving smart living. He emphasizes that activities can be divided into four quadrants based on their importance and urgency. Importance is linked to personal missions and goals, while urgency refers to immediate time demands, like a ringing phone. The first quadrant encompasses tasks that are both important and urgent, such as crises that require immediate attention; neglecting these can lead to significant issues, like missing an important meeting. Mr. Smart encourages viewers to subscribe for further learning on smart living.