Time Management For the Young Entrepreneur

In this article, the author discusses the time management for the entrepreneur that is starting out.  What I like is the way the time is described, which works very well for business professionals.  You are basically dividing your time between activities that generate revenue, and those that don’t.  In this way, you can really get a handle on where you should be spending your time to reach your goals.  From here, you can determine what tasks you need to outsource first as well.  Read on for more on this type of time management strategy.


The Action Machine – Get More Done And Quit Spinning Your Wheels!


The Article:

Time Management is a very popular topic. For a human construct, time certainly has created a groundswell of interest. Research tells us that more people go to workshops and seminars to learn how to make the most of every moment than any other topic. Explore any bookshop or search the Web and you’ll find more information about time management than any other topic. I believe that true entrepreneurs operate according to a different time management model than others. Read on.

Most entrepreneurs have progressed through two economies-the ‘Time-and-Effort Economy’ and the ‘Results Economy’. Through the latter, entrepreneurs eventually and inevitably arrive at an entrepreneurial system of time management.

The ‘Time-and-Effort Economy’ is familiar to most of us. Its central feature is something called a ‘job’. Most people had one at some stage or another. The time-and-effort economy has a very effective time system. It’s called the Bureaucratic Time System and it consists of work hours, work days, work weeks. It’s been in operation for about 200 years and it was designed to make sure that people turned up to work, did their jobs, and went home. And after 65 years of doing this, they retired-they had to, they were worn out. They’d given their best years to their job and then it was time to get ready for the appearance of the Grim Reaper, which, in the 1930s, was about 18 months after retirement.

At some stage along the way, some people review their progress and say, ‘Wait a minute, I can do better myself.’ Entrepreneurs are born. These people are prepared to live by the code that they get paid for their own unique talents and payment occurs only when they add value to a service offering. Those who are not prepared to take the considerable risk involved remain adherents to the Bureaucratic Time System and opt to climb the promotional ladder, opt out, or continue along a path of their choosing.

As entrepreneurs continue their development, they realize that the Bureaucratic Time System that previously satisfied them no longer meet their needs. If they’re lucky, their search leads them to the Entrepreneurial Time System.

There are only three kinds of time you can have.
1. FREE TIME
2. FOCUS TIME
3. BUFFER TIME.

Free Time is exactly what it says. It’s your time to do with as you please-read a book, go fishing, spend quality time with your loved ones, etc. Free Time is no mobile phone, no work-related reading, no ‘shop talk’. The moment you allow a workplace interruption, your Free Day has ended. If you’re going to include Free Time in your calculations, it must come off the top. You must organize your Free Time, first. Some entrepreneurs organize their Free Time years in advance and are very reluctant to change this allocation because they see that they ‘grow’ during Free Time.

You’ll probably have about 100 Focus Days-a-year. These are the days when you’re focused on your key fee-generating tasks. You could be on assignment somewhere or office-bound working on a specific project. Those who know you will know that you can’t be interrupted during your Focus Day.

Buffer Days allows you to have Focus Days. On these days you are not held accountable for earnings. Most people, it seems, spend their whole working life having Buffer Days-a little bit of Free Time, a little bit of Focus Time, and a little bit of Buffer Time.

Old habits die hard; that’s why this article targets young entrepreneurs. Changing from a Bureaucratic to an Entrepreneurial Time System is something young entrepreneurs will find easier to do than others. There remains just one question that needs to asked. What specifically is it that you’re doing when you’re operating in an Entrepreneurial Time System? Those activities will be addressed in another article.

Dr Neil Flanagan knows heaps about successful management and managing. He has separated the practical ideas of management know-how from its entangling theory and jargon and made it available to you @ http://www.management2go.com And while you’re there, download a FREE gift, a FREE e-Topic, and sign-up for a regular newsletter that will link you to a worldwide network of people just like you. If you’d like more information about issues raised in this article, go to http://www.management2go.com/products/Start-Your-Own-Business.html


So what are your ideas on Time Management?  What tips and tools do you use as a business owner to make the most out of the time you have? Leave a comment below.

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Time Management – It’s Your Life

This article is about more than just time management.  It takes the approach of time management relating to the priorities that one has in their life as well.  What is important to you?  Whatever it is, you will make the time for it.  The key is being consciously aware of what your priorities are.  This following article shares an experience and story about a woman who was clear on her priorities and what she is managing to accomplish based upon what her priorities are, and is using her own form of time management to achieve them.  Read on for more.


It’s your life and how you manage your time here is your decision. First of all understand that you cannot control time, but what you do with your time is under your control. Your time is ticking away. Is effective time management something you would like your life to benefit from?

Let’s start with you, the most important person in the world, by first taking the time to define your life, and what you want to be, do or have. That alone will start to help you with instilling effective time management disciplines in your life.

One night I met a lady in a take-out restaurant / bar in Brainerd. MN. While waiting for our orders we started a conversation. Shortly into our conversation she mentioned she was a Great Grand Mother. I could not believe it. She looked younger than me, had a beautiful complexion and a great attitude.

She was 67 years old, still working, but had a purpose to live, and that purpose caused her to manage her time effectively. Naturally, I had to explore what her purpose was, while exploring her time management disciplines, with her limited time.

Clara used to weight 237 pounds and had no real purpose to live. Through her church she had learned about having a positive mental attitude and a purpose in life. Once she decided on that purpose, her life started to change. She took control over the things under her control, one of them being the way she managed her time here on earth.

Unlike money which comes and goes, Clara understood something more valuable than money – time management, as time constantly goes and does not come back. Our time here on earth is limited and goes up in value as we get older. Therefore, we need to be more effective with time management.

Clara’s purpose was to take her family, grandchildren and great grandchildren to Africa and tour the historical slave route of their ancestry. To do that she needed to get in shape. She took control of her diet and started to exercise on a regular time management basis. She now weighs only 170 pounds.

She is still working and saving money to make her dream come true. She will continue to work until age 70, at which time she believes she will save enough money to live that purpose and retire healthy. She is doing her best at managing her time – that is the discipline of time management.

Do you know what your purpose is? This alone is the foundation of time management. Without a purpose, or goal, you are wondering around aimlessly and wasting time. Clara’s purpose gets her up in the morning. She maintains a great attitude because she knows where she is going and what she needs to do daily to get there. She will find the time to make things happen, as opposed to never having the time. That is the bottom line to time management.

Bob Urichuck is an International Speaker, Trainer and Best-Selling Author. Learn personally from Bob in the areas of Sales, Motivation, Leadership and Team Skills. Bob presents a series of great ideas and strategies with combination of facts, humor, and practical concept in a high-energy and self-discovery process that you can apply right away to achieve results. Subscribe to Bob’s Free Newsletter, worth $297, visit http://www.BobU.com Now!


More Time Management Posts


Time Management: The One Lesson That Should Be Taken From

Submitted by Kerri Lawrey-Jones on Fri, 03/19/2010 – 9:32am. When launching a business, the skill of effectively managing your time is crucial. For most, managing client needs, networking, and tending to your business fills more hours …

Publish Date: 03/19/2010 10:32

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Working At Home And Time Management

This article discusses how time management should be approached when you are at home. It gives a number of tips that should be used when the business entrepreneur is working from home. It does require an additional inner strength to keep on track and not get distracted. Read on for more in this subject.

Time management and organization is so important in life and when it comes to working at home it is doubly important. As a matter of fact Time management, organization, schedules are all prominent in any successful organization.

Time is the one thing that we do not have enough of it is the one thing in life that is constant. Time will wait for no one so we have to utilize it the best way we can.

It makes no sense to try and cram everything in to a short space of time because it will become counter productive. can you imagine a plumber trying to make a deadline of finishing 3 days work in one day. His work would become sloppy he would make mistakes then he would have to go over the job again.

So really the answer to the question of not having enough time is organisation, writing schedules and keeping a diary. This is vital for a home based entrepreneur!

Organisation means keeping all your documents, invoices, accounts and everything you use in your business in their proper place. This will save time because you will know where everything is It will also lead to a less stressful home/working environment.

Keeping a diary, filo-fax or some kind of personal organizer is a vital business tool for obvious reasons.

Another system that is invaluable is writing rotas or schedules. Now it is no point writing a great schedule and not sticking to it is there? When one writes a schedule they must take into account all the aspects of their work and there family life. remember when working at home a happy work environment will lead to more productivity which equals more profits.

When writing a schedule It is important to encompass everything that could mean taking the children to school, shopping feeding the dog. as well as all your business commitments. Always make time for the family, especially when working at home. Make sure you have an arrangement with your spouse about your working hours, and that the children realise as well. Of course If you have younger children you have to give a bit more of your time or get child minders.

Having an office or a part of the house where you can work undisturbed would be fantastic. because you can then have all your tools i.e computer, telephone, files and stationary in one place. Hence saving an immense amount of time.

Planning is another useful skill to have in the quest to save time and be more productive you should take a couple of hours in the beginning of the week to plan for the coming 2 weeks. Again take everything into account then write your schedule.

Having planned your schedule for 2 weeks give yourself some leeway like an extra half an hour in between chores. As you never no what can pop up.

So in summary to help in having a smooth profitable home business you must be organized. Plan your weeks ahead then write your schedule remembering to be flexible. Let your family know what your schedule is and you will find that time is not a problem at all.

Copyright © Terry Stewart

Terry Stewart Is a successful home based business person who has been a chef for many years. He has transferred some skills to his present business eg. organisation and I for detail. This article is the copyright of Terry Stewart.

Terry Stewart publishes a daily newsletter packed with the best resources and ideas for the net entrepreneur. To subscribe mailto:telnelbiz@getresponse.com

http://www.telnelbiz.com

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$75000 Time Management Secret

The ideas in this article are really great. I have heard of making a list, but prioritizing it and sticking to it… I think that is the answer. I see myself getting ending up doing what I want to do first and staying on that longer than I should. This is a great way to approach it. The key is however, in knowing which are the priority tasks to do….

Are you drowning in email? Is your mind filled with anxiety over an increasing number of tasks?

Each day that you put off accomplishing the tasks and assignments that are yours, creates more pressure for the next day, and the day after that.

Time management is a hot topic on the internet. The Overture search term suggestion tool indicated as of May 2003 that over 34,000 individuals were searching the keyword phrase time management. Experts predict that Overture is only capturing about 2% of the total searchs. This means there is a potential of approximately 1.5 million people daily searching for help with time management. Mind you this is only the tip of the iceberg. These are the individuals possibly seeking help! Many might feel they don’t EVEN have enough time to seek assistance!

I’m going to share with you a time management strategy that is the GRANDFATHER of time management strategies. This original technique sold for $25,000 nearly 70 years ago to top management. It was highly prized.

It will work for you, if you put as much energy into using it, as you would if you just paid $25,000 for it, or closer to $75,000 if you account for inflation.

Bethlehem Steel was willing to pay the amount in order to increase the productivity of their company. They consulted with Mr. Ivy Lee.

Lee’s advise?

“All you need to do, advised Mr. Lee, is take a pad of paper, this evening, and list the most urgent projects which confront you. Then, study the list and number them, assigning number one to the most important job, number two to the next most vital, and so on down the list.

Beginning tomorrow, tackle number one and stay on it until it is finished before you move on to number two. Work on down the list. When the day is through, prepare a new list, again assigning top priority to the most important task still undone and so on down the list. Do this everyday.” (University of Success, Og Mandino, pg. 219)

Of course it is up to you to make your list every single day. Why not try this $75,000 technique for one week. I’d love to hear about your success. (Donald@spiritualjava.com)

********************************************
Dr. Donald Schnell co- founded with Marilyn Diamond
of Fit For Life, the Spiritual Java Diet Coaching Program,
that is transforming thousands. The New Spiritual Diet,
Incredible Value, One on One coaching Amazing Results.
http://www.SpiritualJava.com or email:
Donald@SpiritualJava.com
Donald Schnell is the author of The Initiation. Free Motivational
Newsletter, The Buzz http://www.spiritualjava.com

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Why Time Management Seminars Don’t Work – And What Does

This article talks about how time management seminars really don’t address the base issue of time management and how coaching is a more effective method because it is more individualized. It’s also about having a good plan of action during unexpected situations. Read on to see more about how time management should be approached.

They’re based on two assumptions that no longer work. The first is that you don’t know how to manage your time.

Let’s say you’re asked to attend a Time Management seminar at work. You’ll be given a method that’s designed to apply to as many people as possible, so it may have little to do with your type of job. Some jobs are routine, and we do the same thing every day. Other jobs feature constant variety

Coaching is the better method, because it’s individualized, and if it’s a good coach, they’ll be asking you lots of questions.

I would ask you things like this:

1.When DO you manage your time well.
2.When you are in charge of the project, how do you manage your time?
3.If you had 8 hours of uninterrupted time – no phone, no meetings, no knocks on the door – how do you think you would manage your time?
4.When you are planning a vacation you’ve waited for all year, how good are you at managing your time and being organized?
5.How would you tell someone else to manage their time?

Barring such things as ADHD, you’d probably discover that you know how to manage your time under certain circumstances, so it’s fallacy that you don’t know how to manage your time, and a group seminar is particularly unuseful to you because it will never bring this point to the surface. Nor will it tell you how to apply the strengths you have to the situations where your time becomes “unmanageable.” Bear in mind that your time becomes unmanageable not because of lack of skills on your part, which brings us to the second fallacy.

The second fallacy is that you can be taught to manage your time because it’s rests on the false assumption that your time can be managed. You can only manage yourself in reference to your time.

In today’s world where change, communication and information are accelerated, and responsibilities are exponential, there is no one “way” to manage time.

The skills you will need to rely on are Emotional Intelligence competencies, and they will cure the problem, not treat the symptom.

Emotional Intelligence covers such competencies as flexibility, creativity, intuition and resilience. This means that what you are building is not “time management skills”, but the ability to function amidst chaos, inadequate data, imperfect human beings, uncertainty and pressure.

We are as much trapped by technology and people as we are assisted by them. On a good day, your computer, cell phone, airline, team plan, and project team will make things run more smoothly than in the past, and you will accomplish your goals for the day.

But on a bad day, your calendar will be of no use if your server goes down, and neither will your email. Even though you keep a meticulous day planner, you’ll have to rearrange your schedule if your cell phone battery goes dead in the middle of a client call. If your airplane is late arriving, it won’t matter how many people you called to the meeting, or how carefully you planned the details. And if Harry has to have emergency surgery and be out of work for two weeks, he won’t be fulfilling his part of the project, even if he’s prepared, knows how to do it and highly motivated and you are left to cope.

What will help you in these situations is:
·Resilience – being able to bounce when confronted with obstacles;
·Flexiblity – being able to relax when things change, so you can continue to think and function at top speed;
·Creativity – so you can come up with a Plan B; and
·Intuition – which can give you the an early-alert system to warn you when things are starting to fall apart, and how best to get them back together again.

When you have these competencies developed, your personal power increases greatly. You will no longer panic (anger or fear) when things go wrong, or change. You will be able to move past blame, and start fixing the situation. And with highly developed Emotional Intelligence competencies, you will be able to access much more help from those around you because of your empathy, communication and interpersonal skills.

We can no more control time than we can control emotions. The best we can hope to do is manage our emotions and those of others, and manage ourselves and others when our well-laid plans go astray. This is Emotional Intelligence.

Next time you think about a Time Management Seminar, think about an Emotional Intelligence Seminar or Emotional Intelligence coaching instead. And ask your manager or employer for this learning tool. It will get to the root of the problem, and since it’s broadly applicable, it will help with a lot more than just time management.

©Susan Dunn, MA, The EQ Coach, http://www.susandunn.cc . I offer coaching, distance learning courses, and ebooks around emotional intelligence for your continued personal and professional development. For free ezine, mailto:sdunn@susandunn.cc. I train and certify EQ coaches. Get in this field, dubbed “white hot” by the press, now, before it’s crowded, and offer your clients something of exceptional value. Start tomorrow, no residence requirement. Email me.

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Where Does the Time Go

Ever find yourself wishing you had just a few more hours in the day to get it all done? Between work and family responsibilities alone, it can be challenging to juggle time for everything. Surely we were created for more than a life on a continuous treadmill where we never seem to catch up.

Futurists predicted that, in the 21st century, work would be done in virtual organizations and paperless offices. Some even said that the work week would drop to 35, or even 30 hours, and that too much leisure time could become a problem. Most of us are not quite there yet, are we? Actually, over the past quarter-century, the time Americans spend at work has continued to rise. Our world seems to be speeding ahead faster than our comfort level and creating effects like stress, exhaustion and other health problems, to name a few. In business, the constant pressure to reduce costs and to do more with less often leaves employees in an unending cycle of overwork and overwhelm which ultimately affects the productivity and efficiency of the organization.

What is the solution? Time management can help. Or rather, more effective use of time can help. When you think about it, we don’t really manage time, but rather manage ourselves and how we choose to spend each 24 hour day we are given. By having tools and support available, we can better manage ourselves and the choices we make.
Tips for Managing Use of Time…

1. TAKE A LOOK AT WHERE YOU SPENDING YOUR TIME. It may sound odd to suggest taking time in an already busy schedule to assess how you are using time. Try tracking your time for the next week and see just how you spend it. Becoming more aware of how you use time can help you identify opportunities for changes that may alleviate time pressures. Ask yourself: Is there a change I can make to spend time more wisely?

2. DISTINGUISH BETWEEN IMPORTANT AND URGENT. If you have 25 tasks for a given day, how many of them do you truly need to accomplish? An excellent tool for helping prioritize activities is Covey’s Time Management Matrix (Stephen R. Covey in his book “First Things First”). It is a simple and straightforward approach to determining importance vs. urgency when planning your activities. Most of the time, focusing on things that are important, rather than urgent, results in greater effectiveness. Ask yourself: Do I prioritize effectively?

3. PLAN YOUR WORK; WORK YOUR PLAN. There is a cost in time and energy associated with working in a reactionary mode without a plan. While there will always be a need for flexibility, having a plan will help you maintain focus and measure progress. It can also support you in handling interruptions that may take you off task. Ask yourself: Do I have a clear plan? Am I working my plan?

4. ZAP TIME WASTERS. Time wasted can never be regained. A few examples… browsing the internet, email, chatting with co-workers, looking for things, and talking on the phone. Some ideas for zapping these time bandits are: schedule a time to return phone calls and email, get organized so that time is not wasted looking for tools and papers, use an Internet reminder service to keep track of important dates or events. Ask yourself: What will I do to eliminate time wasters?
“The bad news is time flies. The good news is you’re the pilot.” ~ Michael Althsuler

Coach Morgan is a Business & Personal Coach. She helps business leaders and their teams become more productive and profitable while maintaining focus and balance. She has led work groups in the United Kingdom and Australia. Coach Morgan is an adjunct professor at the University of Miami and a graduate of CoachU. She is the author of “A Year of Smooth Sailing – 12 Strategies for Charting Your Course to a Great Life” and “Smooth Sailing Success.”

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Use Your Time Wisely

When I was small, I have never considered the importance of time.
I would just laze around, watch TV, lie in bed, and play video
games. As I grew older, I thought about the things that I have
achieved. To my surprise, I haven’t accomplished a lot.

I resolved to myself that I will do things that will contribute
to the benefit of mankind. I studied very hard and learned a
lot of lessons from my experience. I lack self-confidence
before, so I want to help other people overcome this predicament.

I became obsessed with self-improvement, so I started a
newsletter. I’m also working on an ebook about persuasion as
I’m writing this. I want to help anyone in need because it
feels so good to solve other people’s problems.

I urge you now to make the most use of your time. It may be
joining a fundraising organization. You may also learn new
skills or crafts. Create a goal and go for it!

Don’t be a couch potato. Don’t just sit around and be contented
with the monotonous patterns of your daily activities.

Do something nice and give all your best to the fulfillment
of a worthwhile endeavor. It will give you a very deep sense
of happiness and satisfaction.

Some people complain that they don’t have enough time to take
action on their goals. They have to go to their 9 to 5 job,
then when they go home they feel so tired all they can think
about is watch TV, relax, and sleep.

I’m not saying that leisure is a no-no. In fact, everyone should
take time out once in a while to recharge and revitalize their
energy. The key is to have a balanced life. Set aside a
fraction of your time to carry out your dreams and ambitions.
Reserve some time to establish healthy relationships.

Ok, I hear you. You’re saying that you really just can’t budget
your time?

Don’t panic. Here are some time management tips.

1) If possible, do more than one thing at the same time.

Exercise while watching your favorite TV show. Listen to
educational tapes while waiting for the bus.

Be forewarned! Never do this if it puts you at risk or in
danger; for example, don’t text while driving.

2) Don’t do something later if it can be done concurrently with
an activity at present.

If you’re going to the market to buy some eggs, think of the
other things that you have to purchase so that you don’t have
to return again.

If you have an appointment with the dentist today and you also
have to go to the bank (which is near the dentist’s clinic) at
any day, schedule the two activities on the same day.

3) Be organized in everything that you do.

Put labels on bottles. Put similar files on one folder. Make a
list of things you have to do for the day.

You can also use your mind to organize things you have to
remember. Studies have shown that you could only retain
information that fit between 5 to 9 categories at a time.
This is the 7+-2 rule of Neurolinguistic Programming.

If you have many things to do, try to group related things
together. You can combine activities such as reading books,
listening to educational tapes, and watching training videos into
a category such as “Education.” Then you can group swimming,
playing basketball, and paying fees for the gym in a category
called “Fitness.” Get the picture?

Time is one of our most valuable resources. Once lost, it can
never be reclaimed. We must use time wisely for our development
and advancement; so that when we are old, we can look back and
recollect the pleasant memories and deeds that we have achieved.
Time well spent is worth much more than gold.

Michael Lee is the author of “How To Be A Red Hot Persuasion
Wizard,” an ebook designed to easily seduce others to like
you, fully improve your relationships, multiply your profits,
win negotiations, and attain absolute freedom and power.
Get a sample chapter at http://www.20daypersuasion.com

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Tips To Get Motivated and Overcome Procrastination

This article gives a different view of time management. They take it from the point of view of motivation and procrastination. Think about it. We want more time to do all the things we feel are important, but how do we feel about the things we need to do to receive the goals we want to receive? If we don’t want to do them then we automatically take more time doing them? This is a very interesting take on the whole time management issue. Read on for more!

Eat That Frog!: 21 Great Ways to Stop Procrastinating and Get More Done in Less Time

Procrastination is a complicated behavior that affects all people to some degree. Some experience only small problems with procrastination while with others, it is a major source of anxiety and stress. Lack of motivation and procrastination is related to time management. Procrastinators often fail to complete tasks even though they know what the task is and the time they have to do it.

Why do people procrastinate? Often a difficult task is avoided in favor of the less difficult. Tasks that take longer amounts of time are less desirable than those that can be completed quickly. People sometimes procrastinate due to fear of failure. No one wants to be embarrassed by a lack of knowledge or skills when beginning a new task. Overcoming the fear of failure and developing good work habits will do wonders for those who tend to procrastinate.

The first step in overcoming procrastination is to recognize what psychological issues cause you to procrastinate in the first place. Self-defeating issues such as anxiety, fear, poor time management skills, indecisiveness, difficulty concentrating, and perfectionism can be major contributors to a lack of motivation. It’s important to clarify your goals and then work to achieve them.

If you do not know how to manage your time efficiently, there are classes and literature available to help you learn. In order to change, you first have to accept and forgive yourself for your shortcomings. Do not expect to change overnight, expect to backslide on occasion and forgive yourself when this happens. Give yourself adequate credit for tasks you do accomplish in a timely manner.

If you have a friend or coworker who seems to be highly organized and efficient, ask for suggestions as to how you can do the same. Reward yourself for small steps taken towards your goals and be realistic in your expectations. As with any type of behavioral change, overcoming procrastination will not happen instantly. Change your work or study habits to minimize distractions and promote wise management of your time.

Be disciplined in your approach by setting a realistic goal and sticking to it. Setting priorities is critical in learning to manage your time in the most efficient manner. Do not dwell on setbacks or mistakes. Focus instead on success and soon enough you will stop dwelling on failure and instead come to expect the best from yourself.

Motivation is the key to achieving success at work and at home. Motivation comes from within. Coming to grips with personal issues is the first step in realizing why you procrastinate and then taking steps to change. If you focus on self-discipline and proper time management, you will be able to change those habits that led you to be a procrastinator in the first place.

You can get motivated and stay motivated by implementing a few changes and observing a few personal rules. Observing and copying those who seem to always be a step ahead is also an excellent tool in overcoming procrastination.

Realizing that procrastination is a self-imposed condition is an important step in changing those bad habits into a lifelong formula for success. Make your plan, follow it carefully, and forgive yourself for imperfections. You will soon transform yourself from a chronic procrastinator into a highly motivated, disciplined individual.

Arina Nikitina is the author of the goal setting tutorial “How to Set and Achieve a Goal”. Get 27 proven techniques, 9 worksheets, and step-by-step success plan here: http://www.how-to-set-and-achieve-a-goal.com/.

arina@goal-setting-guide.com

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Time Poverty

This article discusses the mindset of time and what we do to fill our time. How many people do you know that never seem to have time, and they also don’t seem to be making progress either? Well these people are filling their time with activities that don’t take us to our goals or add quality to our lives. They have a ‘time poverty’ mindset. read on for more insight on how this mindset affects the quality of our lives.

There is a misguided thought that being busy is the same as making progress. With shorter deadlines, competing priorities, interruptions and even higher quality expectations, it brings today’s time challenges to another level. Yet the number of hours in the day has not changed.

A common mistake that most people make is not allowing for a balanced life-style. Remember, one’s overall health and wellness require attention to six important life areas:

Physical (exercise, nutrition, sleep)
Intellectual (cultural, aesthetic)
Social (intimate and social relationships)
Emotional (expression of feelings, desires)
Spiritual (quest for meaning)
Career (career goal directed work)

Naturally you don’t need a required amount of activities in each of these areas, but if you neglect one entirely, you may be ignoring an important part of yourself. For example, if you set aside time for exercise you will improve your overall functioning and better manage your stress. If you take time for your intellectual growth, you will gain new perspectives on life, experience different pleasures, and be better able to focus on your goals.

Consider your biological prime time – the time of day when you are at your best. Are you a morning person, a night owl, or a late afternoon whiz? Knowing when your best time is and planning to use that portion of the day for your priorities is effective time management.

You can conquer procrastination using Alan Lakein’s method of “Swiss Cheese”. When avoiding something because you dread the task, break it into smaller bits and do just one of those smaller tasks. If this is not possible, set a timer and work on that biggie for just 15 minutes. By doing a little at a time (I hate filing), eventually you will reach a point where you’ll want to finish it once and for all.

For myself, learning to say “no” was next to impossible. Such a small word, but I wanted to please no matter the cost to me. But focusing on your goals may help. You must be convinced that you and your priorities are more important – that seems to be the hardest part in learning to say “no”. But it does get easier when you simply can’t find the time and refuse to be derailed for that hour or that day.

In the Malaysian culture, only the gods are considered capable of producing anything perfect. Whenever something is finished, a flaw is left on purpose so the gods will not be offended. Of course some things need to be closer to perfect than others but perfectionism can be a form of procrastination. Shed the stress of always being perfect.

Gaining control over your business (and personal) life, means gaining control over your calendar. Eliminate the trivial tasks or those that do not lead to your long-term goals. Focus your efforts where they count. Managing your time requires an understanding of where your time is going, outlining your priorities, and defining a time budget and plan, even if it means changing some behavior and monitoring the results.

© 2004 Esther Smith

Esther Smith publishes a weekly Newsletter, Partners-For-Profit. Her websites: http://thepermanentventure.com and http://moreonlinecash.com offers proven resources for all home businesses. She also does freelancing: writing, editing and/or proofreading. mailto:editor@thepermanentventure.com

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Time Managment Training – A Necessary Investment or A Waste of Money

This article gives an interesting perspective on time management training and some of the numbers involved with such type of training. It comes down to the how much is an hour of time worth for each employee and how much time they will save through the training. I think that if you have better systems in place, a lot of that time management will take care of itself, because it will eliminate redundant tasks and having to do things over again and idle time because people are waiting on things

Many organizations view time management training as something they’ll spend their money on, only if they have to. Usually when pruning the company or department budget, training is often the first area that gets the chop. And yet can you really afford not to?

Here’s what Dr. Donald Wetmore a Time Management Specialist from the U.S. recently said in the on-line e-zine Activepro…

Training is not a cost it’s an investment
‘It really doesn’t matter what we pay for an investment. What’s relevant is what we get in return. One of the best ways to jeopardize an organization’s future in today’s world and increase the probability of troubled times it to look at training as a cost and pay the price of not training or provide substandard training that operates only as a bandaid for the training requirements.

A person being paid $50,000 per year who is wasting just one hour per day is costing the organization $6,250 per year. If through one of our Time Management Seminars that person can learn how to recapture just one hour per day, that translates into a payback to the organization of $6,250 per year!

If there is a group of 25 people, the return to the organization is $156,250 per year! That doesn’t even include other benefits like profitability, reduced turnover, improved morale, enhanced teamwork, greater creativity etc.)
Over 5 years, the payback is $781,250. What would your organization invest to achieve that return and payback?

Not so many years ago, training was an option for most organisations. Today it is no longer an option. If any of us continue to do what we do the same way, within five years most of us will become obsolete. Why? Because our competitors are helping their people to become more effective through training.
If we look closely at companies who are doing well in the long run, they almost always have a well thought out training program in place
They realize the price for not training is the real expense of training’.

The most important training or knowledge enhancement you can offer to your employees is in the personal development area. Effective time management is a life skill which affects us all. Depending on how skillful we are at managing our time it can have a major impact on the whole of our life. Our skill levels in this area can greatly benefit us or cause us to be constantly stressed out.

Training is a life long endeavor. It has to be ongoing. Life changes constantly and so do our needs and those of our people, the no. 1 asset in every business. Time Management training is crucial for it’s when we learn to use our time effectively that we get so much more done in our lives.

Lorraine Pirihi is Australia’s Personal Productivity Specialist and Leading Life Coach. Her business The Office Organiser specializes in showing small business owners and managers, how to get organized at work so they can have a life! Lorraine is also a dynamic speaker and has produced many products including “How to Survive and Thrive at Work!”

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