On Resources: My Thoughts Explained

Lifestyle Entrepreneurs and Time Management

Most people make a huge mistake: without setting priorities, they keep an action list. It contains entries from top to bottom about sending faxes, filing documents, calling people and setting appointments among other things. And when the day comes to an end, most of the actions have been done and people feel good. There is nothing wrong with keeping track of progress and activities but you’ll not be able to achieve the successes over time if this is done outside the scope of your personal goals.

What is the issue here?

Any action list without categories or proper priorities may offer you a temporary feeling of accomplishment when crossing items off, but it will not help you to attain your goals. The unorganized activities quickly leads into a behavior pattern that either focuses on the easy tasks or on urgent tasks but not necessarily important.
Entrepreneurs – My Most Valuable Tips

Lifestyle Entrepreneurs are very careful when it comes to time management. They know that working on their goals is the most important task to do, even if it means postponing visiting a friend. They will never allow tasks that are urgent to take control above their day. They manage the urgent tasks coming up by proper advance planning.
What I Can Teach You About Professionals

For a practical approach to getting back on track, structure your activities into three different categories.

The Planning Zone

It includes everything that’s so important but not urgent. These are those things that when you do them they’ll contribute to reaching your objectives in the longer run.

As an example, working on your own long term strategy will help you generate future income. Meditation and visualization of goals are also activities that belong in this category.

Successful people spend lot of their time here, and some individuals even spend more than 80-percent of their time.

Production

It includes everything that is certainly very urgent and important. Typically, these are the activities you happen to be doing to generate income with your business.

Example: getting back at a prospect that has responded to your ad or website positively.

Make certain that part of your daily activities fall in this division, as this is where the money is generated. Should be already fully set up and trained up, spend at least 40 to 60 percent of your time here.

Waste Division

It includes everything that’s not urgent and not important. All these are mainly the fun and social activities.

Interestingly enough, this is where quite a number of people that are not getting any results spend most of their time. Their action lists are full of activities in this division.

So be careful here and spend time that is if you can only afford it. I suggest 10% of your time, maximum.