June 9, 2017
Lifestyle Entrepreneurs and Time Management Most people make a huge mistake: without setting priorities, they keep an action list. It typically contains entries from top to bottom about contacting people, documents filing, faxes sending, setting up appointments. 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 an eye on activities and progress, but you may not be able to realize the successes over time if this is carried out outside the scope of your individual goals. What is the issue here? Any action list with not proper categories or priorities may provide you with a temporary ‘kick’ when crossing items off, but it’ll not help you to effectively reach 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.
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When it comes to time, lifestyle Entrepreneurs are very careful. They know that working on their goals is the most important task even if it means postponing a visit to some friend. They will never allow tasks that are urgent to take control above their day. Instead, they manage the urgent tasks that come about by proper advance planning.
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For a practical approach to getting back on track, structure your activities into three different categories. Planning Division It includes everything that’s very important but not urgent. These are the things that in the event you do them, they will contribute in the longer run to reaching your objectives. As an example, working on your own long term strategy will help you generate future income. Meditation and visualization of goals fall into this division. Successful people spend nearly all of their time here. 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 prospective customer who has responded well to your ad or website. Ensure that parts of your daily activities are in this zone as this is the spot where the money is made. If you are trained up and already set up, spend at least 40% to 60% of your time here. Waste Division It includes everything which is not urgent and not important. These include social chatter and the fun stuff. Interestingly enough, this is where most people that aren’t getting any results spend the majority of the time. Their action lists are full of activities in this division. So be careful and spend only time here if you really can afford it. I suggest 10% of your time, maximum.