Time Management

One of the biggest challenges facing entrepreneurs and business owners is managing their time. It will make you or break you as a businessperson. The most important component of this is prioritization and ensuring you spend your time on the highest income producing activity. If you're like me, you have literally hundreds of things on your to-do list and if you're not careful, the most important things never get done! The numbers of calls, emails, and other minute tasks that seem to show up throughout our day is exactly what keeps us from achieving all of the goals we have in our businesses and throughout our lives.

Every week we are given 168 hours. How many of you have heard your colleagues or friends tell you they will do all that important stuff they know they need to do as soon as they create more time to do it?

The truth is you can never create more time! The question is how you will use your 168 hours. Will you fill your 168 hours with all of the day to day fluff that keeps you from doing that which you know is the most important business building actions or are you spending your day with the work that keeps you really, really busy but not producing the results you know you need to create.

When deciding what to do first, there are a few questions I recommend asking first:

1. What is the highest and best use of my time now?
   

2. What is my fastest path to cash?
   

3. What is my highest income producing activities in alignment with my outcomes?
   

For many of us, we wake up every morning and turn straight to our email, only to find we’ve lost sight of of the most important priorities of the day and spent our day answering email and reacting to the problems that arise. No business’ ultimate success has ever been created in reacting to circumstances. True business success requires productivity instead of reactivity.

High-level business men and women all implement the following action steps to ensure they produce the most they possibly can in their day. The first thing they do is create a list of the ten most important things they need to get done in a day every night before they go to bed. When they wake up in the morning the first thing they do is take out that action list and take action. The second thing they do is complete ten things by 10 AM. You’ll learn later about the Power of Momentum. By completing ten things by 10AM you’ll be amazed how much more you’ll get done in your day because you’ve gotten started with such strong energy and momentum.