Why is Time Management so Important?

Although many people would welcome the extra income a home-based business provides, few are able to get it off the ground due to time constraints. In fact, starting a business can take at least as much time as starting a second job. Imagine putting in a full days work and then having to pop over to your “second job” to finish off your day. It certainly isn’t for everyone, that’s for sure.

While it’s true that many people already have a full plate during the day, time can still be made to devote to your money-making business venture. Sometimes it’s just a matter of being a little creative. Learn to accomplish your daily tasks more efficiently and you’ll be surprised at how much extra time you have during the day.

Even though efficiency may buy you a little extra time, you may find that you will also have to resort to giving up some of your leisure activities. Take a pass at television – this can free up a lot of time for most people. Forgo some social functions – but don’t become a recluse. Cut back on some recreational activities – but make sure to exercise. Keep in mind that once you’ve achieved some success, you should have more leisure time – and a little more money to pursue any activity you want.

Good time management starts with planning your daily activities and being aware of where your time is being spent (and wasted). Managing your day doesn’t mean working harder – it just means working smarter.

In the evening, make a list of everything you need to accomplish the next day. Try to make a schedule and stick to it. Each task should have a time limit attached to it. Try to make efficient use of your time by scheduling smartly and multi-tasking where possible. Organize your errands and take care of everything to need to do in one trip. Keep your phone calls short and limit the amount of time you spend online (unless you’re working on your business, of course.)

And speaking of the internet: Did you know that internet surfing wastes more time during the average person’s day than anything – even television? If your business venture is internet based, the urge to check out “this and that” can be overwhelming. Having that amount of information at your fingertips can be addicting. If you work online, set aside a predetermined amount of time to devote strictly to your internet business – no exceptions – no distractions.

Take this concept a step further and allot time to whatever task you need to do whether it’s yard work, painting, cleaning the windows, whatever. Concentrate on that one thing only until the time is up. If you don’t get finished, continue the next day. You’ll be amazed at how much you can accomplish with this laser focused method of time-management.

Don’t procrastinate. Though it might be tempting to put things off in favour of more urgent tasks, even small, unimportant things can snowball and become emergencies that will gobble up precious hours.

If you stick to your schedule, plan and perform your tasks smartly, and cut out some of the big time-wasters, you might be surprised to find out that you now have the time to give your fledgling business the attention it needs.

All things being equal, the successful business entrepreneurs are the ones who are organized and have good time management skills. The good news is that you can easily adopt these traits as part of your new, time-efficient lifestyle.

Once your new business is off the ground, don’t hesitate to implement the same time-management tactics that are now part of your daily life. This will ensure that you have the focus to get things done, even when you are under the gun.

Of course, all work and no play will quickly take its toll on you unless you make a habit of scheduling some relaxation time. Not to worry: With your new organizational strategies, you will have plenty of time to spend with your family, relax and pursue your personal interests, or to just admire the progress you’ve made.

Time Management Books