The Checklist Content 3

This post was written by Tony-Online on May 17, 2010
Posted Under: Uncategorized

Speaking of TIME – If you’ve been following my blog, you will have noticed a rather large gap since my last posting and this is due to two reasons, the first being time and the second being stamina.

It is very important for you to find some way of relating to the fact that your time is finite, limited, in short supply, and very valuable. Whenever you schedule one or more tasks to complete you have be aware of exactly what you are committing yourself to accomplish and you have make a plan that allocates your time to these.

For example:-
•    You have reviewed the demands on your time thoroughly.
•    You have decided which demands on your time you will give up, such as some of the TV you watch.
•    You conclude that after taking everything into consideration, you have three and a half hours each day that you can devote to your business.
•    Except for Sunday, so this leaves you with a net of 6 x 3 ½ hours available each week for a total of 21 hours.

Now consider, that’s 21 hours you have available for your business project and; for the sake of argument, you are going to spend half of your time on working in the business and the other half of your time working on the business – there is an important distinction you must make here which is that you are doing little if anything to direct (work on your business) while you are working in the business (creating product, shipping product, sales, shipping, accounting, customer service and any other administrative work).

If you are careful to allocate your time equally between these two tasks, you will devote over ten hours to each but, allow your attention to be drawn away by non-business related interruptions and you will not fulfill your plan to spend a full ten and a half hours a week on each task.

Even worse, if you take on any additional task or tasks, the time you have set aside to work on and in your business will diminish accordingly. If you take on one task of equal size, you’ll only have seven hours of time left for each of your existing projects. If you take on two tasks now you’re down to five hours a week you can set aside.

Worse still, your efficiency working at any of the tasks will decline and you will become less productive because you’re dividing your time into smaller segments. Remember, multi-tasking is a myth, you can really only devote yourself to doing one thing at a time.

I can’t stress enough how critically important it is for you to become viciously protective of your time. You can only accomplish tasks through the close and careful management of your time. If you fail to recognize the importance of this, you will fail at anything you set out to do.

Next I’ll share a few thoughts on stamina.

To be continued.

An original blog written by Tony Neilson and published at www.strategicbusinesscreationonline.com May 17/10

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