Time management is very crucial to success in life and its importance is
more visible in the lives of entrepreneurs. How do successful
entrepreneurs like Larry Ellison, Bill Gates and Warren Buffett manage their
time? How can entrepreneurs manage time effectively so that they can have more
time to spend with their family? You will find the answers you seek with
respect to effective time manage in this article.
As a mom entrepreneur I sometimes wonder how I still make out time
to write on this blog. Managing my business and my family keeps me up 18 hours a day; yet I still find time to
write. How do I make out time for
this blog despite my tight schedule? How do I achieve more in less time?
The answer can be found in these three keywords: “Effective Time Management.”
"Work smarter, not harder"
"Work smarter, not harder"
"Time
is the scarcest resource and unless it is managed, nothing else will be
managed." – Peter F. Drucker
"Waste your money
and you are only out of money. But waste your time and you have lost part of
your life." – Michael Lebeouf
Time is a gift of
nature given freely and equally to all humans but no matter your level of
success or status in life; you still get the same allocation of time. Do you know that the richest man and poorest
man in the world have the same allocation of time; 24 hours? The
difference comes in what they do with their time and how they both manage time. You can never build a successful business
without effectively managing your time.
"Time is a versatile performer. It flies, marches on, heals all wounds, runs out and will tell." – Franklin. P. Jones
"In the world of business and investing, time and information are your greatest asset."
Today, I will be
sharing with you some effective
time management tips. I employ to manage my time. Below are effective time management tips for
entrepreneurs.
1. Never
allow days or weeks at work to just happen. Always think ahead and make out
daily, weekly and even monthly schedules.
2. Don't engage in too many meetings,
they are great time wasters. Better still, you can send representatives or
delegates on your behalf.
3. Don't let your appointments and meetings over
run.
4. Allow your staffs filter out and attend to
not too important calls, emails and letters. The important ones can be
forwarded to you.
5. Allocate your time daily to
perform the following:
- Uninterrupted personal work.
- Discussion with your staff.
- Receiving and replying calls, emails and letters.
- Meeting with clients or senior managers.
- Reading business related documents.
- Attending external appointments with customers and so on.
6. “If
your neighbor gets up early, get up earlier.” – The Mafia Manager
7. “Choose
the time of day or night when your energies are highest and conduct business at
that time.” – The Mafia Manager
8. "If
you see a snake, just kill it. Don't appoint a committee on snakes." –
Henry Ross Perot
9. "The
rich invest in time, the poor invest in money." – Warren Buffett
10. “Effective
time management means making the most of every minute you work and making
certain that you have hours every day and days every week, weeks and weeks
every year when you do not have to work.” – The Mafia Manager
11. "It
has been my observation that most people get ahead during the time that others
waste." – Henry Ford
12. “The
best thing to invest in your business is your time. To schedule, plan and use
time effectively, know your turf and know your objectives. Assess the obstacles
and opportunities, then devise your strategies.” – The Mafia Manager
13. “To
everything, there is a season, and a time to every purpose under heaven. A time to plant and a time to harvest that;
which is planted. A time to break down and a time to build up” –
Ecclesiastes 3: 1-8
14. “The
law of forced efficiency states that there is never enough time to do
everything but there’s always enough time to do the most important thing.” –
Anonymous
In conclusion, successful entrepreneurs create more free
time for themselves by delegating most of their duties to reliable and trusted staff or professionals.
When you delegate, you create more free
time to attend to pressing business and family needs. Always remember
that:
"Time is your
greatest asset."
