Lifestyle Entrepreneurs: Managing Time Numerous people make a huge mistake: they keep an action list without setting priorities. It contains entries about calling people, sending faxes, filing documents, 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 without proper priorities or categories may give you a temporary ‘kick’ when crossing off items, but it will not help you to reach your goals. The ‘mixed-bag’ of activities leads to a behavior pattern that focuses on either the tasks that are easy or on tasks which are urgent but not important.
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Lifestyle Entrepreneurs are very careful about their time. They know that working on their goals is the most important task to do, even if it means postponing visiting a friend. They are going to never allow tasks that are urgent to take control of 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 activities that should you do them, they will contribute to attaining your objectives in the longer run. For instance, working on your own long-term strategy will help you generate future income. Visualization and meditation of goals are also activities in this zone. Successful people spend nearly all of their time here. Production It includes everything that’s urgent and important. These are the activities you happen to be doing to generate income by with your business. Example: getting back at a prospect that has responded to your ad or website positively. Make sure, as this is usually the part where the money is generated, that part of your daily activities are in this category. If you are trained up and already set up, spend at least 40% to 60% of your time here. The Waste Zone It includes everything which is not urgent and not important. These are the social chatter as well as the fun stuff. Interestingly enough, this is where most people that aren’t getting any results spend plenty of their time. Their action lists are full of activities in this division. So be careful if you can afford it, and only spend time here if you can really afford it. A maximum of 10-percent of your time is my suggestion.