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 at the conclusion of the day, all the activities are done and people feel good. There is nothing wrong with keeping track of progress and activities but you’ll not be able to achieve the successes over time if this is done outside the scope of your personal goals. What is wrong here? Any action list without categories or proper priorities may offer you a temporary feeling of accomplishment when crossing items off, but it will not help you to attain 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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When it comes to time, lifestyle Entrepreneurs are very careful. They know that working on their goals is the most important task even if it means cancelling a visit to some pal. They’ll never allow urgent tasks to take control over 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 important but not so urgent. These are the things that in the event you do them, they will contribute in the longer run to reaching your objectives. As an example, working regularly on your 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 is certainly very urgent and important. Typically, these are the activities you happen to be doing to generate income with your business. Example: getting back at a prospective customer who has responded well to your ad or website. Make certain that part of your daily activities fall in this division, as this is where the money is generated. 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 include social chatter and the fun stuff. Interestingly enough, this is where most people that aren’t getting any results spend the majority of the time. Their action lists are full of activities in this category. So be careful if you can afford it, and only spend time here if you can really afford it. I suggest maximum 10 percent of your time.