Why ‘Time Management’ is Essential in your Business

tmtools-skillsWhat is “good” Time Management and how do you master it?

Well, this is something that I have had personal experience with and had to overcome.

So I decided I would share the knowledge..

First,

Why is Time Management so important in your business?


Well, if you are a self-employed entrepreneuer like myself, this is literally the difference between success and failure.

Here’s the deal,

I worked the corporate lifestyle for almost 5 years before starting to create an income online and finally started working for myself.

But the thing is..

Once I started working for myself, and not having to work the ole’ 9-5 shifts, I actually felt like I had LESS time for my business..

Yes..LESS time.

…weird right?

I soon realized it was because I lacked proper time management skills, and had no idea how to efficiently use all this extra time that was now available.

I started sleeping in late, and spending most of my time “thinking” about what I needed to do, and not actually doing anything.

This became a problem, but thankfully, I became very aware of it, and began doing the research necessary to master this skill set.

I started researching other entrepreneurs to see what their secret to time management was.

I watched video after video, and read blog post after blog post trying to gather as much information as I could.

Finally I came across a video done by Vick Strizheus, who is a self-made millionaire online, and someone who I have looked up too in this industry for quite some time.

Now, after watching this video, I knew that this was going to work for me.

It was a combination of all the best ideas I had gathered over the past week trying to get myself back on track.

It is a surprisingly simple strategy that anyone can apply.

Here is a summary of how I plan out each day:

-          The night BEFORE, write out on paper (very important to write it out, not just think it) everything you would like to accomplish tomorrow in order of priority (most important first, to least important)

-          Now, write down an estimated time of how long everything you want to accomplish should take you right beside each task on the paper.

-          Read it over a couple times

-          Go to bed, with these thoughts marinating in your subconscious mind

I have only begun this process about a week ago, and so far I am absolutely blown away by its effectiveness.

I have already had to make adjustments to my “action list” that I write before bed.

When I first started doing this, I was shocked by how I was somehow, sub-consciously finishing these tasks within the time frame that I had suggested the night before.

Then I started to pay attention to the times throughout the day that I could improve on.

For example,

I was getting my morning tasks done within the estimated time, but the tasks that I didn’t write down on the paper (like taking a shower, and making lunch), were taking me way too long and killing my time effecieny.

So what did I do?time-management

On my nightly “action list”, I simply added:

Shower – 5 minutes

Prepare Lunch – 10 mins

Eat lunch – 10 mins

And once again, I somehow made this work.

I really don’t know how this works, all I do know is that it does, over 90% of the time.

Now..

Let’s hear some of YOUR thoughts on time management.

Do you suck at it? Have you mastered it? I want to hear from you in the comments below.

AND one more thing..

If you know a friend or anyone who lacks time management skills, please share this blog post with them!

Also, if you enjoyed this article, make sure you subscribe to my newsletter below for more great content like this.

Comments

  1. Nice piece. I found the same thing works for me. Giving my subconscious a list of goals to aim for is the greatest thing you can do to make everything happen.

    • jlatour

      Thank you! I agree. When I write the list out at night, all the goals marinate in my subconscious all night, and I wake up with a much better understanding of how I want to complete these takes. Thanks again for stopping by

  2. I know the importance of time management. I do wonder how to earn passive income. I wonder about the affiliate marketing. I’m still trying to figure out and need to find the time to watch those videos

    • jlatour

      Hey Tienny, thanks for stopping by! Shoot my an email at jordan.latour3@gmail.com I will send over a video that will explain to you in the best way, what affiliate marketing is and how to get started the right way. Cheers!

  3. Love this piece. TM is crucial to success (in any industry). Thanks for sharing!

    • jlatour

      Your very welcome, thanks for stopping by!

  4. Great insight. The problem is I feel I have an “on” switch and an “off” switch. Once I get in a routine I’m fine, but it’s hard to adjust especially if your schedule goes from frantic, high pressure to a more low pressure environment. My advice is, get up early! I probably get twice as much done in a day when I rise at an early hour than when I don’t.

  5. Great Post! Thanks for the advice in time management

  6. Thank you very much for following my blog. I believe you won’t be disappointed and you will keep coming and dropping your constructive comments. You have a great blog, and i must say that you are great. This post on time management is a lovely one. Thanks

    • Thanks for following Cooee digital marketing blog. This time management article could certainly helpful to my very busy schedule!

  7. lol! I totally suck at time management!
    I am glad I dropped by so I can put this method to the test, also, thank you for the follow :)

  8. Good advice! I also noticed that when I think of a time frame for something to get done – it works.

  9. Hey! Good post. I like your idea to write out your tasks and the time they should consume. I’m going to try it out, thanks!

  10. I’m just recently realizing how terrible I am with time management. I couldn’t have come across this at a better time. I’ll definitely be testing your idea starting tonight!

  11. I suck at time management. I mean supremely. But your article provides good advice, not only to the average working person but also to a high school student like me, so thanks!

  12. Time is money. Money never sleeps. Also, if you have time, check out my recent post with my investment strategy over the last couple of years. http://t.co/OOtCQJ9tr1 I would love some feedback and to hear an objective opinion.

  13. I found this very helpful even though I don’t have my own business. I’m going to school online and time management is not an easy concept for me. Thank you!

  14. Dan

    Great tips.
    you’d like a tool for managing your time and projects, you can use this web-application inspired by David Allen’s GTD:

    Gtdagenda .com

    You can use it to manage your goals, projects and tasks, set next actions and contexts, use checklists, and a calendar.
    Syncs with Evernote and Google Calendar, and also comes with mobile version, and Android and iPhone apps.

  15. Great advice! Time management is incredibly important; at work I am very efficient but at home/school I need improvement. You have inspired me to make it work, thank you!

  16. Time management is a huge problem for me… I often consider myself ‘time and date challenged’. I’m the type that gets engrossed in what I’m doing only, to find that way more time has passed than I expected.

    I’ll give this idea a try! Maybe it will work for me. :-)

  17. That’s how I do things too! I love it. It always keeps me on track. I even set a timer on my iphone so that I can stick to my schedule. What we do with our time is extremely valuable. We can’t ever get it back so best to make the most of it!

    • jlatour

      Completely agree! Time is our most valuable asset for sure. Cheers :)

  18. Awesome article! Pertinent for me because I’m a chronic procrastinator. I hope to follow the advice in this article this week :)

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