Thursday, September 17, 2009

Are You Busy or Productive?

Ever have days when you seemed to be busy all day long, but at the end of the day you did not have much to show for the time? There is a distinct difference between activity and accomplishment. Do you relate to that feeling? Me too.

My solution revolves around time management. Each evening I write my “to do” list for the next day. Back in my property management days, it meant looking at not only new items to be accomplished but reviewing the completed work orders to determine what had been completed. Frequently it also involved a site visit to personally inspect the work performed. With a home based business, the buck stops right here at my own desk.

I am responsible for the action items placed on the schedule and I am responsible for the follow through to be certain they are completed. Anyone who has ever owned a small business understands this very well. Owning a home based business generally means one person, or perhaps a couple in the case of a partnership or marriage, shoulders all of the responsibility. In this case, “if it is to be, it is up to me” has absolute significance.

Scheduling time slots for specific tasks and committing to a complete and focused performance of that specific activity and only that activity during that time slot is imperative. Avoid answering personal emails or personal phone calls or any other distraction. If you have to lock your office door and seclude yourself, then do it.

Schedule specific times for the five things every successful entrepreneur does every day.
1. Meditate and visualize your goals in absolute detail using all 5 senses. Be certain your goals are SMART (specific, measurable, attainable, relevant, and timely)
2. Income producing activity – lead generation, conversations with potential business partners and follow up conversations.
3. Personal development – personal development always precedes financial results
4. Mastermind with other leaders who have the same forward-thinking goals and mindset for success
5. Cultivate the expectation of leadership. BE the leader, DO what the leaders do, and you will HAVE what the leaders have.

These rules apply whether you have a home based business, a small business, or a franchise. These principles apply regardless of the industry.

Schedule your time in 30 to 60 minute blocks depending on the task. Plan ahead so that you know you can and will adhere to the schedule.

Time management insures that your time will be more productive rather than just busy. If it helps, you can set a kitchen timer or the alarm on your watch or the timer on your phone.

No one wants to face themselves in the mirror night after night and admit that nothing was actually accomplished that day. A day is a precious commodity, don’t waste it.

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