Tag: Time Management (2 articles found) - Clear Search

Hey Business Owners, Do You Understand The Value of Time?

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“When the storm has passed, put your energy into rebuilding your life, don’t waste time looking back.” -Leon Brown

Entrepreneurship is the conversion of your knowledge, talents, guts, and time into money.

Time is valuable, although the value differs from person to person. And while I recently covered the best way to think about the value of your BUSINESS ... this calculation is actually a little easier.

But it takes a certain mindset.

You see, when most people place value on their time, they do so based on an eight-hour workday, which is not all that correct. It's hard to get eight productive hours out of each day.

One study involving Fortune 500 CEOs revealed that they achieved 28 productive minutes a day. Read More...


Optimizing Productive Time for You and Your Team

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"The best thing about the future is that it comes one day at a time." -Abraham Lincoln

Anybody can see there's a huge difference between activity and progress. But this is one of those topics that many of us *think* we have handled pretty well, when in reality, we might be fooling ourselves.

So, consider this: How much time do you (and your staff) waste in meetings?

A recent survey of Fortune 500 CEOs showed they averaged only 28 MINUTES of actual productive time during a day, primarily due to useless meetings.

You're probably doing considerably better than that in your small business because of less bureaucracy, but still ... eye-opening, yes?

So, I have three cautions for you -- and inherent to each of them, I believe, you'll see the kind of "opposite" behavior you need, to win the time-management game for business owners:

1) Unless you have an agenda and specific goal for every meeting, you're probably wasting your time. Which leaves even less time that day for you to concentrate on the really important things. Read More...