You often hear people say that time is like money or that time is money and the reason for this is that you can save time, spend time or waste time the same as you can do with money. But the truth of the matter is that time is not like money at all. The saying that you can save time might be true in some ways, but you cannot take time to the bank and save it for a rainy day. Once it is gone, it is gone forever never to return. So if you think about it carefully time is definitely more precious than money.
From this perspective it is certainly sensible to use your time wisely and to spend some of it in learning techniques that will help you to make the best possible use of the time that you have. This is of prime importance if you are running your own business, especially an internet based business as there are just so many different tasks that require your attention and an enormous amount of distractions to take your mind off your priorities. This is a definite time waster.
These are the three main time management areas that you as an internet based business owner will need to focus on:
1. Mission statements and setting of goals.
A mission statement will help to clarify for you the vision and values that you have for your business and is your main reason for wanting to be in a business in the first place. It will be your constant reminder or your WHY. In other words what you want to achieve from your business.
Once you know what your reason is, and why it is what it is, you will then find it quite simple to set the necessary goals to achieve your desires. Make each goal a milestone and set clear time lines for when you would like to reach each one. Review your goals daily as this will help to keep you focused on what you intend achieving.
2. To do lists:
A to do list like a set of goals will help you focus on your aims and works as a memory jogger so that the important tasks are not forgotten. It also helps you to prioritize the tasks in order of importance. Each completed task gets crossed off the list and you then move on to the next one. Do them in order of importance. By doing the most important ones first you will then have time to focus on what you do enjoy the most.
At the end of each day review your to do list and set up your list for the next day. Any tasks not completed must be carried forward to the next day. Divide your tasks in to groups such as (a) important and urgent (b) important but not urgent etc. Any tasks that are neither important nor urgent are usually not necessary so decide whether it is a task and not just a distraction. If it is a distraction, then drop it altogether.
Not everyone can do every task well. By trying to do it all yourself you will end up just wasting time. Rather focus on the things that you do well and delegate the other tasks. Delegation is imperative if you wish to effectively leverage your time and is an essential part of time-management.
When planning your internet business, consider which tasks would serve you better by being outsourced, so that you could be more productive on the tasks which you are more adept at and can do better than others.
By developing good time-management habits you will be more effective in your internet based business and will make money much faster and will achieve the goals you have set for yourself.