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Thursday, April 10, 2008

For Home Business Entrepreneurs - Top Ten Time Management Tips

 

Time is of the essence; time is money; so much to do-so little time. Time is a common theme among old adages and for good reason. What you do with your time determines everything you are and everything you have. Being a good master of your time as a home business entrepreneur is one of the best ways to ensure your success. With that in mind, the following list of the top ten time management tips for home business entrepreneurs is the key to your fortune.

1. Devise a plan. "Failure to plan is planning to fail", as they say. Both a weekly and daily schedule are vital. You should have a general plan of basic tasks that need to be completed regularly as well as more specific jobs. Taking a few minutes at the end of each day to plan the next day's activities will save a lot of downtime and greatly increase your productivity.

2. Prioritize your activities. It is all too easy to become busy working on insignificant (but often necessary) tasks and get to the end of the day without really accomplishing anything. Make a habit of completing the most critical tasks first and everything else will fall into place.

3. Find a use for otherwise lost minutes. Keep basic items such as your cell phone, a notebook and pen with you wherever you go. You will be able to take notes while in waiting rooms or other downtimes. This will also help you be prepared to write down ideas as the inspiration strikes you.

4. The early bird catches the worm. Getting up a little earlier will allow you some peaceful time to work before the rest of the family arises. Waking before everyone else will also allow you to collect your thoughts and feel more at ease while helping the rest of the family off to school and/or work.

5. Take time to rejuvenate. Regular breaks will help you regain your focus. You should get away from your desk and focus your mind on something else entirely for the duration of your break.

6. Keep your focus. Don't let life's distractions keep you from completing the things you have scheduled for your home business for the day. There will always be dishes and laundry to do, but putting off your home business activities will cause you to delay or prevent your success.

7. Create balance. Focusing all your energies on one aspect of your life will put all the other areas out of balance. This will ultimately hamper your success even if it brings temporary rewards.

8. Get rid of clutter. They say "cluttered desk is a sign of a cluttered mind" and while this may not be entirely true, a cluttered office and/or desk will result in a lot of wasted time and energy. A clean, organized office space will actually encourage your creativity and give you access to the tools and space you need to accomplish whatever tasks come your way.

9. Don't devalue your time. We often try to save money at the expense of our time and energy. Be careful not to make this mistake. The few dollars you save by doing everything yourself is not always worth it. Save money when it counts, but not at the expense of your time.

10. Keep your family and business separate. The danger of the multi-tasking myth is that you are never completely focused on any one thing and therefore you never achieve your full potential in any area. When it is your scheduled work time, focus your complete attention on work. When it is family time, unplug the business phone and give your family 100% of your attention.

These time management tips will help you achieve more in the same amount of time. You might want to take an inventory of how you are doing in each of these areas and make a commitment to improve in one area at a time.

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