Time Management Tips for Entrepreneurs

Time management is an essential skill for entrepreneurs because work plays such a big role in their lives. If you are an entrepreneur chances are your work is running your life. That’s why you have to make sure that you allot time on all things that matter to getime managementt where you want to be. The idea here is to learn some tips and tricks about time management. You have to make the most out of your every day to move ahead onto the ventures that you want to pursue.

If you want to learn more about  time management, here are some tips to get you started. Hopefully, after you have applied all these on your daily life, you will have time for most of your priorities as your business continue to grow and prosper.

The first thing that you may want to look at is your schedule. Is it so full that you can’t even imagine how are you going to manage and accomplish all things that you have included on the list? If this is the case, you have to re-arrange the schedule and make sure that you give space and time only on the most important tasks. You can always accommodate other things after you are done with your priorities.

Why are you in this kind of business? Is it for the money or is it to give in to your passion? If this is for the money, it might be more stressful because you feel like you have to perform well no matter what it takes to come up with the amount that you need to run the household. Even if you are pressured to earn more, you still have to make sure that you only commit to orders that you can come up with without going overboard.

Stay organized and keep your focus on your priorities. When your mind is clear and you are fit to work, you can become more productive and you will be able to meet the goals that you have set through time.

These time management tips aim to help you in succeeding with your business venture while  allowing you to spend time with other things aside from work.


Increase Sales with Your Time Management Practices

Want to increase sales? Analyzing your time management practices is a great  place to start. Time management practices are what you do and how you normally  manage your time. Research shows that effective time management practices are  one of the greatest contributors to high performance.

Time management practices reflects what you routinely say “yes” to as well as  what you say “no” to. It is these moments of decision that separate the higher  performers from the also rans. High performers are proactive because of the time  management they develop. They gain an unfair advantage over their competitors  because they attack the marketplace based on their personal strengths and  knowledge instead of reacting to the conditions set by others.

Because they are more strategic in their approach to their jobs, high  performing salespeople are able to keep focused on what’s important. They employ  clarity of purpose, consistent communication to the marketplace, commitment to  taking right action and the discipline to execute. These salespeople achieve  excellent results because they know:

  • Their clients and the pain they are experiencing.
  • How their product addresses the pain.
  • What message clients need to hear to make a decision.
  • How to move their clients from decision to implementation.
  • When they can’t win.

Because they have a clear and consistent strategy for approaching the  marketplace, they are able to focus on important and winnable sales  opportunities. They don’t get distracted by periodic “road kills” that  may litter the highway of a major sale. They also don’t get seduced by the  allure of landing the “big elephant” when their chances of winning are slim or  none.

The quickest way to zap your time and income is to spend $1,000 in selling  effort to land a $100 commission.

To make sure they are pursuing the right opportunities, they ask themselves:

  • Is there a fit between the client’s needs and my solution?
  • Can I win?
  • Is it worth pursuing?

By developing the discipline to ask these questions regularly, answer them  honestly and then acting on the answers, successful salespeople are able to say  “yes” to the right opportunities and “no” to the wrong ones.

One key time management practice is mentally planning the day before it  begins by visualizing what you need to do for the entire day. Research from a  variety of organizations determined that this practice is one of the most  distinguishable characteristics among high performance people. The techniques  used may vary from formulating a “to do list” just before going to bed, to  planning the day while showering. But, high performers develop the specific  discipline of mentally starting the day before the activities actually  begin.

Remember, if you don’t manage your time someone else will. Commit yourself  improving your time management practices and watch your sales increase

For a Free Assessment of your time management practices go to:http://www.philfaris.com/wp-content/uploads/2011/07/Time-Management-Practices-Assessment-Exercise_2.pdf

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