3/29/2017

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Use Your Time Wisely

In business, time is money. It is easy to get distracted when you should be spending your time working to meet the goals you've established for your business.

Most people spend their time doing things that they either have to do such as going to work, picking the kids up from school, going to the doctor, shopping for groceries, and cleaning the house, or they spend their time doing things they enjoy doing, such as sleeping, watching television, going to the movies, playing golf, hanging out with friends or family, or going out to eat.

Aside from counting down the hours before they get off work, your really don't think too much about time. But for the business person, time is a valuable commodity. Most successful business men and women will tell you that their is not enough time in the day to complete projects, make sales, prospect for new clients, or to develop strategies for making more money.

When you are in business for yourself, whether it is a small business or a major corporation, everything you do is important to the overall health of your company, and how you spend your time will either make you more successful or keep you from making your goals.

If you are employed by someone else, your work schedule is usually defined for you and all you have to do is show up, punch a time clock, and do what you are paid to do. How you spend your time is laid out in the rules and regulations set up by your boss, or by company policy, and you follow a defined work schedule. You don't have to worry about how you are going to get paid because as long as you do what is expected of you, when payday comes, whether it's weekly, bi-weekly, or monthly, you will get paid.

On the other hand, if you own your business or if you are an independent contractor working for someone else, you have to set your own schedule. How you spend your time dictates how much money you will make and whether or not you will survive at what you are doing. In business, time is money.

The reason many small businesses, and some larger ones, struggle and ultimately fail is because the owners don't use their time wisely. They find other things to do instead of doing the tasks that will make them successful. They are undisciplined in the use of their time. Instead of working, they go fishing, play golf, go shopping, or stop at the local bar to have a drink.

When you don't have to punch a time clock, getting started requires a lot of self discipline. You have to force yourself to get up and get started every day. You can't decide to watch your favorite morning television show or clean your home when you know that work has to be done at the office or job site. This is especially true if you work out of your home. It is very easy to get sidetracked, and before you know it, most of the day has passed you by.

Using your time wisely can make you or break you when you are self employed. Take the time to plan your work day and you will see good results in your business. It will also make you feel good about yourself at the end of the day.

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