Time Management

Time management is the ultimate way of doing more with less time. It is also the ultimate way of making things happen instead of postponing things. Because when you have a clear deadline everyday where you are forced to do a certain thing in a certain time frame (or wait to the next day) you will do it more effectively. You will find ways of doing it. Otherwise you will lose.

And this working time frame each day is there for a reason. The reason is to tell you that when this time frame is over, the working day is over. And if you haven't reached the effectiveness and productivity in that time frame you will have lost one day of your life to bad time management. If you are working for someone else you have in most cases 8 hours of work. Then you go home and you don't work more hours that day. No for your employer anyhow.

When you are an entrepreneur you don't have those clear distinctions between work and play time. You have to set those time frames yourself. Otherwise you will certainly burn out. Sooner or later.

I work 3 hours and 20 minutes each day (Saturdays and Sundays included).

My schedule looks like this:

-2 hours 30 minutes - checking mail and writing mail.
-10 minutes - reading online businss news.
-1 hour - reading a book of my choosing.
-10 minutes - talking on the telephone (business only). This requires dicipline. I gotta tell you. I usually give delegations by telephone only. Updates is done by my COO or anyone else by email only.
-30 minutes - Reading/writing forum threads to keep up with other peoples ideas. Inspiration purpose.

In order to succeed with this kind of time management you need to use your creativity and your focus on getting things done in much, much less time. And you need to have a clear disticntion between work and play time. It is like when you start a company. You don't use your personal bank account as your companies account. You open up a separate account for the business. The same goes with your time.