time managementTime management in reality is activity management. How you manage your activities makes all the difference.

Only 20% of what you do will produce 80% of your results. I’m talking about Pareto’s 80-20 Rule… which goes against traditional time management methods.

The 80-20 Rule or Pareto’s Principle was discover by Italian economist Vilfredo Pareto. He noticed a natural imbalance that greatly effect everything in this world… your life… your business… everyday.

He noted that 20% of the worlds population enjoyed 80% of the wealth but soon discovered this law of nature appears everywhere.

Just think…. only 20% of what you do produces your desired results… the other 80%… may not count for much… waste of your time and efforts.

A Simple Time Management Strategy

Time management is simply the process of identifying and concentrating on activities that are important to you, and identifying and eliminating activities that can be dropped.

Traditional Time Management focuses on cramming and adding stuff into your day. It feeds the employee mentality need to always appear busy working hard at one’s ‘real’ job. Not a good idea for the solopreneur.

When a business experiences success, the owner starting drowning in the Multiplicity of Stuff Syndrome. The solopreneur really feels the effects of this syndrome. Not only are they the CEO (chief executive officer) of their business… they are also Chief Everything Officer.

They spend more and more of their time on that 80% that isn’t producing results or profits.

no brainerAdding the Blonde Factor to This Simple Time Management Strategy

Divide All Your Activities Into Four

  1. high-profit activities
  2. high-reward activities
  3. low/no profit activities
  4. low/no reward activities

20% of your time devote to the high profit/high reward activities - Working ON your business

80% of your time devote to the low-no profit/low-no reward activities - Working in your business

Following this strategy enables you to continue growing your business profits while dealing with day to day stuff of running your business.

The Time Diva The Time Diva

Ann Rusnak - The Time Diva
Entrepreneur Time Strategist

Ann Rusnak, guides frazzles, frustrated solopreneurs to gain more control and confidence. Discover how you too can get control over the clock with her free tips and strategies at http://www.Just15Minutes.com

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