Posts Tagged ‘time’

TURNING TIME INTO MONEY

Time management systems may be simple or complex, but they all evolve around these three basic steps:
1.Decide What’s Important
If you’ve taken the time to create mission and vision statements, you have already completed this step. Your mission and vision statement tell you what’s most important.
Their purpose is to constantly remind you of the core value on which your business is built on. When you spent the bulk of your time doing work that is in line with those core values, you’ll find yourself turning time into money.
The most vital issue involves having a well-articulated mission and vision statement.
If you haven’t written mission and vision statement for your business, do it now.
Once you have a clear picture of how you plan to create value for your customers and where your business is heading for, you already have a strategy for turning time into money.
2.Set Goals and Priorities to do what’s important
Your next step is to put your strategies in motion. To do this, you need to set specific and achievable goals and priorities.
Without them, you’ll waste your time with activities that are irrelevant to your core values. But once you decide on the results you want to achieve, you know where to invest the bulk of your time and you’ll end up working effectively.
3.Develop Good Work Habits
Your final step is to achieve your goals with minimum investment of time and energy- in order words, to work efficiently.
In summary, good time management connotes:
·    Deciding what’s most important
·    Setting achievable goals and priorities to do what’s most important
·    Developing good work habits to do the most important things in the most efficient way.
When we religiously key in to these basic steps, the process of turning time into money will be guaranteed.