Bonus Blog - In Depth 80/20 Time

Hey, as promised, I'm back with my in depth 80/20 Time blog. In summary, 80/20 time states that in business, 20% of your effort and time produces 80% of the results in your business. This ratio isn't exact, but is a good estimation of most areas in your life. I spoke earlier about how to identify this time and utilize it. Now, I will go into more depth with some techniques you can use to get started right away.

You'll have to get very lean with your time and what you do. You can start by:

1. Cutting the time you check your email a day to 30 mins to an hour - Identify your most common emails from customers and outsource this to an employee or downline. Express to them that you only want to deal with the most urgent or uncommon emails. Or the big money makers. Routine orders should'nt take up a lot of your time.

2. Let your phone go to voice message more often - If it's important, they'll leave a message. This will allow you flexibility and give you control of when you will have your phone time. Let your organization and customers know that you will only be available for a given window each day to speak on the phone. Have team conference calls once a week to answer to clear up FAQ's or disseminate knowlege.

3. Schedule all your follow ups with customers to an hour per week on a given day - Make them work to your schedule, not the other way around. You only want to spend your time on reoccuring customers and not the occasional penny throwers. If they are a valued customer, they'll recognize your value and do what you ask to recieve your services, so don't be afraid.

4. Start a 30 day media fast - I've been a media fast for several months, and I'm still current with today's important news, while not being inundated with negative imagery all day. This media fast will free up your time to explore other things. I know major conditions about my industry by reading websites (on my own time) without having to know what Beyonce wore to the Grammys.

This type of time mastery is uncommon, but is well worth it as it frees up so much of your time to enjoy the finer things in life. When you take control of your life and your time and start being the cause instead of living at the effect, a whole new world of freedom and possibility will open up for you. I hope these tips were helpful. Until next time, Have a Great Day, because you Deserve it!

Mitchell Graves
http://www.lambstolionsbook.com

The Man in the Mirror

Have you ever looked into the mirror and been disgusted by what you saw? I don't mean the mirror in your bathroom, I mean the mirror of your life. You may not be leading the live you'd hope to lead or dreamed to lead. You may not have the job you would like to have, or making as much money as you'd like to have, or have as much time as you'd like to have.

So what did you do? You tried to learn tips and tricks to make more money. Find another business op, or get another job. You tried to apply time management tricks to free up your time. You blamed your boss for your lack of a raise or the economy for the sudden crunch in your business. In essence, you try to draw on the mirror to fix the reflection. No matter how much you draw on the mirror, the reflection won't change. To change the reflection, you must change the man in the mirror. You must change yourself.

This is what so many people do and it is what seperates those in life that create they life of their dreams, versus those that just settle. Which are you? If you are the latter, it's time to wake up and stop drawing on the mirror. Take responsibility for your life and stop blaming others.

The secret to success in your business is and always will be YOURSELF. By working on yourself, you will in turn see a surge in your business you never thought possible. This is why any serious entrepreneur spends time everyday on personal development.

The blueprint for that mental transformation and the key to changing your reflection starts at http://www.lambstolionsbook.com/ You can get a free copy of my personal development book for entrepreneurs, filled with cutting edge techniques to transform you into the entrepreneur you want to be.

You will also get my Lambs to Lions newsletter that goes more in depth on the mental transformation through personal development that needs to take place. I look forward to hearing from you soon. Have a Great Day, because you Deserve it!

Mitchell Graves

http://www.lambstolionsbook.com/

Time Management for Entrepreneurs Part 4 - 80/20 Time

A major problem most home business entrepreneurs face is wasting too much time on the things that don't really matter. The 80/20 Rule states that 20% of our activity produces 80% of our results.

What part of your business produces 80%of your cashflow? It's the actual business transaction and not setting up or maintaining your funnel. These things have to be done, but you don't have to spend as much time on them as you think you do.

The concept of 80/20 time says you only spend time on things that produce the result for you. Everything else should be outsourced as you get larger. I've come up with a formula to do this.

1. Identify your goals with your time

2. Identify the income producing activity

3. Identify the "must-dos" to keep your business running

4. Find ways to outsource or automate the "must-dos"

5. Put these ideas into action

This strategy will drastically increase your avaialable time which will leave you in the posistion to meet your identified goal in step 1. When you are spending less time on things that don't make you money, and more time on things that actually do, your profits will increase. As I stated before, this stems from having the proper mindset.

You can learn how to shift your mindset to that of a TRUE entrepreneur at http://www.lambstolionsbook.com/ There you can download my free ebook called Lambs to Lions.

Ok, that's it for this Time Management series. Be sure to read my other blogs in the series for more time management techniques. Have a Great Day, because you Deserve it!

Mitchell Graves

http://www.lambstolionsbook.com/

P.S. I will write another blog on 80/20 Time showing some more in depth strategies I employ. So be sure to stay tuned!

Time Management for Entrepreneurs - Effective Scheduling

Today's blog is on effective scheduling and how to do it. It's absolutely vital to the health of your business. A man that fails to plan, plans to fail. Getting your schedule done properly can mean the difference between making money that day or losing money that day. True entrepreneurs know this and are able to schedule their tasks effectively.

Effective scheduling is done in 5 steps.
1. Identify how much time you have
2. Block out the necessities such as work or commute
3. Schedule in your high priority and urgent tasks
4. Make sure you have contingency or slack time
5. Schedule in time to meet your business or personal goals

If you reach step 5 and you don't have a lot of time left, go back through your day and see what you can delegate, or cut time down on. The point is to get your time very lean so that you know exactly where you are going next and how long it should take.

I've personally seen my productivity shoot through the roof when I implemented this versus just having a task list for the day. The entrepreneurs that get results are the ones that run their business like a business, and what business do you know that doesn't have a daily agenda?

Stay tuned for more in depth training on the 80/20 rule and how it applies to your business so you can become a leverage master!

Learn more about becoming the proper entrepreneur and shifting your mindset to one of Donald Trump by going to http://www.lambstolionsbook.com/ to download your free entrepreneur mindset ebook as well as my Lambs to Lions Newsletter.

Have a Great Day, because you Deserve it!

Mitchell Graves
http://www.lambstolionsbook.com/