Friday, October 3, 2008

Part 1 of 4: Time Management for Entrepreneurs and Network Marketers


Hey, everyone, sorry for the absense. I really had to get some things straight and get a firm direction for this blog, which I have now. Thanks for tuning in. This blog will be about time management techniques that I use in my Network Marketing business, but can also be applied to any entrepreneur.

"I don't have time" is the most common excuse to quit for people starting a home business. They let everything in their lives get in their way. From family and friends, their job, other social activities, etc. The old adage that says, "if something is a priority to you, you will make time for it" is very true for any aspect of your life. My question to you is, if you don't make time to invest in something that has the potential to change your lifestyle and your family's lifestyle, how bad do you really want it? How much do you really love your family if you're not willing to do whatever it takes to end their suffering? Being prosperous isn't just a choice, it's the responsibility we have to our community. No excuse is great enough to trump that. Not even "time".

When I was going through a very troubling period in my life, I was placed under enormous pressure to get things done. I had a goal in sight and quitting was not an option. Once I knew I would achieve my goal, no excuse in the book could stand up to me and my determination. Read those few sentences again until you absorb the mental process. It was then that I realized Time is and Illusion. It's not real and massive. It's something that's fluid and moves. I could elongate or crunch time at will. When have you experienced "time flying by" or "time standing still". It's a matter of perception in our minds. Our perception is a reflection of what we focus on. So if we change our focus, we change our perception, and we change how we experience time. This revelation was a game changer for me and I use it everyday now. I realized that one of the biggest things that seperates those who are successful and those who aren't are their time management skills. So let me reveal to you some time management techinques.

One time management techinque I want to point out that will help sharpen your focus, is called the 60/60/30 rule. It's what I use in my everyday life when I really want to get a lot done in a short amount of time. It calls for 50 mins of focus, 10 mins of relaxation, 50 mins of focus, 10 mins of relaxation and then 30 mins of relaxation, then start over again. During those 50 mins, you need to turn off all distractions. No phones, kids, spouse, tv, etc. Hone in on your goal for that 50 mins and just get it done. Point, Blank, Period.

The second time management technique I want to share with you is a version of the 80/20 rule. This says you focus on the 20% of your business that's producing 80% of the results. From the people in your downline that are actually working or the advertising method that produces the most leads. Don't get caught up in doing 5 things when only 2 things work. Test all 5. See which ones produce the most results. Throw out the ones that don't. Test some more. Keep doing this until you master 2 or 3 that produce the most results for you. It'll become second nature to you by then.

The problem that most employees have when they come into the entrepreneur world is that, they are so used to someone else telling them where to go, what to do, and where to spend their time, that they don't have the discipline to get it done on their own. I know it's hard to reprogram yourself from all those years of living by the bell, but if you truly want to transform your life, it's a decision you will have to make. Make that decision that nothing will stop you. Not even time. Then learn some time management techniques to help you cope with the struggle.

For more time management techniques and more training on how to move from the employee to the entrepreneur and be a better network marketer, pick up my free ebook, Lambs to Lions. It the step by step blueprint for changing your mental framework to that of a true entrepreneur so you can really start to see changes in your business. That's it for this blog. Stay tuned for Parts 2 - 4 in the coming days. Have a Great day, because you Deserve it!


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