|Time Management Information|
Do You Put a Value on Your Time?
As a small business owner, does the following paragraph sound familiar to you??
"Other than doing the technical 'fix-its' with my computer?I do it all! I have found that this keeps me very limited in growing my business and taking on new clients. I wish I had someone to help but how can I justify hiring someone when I can do the work myself?when I have the time?"
This is a very common issue for many small business owners. All the work, whether revenue generating or not, needs to be done to keep the business running smoothly.
We need to reconnect with our goals for our business and our vision for its future. We need to focus on why we started this business in the first place. Focusing includes deciding how much our time is worth.
But, how do you put a value on your time? How much is each hour of each day worth, especially when you are doing projects that are not generating revenue or increasing your customer base?
Is your time worth $25, $50, $100 per hour?.or more? When you get busy doing those tasks that don't directly generate revenue, consider how much it is costing you.
You charge $75 per hour for your services/time. You spend a total of 5 hours trying to catch up on your correspondence?entering information into a database, typing and re-typing your letters and preparing them to be mailed.
$75/hr X 5 hours = $375.00 of your valuable time and profit
If it would cost you less to outsource, why not do it? Why not allow a professional to handle some of your tasks leaving you with more time to generate revenue?
$25/hr (sample cost to outsource) X 5 hours = $125.00
$375 - $125 = $250 + the $ of the contract you signed while a professional took care of the non-revenue generating tasks.
Although you are spending some of your hard earned money, you are gaining so much more. Outsourcing gives you professional assistance, which in turn saves you both time and money...the two things that most small business owners need more of.
About The Author
Janice Byer is a certified Master Virtual Assistant and owner of Docu-Type Administrative & Web Design Services (http://www.docutype.net). See this and other articles on her website; firstname.lastname@example.org
Advertising by textad.biz
Go Ahead, click an ad, you know you want to.
Where Do Your Priorities Fit?
An expert in time management was speaking to a group of business students when he decided to do an experiment. He pulled out a large mason jar, a dozen fist-sized rocks and carefully placed them, one by one, into the jar.
Career Redesign Tools For Work-Life Balance
Partnering with the University of Pennsylvania Law School and the Wharton School, Thirdpath Institute, a non-profit whose mission is "To assist individuals and families in finding new ways to redesign work to create time for family, community and other life priorities," held a 2-day conference in May, 2004 for lawyers, entitled "Having a Life: Creating Work-Life Balance in the Law." I was part of a small team of career and work-life professionals who facilitated small group breakout sessions that were held throughout the conference.
The Kaizen of Goal Setting
There is an old way of goal setting and a new way of goal setting! The old way of goal-setting involved setting yor goals, preparing a list of sub-goals, and then carefully checking them off one after another (as and when they were being accomplished). Am I trying o pour cold water on the goal setting method many of us grw up on? Not necessarilyWhile I am not saying the step-by-step approach does not work, I am advocating a flexible-goal setting approach.
Will Your Epilogue Be - I Got All My Emails Done?
Work life balance is the new Holy Grail; that search for nirvana; the need to find peace and contentment, the desire to achieve that fine sense of equilibrium that we can be happy with.For some people that means not working at all but, for many it means being happy with the amount of hours they spend at and think about work and are equally happy about their none working hours; whether that be time spent with family and friends or time spent participating in sports, music or other hobbies or indeed just relaxing doing nothing in particular except just being!However, the achievement of this perfect balance seems to escape so many people and I believe that's because the important things and I mean the truly important things, get overtaken by the urgent stuff! Of course important to you may be different than important to me, but I bet neither of us would wish the sum total of our lives to be an accumulation of the achievement of stuff, trivia and emails!So many people say that vacation time is important yet they rarely take a vacation; so many people say their health and "keeping fit" is really important to them yet they rarely do any exercise and eat on the run most of the time; so many people say its really important to plan their time effectively yet they fire fight from day to day.
How To Better Handle Your Mail
Letters, magazines, bills, flyers, what to do with them all. There should be only two responses to every piece of mail or e-mail, do something with it, or toss it! The best way, as always, to deal with it all is in an organized fashion.
Biggest Time Management Mistake
The biggest time management mistake you can ever make is forgetting your closest partner in life. The one who stays with you all the way from cradle to grave.
What does it mean to practice self care? It's creating a space and a healthy mind and body to support you in being the best you can be. If your space is filled with chaos, drama, disorganization, sadness and negativity then greatness cannot easily occur.
3 Ways To Do More With Less Time
We live in a world where more is expected of us every day.First there were fax machines, now email and cell phones.
Work at Home Moms: Time Management Tips
"How do you DO it?!" If I had a dime for every time I heard that, I would be able to quit my home business.Just kidding.
Time Management: How To Manage Your Time So Your Home Business Will Flourish
If you operate any kind of home business, you must have become familiar about the difficulty in managing your time effectively.Here are some time management insights to help you succeed in your home business.
Time Management And How It Affects Your Kids
Last week I attended a presentation from Parenting Expert and well-known author, Stephen Biddulph on "Raising Boys". As I have an 11 year old son, I was interested to hear what Stephen had to say.
How To Manage Your Time
I would like to touch upon a subject that it is not too often included as part of a home business course, tutorial, ebook or web site and I feel it is vital to the success of your home-based business.What am I talking about?I am talking about Time Management.
How You Can Double, Triple, or Even Quadruple Your Reading Speed!
Are you drowning in a sea of unread papers? Do you feel frustrated because you cannot keep up with your reading assignments? You may have wondered if you should take a speed-reading course. Or can you learn to improve your reading ability by yourself?The good news is that if you are committed and actually do the work, you can develop your own speed-reading program at home.
Focus on One Thing at a Time to Get the Job Done
All too often we can feel overwhelmed by the amount of work that we have to do and it is easy to get caught in the trap of trying to accomplish too many things at once and never completing any to your own satisfaction. Often there is a push to accomplish more and more, especially if you are focussed on your career and want to impress.
Time Management Tips - How to Have a Filing System That Works
Recently I was working with a new client who had invested hundreds of dollars for a records management organisation to set up a filing system for his business.The system looked impressive.
Low Tech Time Management
A simple kitchen gadget is transforming my life. I don't know why I never thought of it before.
Are you obsessed with getting everything just right? Do you do everything yourself because no one else can do it as well as you can? Do you believe that everything you do has to be absolutely perfect? Although striving for excellence is a good thing to do, demanding perfection in everything you do is not.Often, perfectionism is a way to delay taking action.
Talkin About Chicken
Yesterday, I'd just gotten comfortable at my favorite table in my neighborhood Starbucks when I noticed two 70-somethings seated at the table next to me. Although they sat mere inches from one another, they communicated as if they were standing on opposite ends of a dark mountain tunnel.
Discover Your Procrastination Personality
Determine Your Procrastination PersonalityBrook Noel is the author of The Change Your Life Challenge: A 70 Day Life Makeover Program for Women. Learn more at www.
Creating A Not-To-Do List
When I sit down with a client to work on prioritizing and delegating, the biggest challenge we face is deciding what kinds of activities and responsibilities to give up. Quite often, we get so entrenched in what we think we SHOULD be doing, that we forget to pay attention to what we ENJOY doing.
|home | site map|