by W. Diane Van Zwol

Created on: May 24, 2008

Time Management For Entrepreneurs

Developing time management skills is crucial for entrepreneurs and the success of entrepreneurial projects, regardless of where they are heading!

*You, as an entrepreneur, are in control of your time whether you realize it or not! You have priorities, for example God, your spouse, your children, other family members or others. Maybe work is one of your major priorities. Perhaps it is a hobby of some kind. Take a moment and look at what your priorities are, in the light of what they could be, or should be. You can change your priorities, if you really desire to do so. Sometimes it is a really good idea to put your priorities in order.

*You have exactly the same amount of time as everyone else in the entire world. What you choose to do with it, or how you allocate your time, will be a crucial factor in determining the final results of your entrepreneurial project. It is a shock to suddenly realize that time is going to pass by, whether you choose to do something with it, or not. Time will steal away a lot faster than you realize. All of a sudden, you may have to ask yourself, "Where has all the time gone? What did I do with it? What do I have to show for it?"

*You, as an entrepreneur, can claim your time back. It is a valuable commodity and not intended to be wasted. Time is often said to equal dollars. Make a practice of stating "This is my time!" Claim it back and then use it wisely. Do not waste it!

*The proper allocation of your time is critical. How much time you are actually putting into your entrepreneurial project, may determine its ultimate success or failure. You can begin to budget your time right now, just like you budget your money. Learn to allocate a certain amount of time to accomplish one task and then do the same with other tasks.

*Look at how you spent your time today, in comparison with how you plan to spend it tomorrow or a week from tomorrow. Was your time used in a positive and constructive direction, or in a negative and destructive direction? Make changes in the future accordingly, if you deem that be necessary.

*Be realistic in terms of whether or not, you are a good judge of time. Do you tend to think in terms of minutes when doing something, or is it in terms of hours? Do those hours fly by, while you think that it is only a few minutes that have passed? Quite often conservation of time, results in conservation of energy too. When time flies by, it is in minutes, hours, days, weeks, months and years. Look

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