Benchmark Business Group

Time Management - Page 4

Time management is a critical aspect to all business owners and leaders.  It is the one resource you can't make more of and the one you need to protect the most.  One of our favorite quotes is Michael Gerber's quote which is "Time is another word for Life".   Owning a business is meant to add value to your life, which includes freeing up your time.  Below are a collection of articles on time management from our weekly Business Owner Insights.

Planning to have a life outside your business

Most people take this time of year to talk about resolutions and planning. You know, the weight you’re going to lose, the new business you will bring in, the weight you’re going to lose, upgrading your business facilities, the weight you’re going to lose, and so on. In the context of your business, planning is usually all about revenues and profits, staff, equipment needs, and even how you as the business owner are intending to use your time more efficiently.  What about you?  Aren’t you one of your business’ most important assets?  Isn’t it important to your business, let alone yourself and your family, to maintain your health and your sanity?  Did you not go into business in part to create more freedom and a more enjoyable life?  How is that working?

This is a not-so-subtle reminder to plan for your time off. Plan some short days. Make plans for a vacation later in the year. Take the time you need to put your work/life balance back in order. Encourage your staff to do the same and they will thank you for it.

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Real Time

We are born.  We die.  In between is Time.  And even though Time is what it is, we try to get our arms around it by measuring it…in seconds, minutes, hours, days, weeks, years.  But more importantly, we get to decide how to use it…every single one of us.  The Time that has gone by we will never see again (at least not in this lifetime).  We don’t know how much Time we have left.  We can no longer choose how to use the Time of yesterday…we already did that.  We don’t know if we’ll have a choice about the Time of tomorrow…hopefully each of us will.

The only Time we really know we have and can choose to use in a way that brings us joy and satisfaction is the Time happening NOW.  As a matter of fact, when you really think about it, the only Time that really matters is Real Time—the Time happening NOW.

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DECEMBER: NATIONAL PROCRASTINATION MONTH

The month of December is known for many things, most notably the Holidays, the official beginning of winter, and as a time for many celebrations and social gatherings. If you’re a business owner (and even if you’re not), you could probably categorize most of your December activities in the following two ways: (1) completing tasks and goals by year-end that have piled up from earlier months due to procrastination, and (2) creating that ever-increasing list of intentions to do or start things that can wait until after the first of the year but you always have and certainly do intend to do them and know you should do them but simply haven’t gotten around to them in spite of the fact that your life would be a whole lot easier, healthier, more efficient, more successful had you simply done it but procrastinated instead. (I’ll punctuate that sentence later, when I have more time.)

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