Posted on August 05 2020
Time Mastery is a challenge for every person in business. This is one area where you must pay attention and learn how to improve.
How you spend your time in your business will have a significant influence on how successful you are as a business owner. Others will look to you to see how you spend your time and judge from that, what is truly important to you.
I can assure you that if your team sees you spending time behind your computer, they will know that that is important to the business. If they see you spending time with your customers, they will know that is important to you and to the business. You set the tone for your team based on how you spend your time.
You can easily categorize the time spent in your day into one of four categories: Not Urgent and Not Important, Urgent and Not Important, Urgent and Important, and lastly, Not Urgent but Important. These may sound like strange definitions, so let me restate them into categories that may sound more familiar. These could be called Distractions, Delusions, Demands and lastly Strategic.
Things like email and surfing the web are often Not Urgent and Not Important – or Distractions. It is critical to avoid spending much time on these activities during the day.
Many phone calls and walk-in requests fall into the category of Urgent and Not Important. They come to you because someone else did not do what they were supposed to or because there is no process in place to handle the situation.
Many customer calls or production issues are Urgent and Important. They must be handled to satisfy a customer or keep the operation moving, but they suck time from you largely because there was no system in place to make sure the issue was handled well the first time.
Does any of this sound familiar to you?
The biggest challenge for you, as a business owner, is to spend as much time as possible on those issues in your business that are Not Urgent but Important. These are the Strategic decisions that will determine where you take your business. They are not Urgent, so they oftentimes get pushed back in the priority stack – and many times just get forgotten. As the business owner, it is your job to focus your TIME on these areas of your business. If you do not, who will?
So you ask, “How do I make time to focus on the Not Urgent but Important?”
One practical idea is to bake it into your schedule. I call it using a Default Calendar. That is blocking the time on your calendar for those critical tasks you must do even though there is not an emergency driving them. When you put the BIG, CRITICAL items into your calendar first, you will always find time to fit in the other, smaller items.
And, related to this thought, when you put the big items into your calendar, FOCUS ON THEM! Resist the urge to blow right past them and put them off. Discipline yourself to focus first on the Strategic and them the operational and execution-oriented activities will flow more naturally.
How you spend your time will determine your ultimate level of success. You need to be doing the $200 per hour jobs while you are having someone else do the $10 per hour jobs.
Don’t get stuck spending your time doing things you could easily pay someone else to do.
A message from Brad:
Hey there, I hope these blogs, along with my webinars and video series have helped guide you through your entrepreneurial journey thus far.
If you enjoyed this blog on Time Mastery, then I’d encourage you to watch this FREE training module from my video training program I call, 30X Business.
30X Business is my 30-day training program where I share the most hard-won business principles that I’ve personally developed, measured, and tested in my 30 years of experience building multiple 7-figure businesses and advising thousands of business owners.
For a LIMITED time and as a preview into what’s inside the program, the 9 Keys to Systems module will be available for you to view.
In this free module, I walk you through the exact 9-point framework to creating systems and SOP’s that'll allow you to manage and grow your business efficiently without you in it.
Once you've finished this module, you can click HERE, where you’ll be able to get lifetime access to the full program.
Your business is the true backbone of the economy and I want to do everything to help you survive and thrive through this time. I hope you find this helpful.