Monday, October 17, 2011

The Time Factor

I am a wife, a mother, a step mother, a daughter, a sister, a sister in law, a Friend, an ex-wife, a Volunteer, a Prayer Warrior and a business partner. These are just a few of the things I am. If you really think about it, we are all variances of these things. So how do we think we could ever balance it all and reach our business goals at the same time?
The one big question that you need to ask yourself is “Why am I doing this business?” The second question is “What am I willing to give up? I am not talking about giving up who you are, I’m talking about the peripheral things around all the things that you are. Does that make sense? The following may help you to see what I am saying…
The television would be a peripheral thing. How much time could you free up if you managed your time in front of it? You have heard of TiVo - right?

How about your social life — A few less lunches or coffee hours with the girls, or one less class at the health club? Sports, whether you attend them or do them, what could you sacrifice there even for a time? 

Has volunteering become your excuse for not getting to your business? On the other hand, an association with something like golf or tennis can lend tremendously to your business because of the relationships you can build. Volunteering does have its place, we should give back and lend a hand. Everyone appreciates a giver so in turn it can build credibility and lifelong friendships. It all depends on how you manage it.

My husband is someone who amazes me. He runs a multitude of businesses, he sits on various boards, he invests in new ventures, he donates his time to worthy causes, he is an avid golfer, he travels endlessly and he is the family Patriarch. How does he balance it all?

He “delegates” and he relentlessly manages his time. He trusts people to do the job they are assigned to do. If they don’t do their job, they are done. Easy as that! He has a reputation as be tough minded, but he is really just able to cut to the chase real fast so save everyone time and money. 

He is in traditional business, however the same principles apply in our industry.

He says it comes down to the character of a person. You can go through a list of disappointments but eventually you get good at finding the right people. If they have the right stuff and you let them know you believe in them, they will work hard to achieve their goals and won’t let you down - let alone themselves.

We all can learn from this and apply the principle to our own business. In my next entry I will share how to prepare yourself and those around you to accept your commitment to your goals. 

Trust me, when you start to focus on your business, it will affect those around you. I will then show you how to calendar successfully so to create the balance you are going to need to succeed.


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