Ben Franklin said it first: “Time Is Money”
One of the biggest things that holds people back from making money online is poor time management skills. After all, the internet is a seductive place, and you can sit down at your desk with the intention of working for 3 hours, only to get sucked into one of your favorite forums or looking at “cute cute kitty videos” or something. (thanks for this blog post to Stan Stuchinsky)
Unfortunately, if you don’t have the ability to manage your time wisely, chances are you’ll never be productive online (which means, of course, no making big money, quitting your job, or working full-time in your underwear).
Time management is one skill you absolutely MUST master to be successful.
If you’ve tried to get your time under control before and failed, or if you’re just looking to get a head start on a productive lifestyle, then you’ll find some helpful tips below. (Just don’t spend too much time memorizing them…you’ve got work to do. LOL!)
Make A List
Establish a “quitting time” – a hard, fast, carved-in-stone quitting time after which you PROMISE yourself you’re not gonna go back 
online for ANY reason related to work.
Let’s say that you establish that time as 3:00 PM. About fifteen minutes before that time sit down in front of a pen and a yellow legal pad and make a numbered list of all the things you want to accomplish for the NEXT day. And never, EVER tell yourself, “Oh, yeah, I’ll remember to do THAT tomorrow; I don’t have to put it on my list.” Those are precisely the kinds of things you DO want on a written list because those are the things that are SO common sense that you either keep putting them off or you simply forget about ’em.
Be sure to put that yellow legal pad in a convenient place – out of the way, but in a conspicuous place – beside your computer. Making a “To-Do” list on a word file that you can file in cyberspace is merely an exercise in self-deception; unless you put that list in an OBVIOUS place where you’re going to mentally “trip” over it all day long, you’re wasting your time.
And take-your-time! Since this list is your Life’s Game-Plan for the next day, don’t just itemize what you MUST do; think about what you SHOULD do, what you COULD do, and what you’d LIKE to do.
Finally – and probably most importantly – cross off each item (even the minor ones) as you accomplish them. This is key to the whole process because it gives one a subconscious feeling of accomplishment.
“Managing your time without setting priorities is like shooting randomly and calling whatever you hit the target.”
The “Wurst Furst” Strategy
One of the failings we ALL share is the inborn need to put off unpleasant tasks as long as possible. In other words we have that all-too-human habit of…..
…..PROCRASTINATING!
But there is a simple fix for this; When you’re making out that To Do list at the end of the day, pick out that ONE task that is most distasteful – that one task that you’d rather walk over hot coals than perform – that one task that makes your blood run cold!
Now, the all-too-human method of handling this item is to put it off as long as possible, maybe even until it moves from being a mere annoyance to a major problem or catastrophe. But WE’RE gonna approach this just a little differently; you and I are going to do this “WORST, FIRST.” We are going to conquer that most repulsive task of all BEFORE ANY OTHER ITEM ON OUR LIST!
You will find that when you consistently do the worst-first that you will be able to approach those OTHER tasks on your list with a relief and focus that would have been impossible if you had left that distasteful task weigh on your mind all day long.
Obey “Posted Limits ” – It’s Important to Know When to Start, But It’s MORE Important to Know When to S-T-O-P!
There are a lot of theories out there about how best to budget your time. The most popular is the “80/20 rule,” which states that since 80% of your business comes from 20% of your activities, you should then focus 80% of your time on those activities.
Sounds great, right? Unfortunately, it’s really hard to stick to, and you’ll most likely find yourself going over budget on other things. And since any plan that’s hard to implement is essentially worthless, you need to find another tactic.
A great way to do this is to assign time limits to each activity, and hold yourself to them. If you give yourself 30 minutes to respond to emails, once that timer goes off, you’re done. No ifs, ands, or buts about it.
This will keep you on track with your day, and even better, having that sword hanging over your head really helps you focus on the task at hand. Chances are you’ll respond to more emails if you limit yourself to 30 minutes than you would if you gave yourself an entire afternoon.
Break It Down – “It’s Hard By the Yard, But a Cinch By the Inch”
In my opinion that old Nike marketing quote – “Just DO It!” – is the most crucial in the study of time management.
People fool themselves all the time into thinking that things are more important than they really are. Should that key word in your sentence be bolded or italicized? Better think about it…and next thing you 
know you’ve wasted a bunch of time on something that’s likely inconsequential.
A far better strategy is to learn how to make decisions quickly. In the above example, just go with whatever your gut tells you, or even whichever’s easier. You can always go back and test to see if one truly is better than the other. Chances are, though, you’ll find most decisions are relatively meaningless, and so just picking one at random is preferable to wasting time debating their merits.
I’m not saying make major decisions on the spur of the moment, without thought or planning. But how many major decisions do you really make in a day? I bet not many. There might be a lot that feel that way, but once you learn to just treat them like any other question, you’ll find that the decisions come easier…and that you get a lot more done each day.
The Wassell Strategy – “Done” Is Better Than “Perfect”
One of my worst traits is that I am a perfectionist!
The sad part about it is that I know it’s a bad habit, a terrible habit, in fact. For example, I know fellow marketers who can sit down and write a well-crafted, effective sales letter in 10 or 15 minutes. But me? I might labor over a promotional message for hours. It’s not unusual for me to use a thesaurus to analyze if one word is more descriptive, more powerful, more “potent” than another word in delivering my message.
Then one day a good friend of mine (by the name of John Wassell) pointed out the “error of my ways.”
In so many words he admonished me thus: “Understand, Stan, that there’s certainly nothing wrong with wanting to do a good job, a GREAT job even: the pursuit of excellenceis gratifying and healthy. But the pursuit of perfection is frustrating, neurotic, and a terrible waste of time.”
To this day, like a recovering alcoholic or drug addict, I still struggle to overcome MY “addiction” whenever I start another project, no matter how large or small. But in the final analysis, I have found that it IS far better to be “done than perfect”; the end results are the same, but now…..
…..I have much more time to look at cute kitty videos on the Internet!
In so many words he admonished me thus: “Understand, Stan, that there’s certainly nothing wrong with wanting to do a good job, a GREAT job even: the pursuit of excellenceis gratifying and healthy. But the pursuit of perfection is frustrating, neurotic, and a terrible waste of time.”
To this day, like a recovering alcoholic or drug addict, I still struggle to overcome MY “addiction” whenever I start another project, no matter how large or small. But in the final analysis, I have found that it IS far better to be “done than perfect”; the end results are the same, but now…..
…..I have much more time to look at cute kitty videos on the Internet!
Click here to see a copy of Stan’s Secrets of the Big Dogs.
*** Advertising ***
Using this one dollar strategy you can increase your subscribers and PayPal customer’s list.
Depending on your situation having your own space to work from is critical for your productivity and organization. It could be like this one tucked into a small corner in a room or using a large closet or clearing a corner in that overfilled garage. This gives you the psychological advantage of having an actual “place” to go where you do your work. It also gives you a space to keep all your tools for working online, including any hard copy files, and your computer. This saves on time and effort. If you are using the kitchen table once everyone is out of the house, you need to clear off the surface them got fetch all the items you need to get to work. This can be a big disincentive to actually getting to work. Without that workspace to go to each day, it can create a huge disincentive and create procrastination things you want to avoid if your time online is to be productive.
This falls under the category of discipline. If you are used to going to a job or still do, working from home can seem quite liberating, until you realize you’ve spent the whole day outside gardening, or baking, or shopping! That’s why you need to set a start time to be at your home office. Obviously, this could change from day to day. If you have a job outside the home and you have different start days, it would be beneficial to put a start time in your calendar to remind you what time you need to be at your home office. The more you treat working from home just like any other business or job the better your results are going to be. Make the time you spend at your home office realistic. Unrealistic plans can be counterproductive. When you first start doing this you might find it a bit of a juggling act. But stick to it. Even if you don’t always sit down when you plan to, be persistent in setting the time you will be at your desk. Failing to use this strategy can often lead to the loss of the vision you had when you decided working from home in your own business would be the answer to living a life of your dreams.
It’s best to set that scheduled time to be at your home office around a time when you are less likely to face family interruptions. But you also need to get an agreement with family members. Set some basic parameters or rules. If you plan to work for two hours each evening after dinner, then get the family to buy into that. Explain the reasons this time is important to you…and to them. See if you can’t get a voluntary agreement, rather than just laying down an authoritarian rule that has to be followed! Flexibility is a key here. But beware, flexibility can quickly become an excuse for not doing the important work of building your business dream online. First set the standard, be strict with yourself an family or you will never get this idea of your special time to sink in. Once the family understands how serious you are about respecting your hours in your home office, then you can allow yourself to be flexible in taking part in a spur of the moment family events.
Dreams need to be big, but goals are the opposite. They need to be small manageable steps you can accomplish within a comfortable time frame that move you closer to that big dream. The rule of thumb is never to focus on more than three goals each day. If you have limited time you might focus on accomplishing one step in an overall larger plan. However, you set goals for yourself, be sure to write them down. Writing down a goal is the first basic step in accomplishing it. Click here to see a great article
Working from home an be a dream come true. Using the strategies I’ve outlined above will definitely help you make the transition from working outside the home to working productively in your home office. However, the unexpected will happen no matter how prepared you are. Be willing to bend in the face of some unexpected circumstance. Adhering to a schedule when things have gotten out of hand isn’t good from your sanity. Sometimes it’s been to just go with the flow than try to resist. You’ll know when these events happened. Always be wary that you are not using events as excuses. But flexibility is a marketing skill that will serve you well over the long run.
