The lack of time to do all the things you need and want to do is the #1 complaint of family business leaders. To add further complexity to this issue – as if you needed more complications in your life – the boundary between professional and personal responsibilities has virtually disappeared.
Saying “I don’t have enough time” does nothing to point you in the right direction. Listen to our blog this week as Wayne shares 6 quick tips to manage your time and get the most out of your 24 hours for the benefit of yourself, your business, and your family.
We look forward to hearing your thoughts and comments.
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Wayne,
Once again, you hit it out of the park. Control of one’s calendar is truly the foundation to happiness. I learned long ago that entrepreneurs simply don’t have work/life balance, but work/life integration. There’s little hope of “turning it off” unless you manage your calendar with discipline. Like you, I calendar everything.
For the past decade, I’ve not made or accepted many calls or meetings that are not calendared. I’ve trained my clients to that understanding. I rarely get phone calls to my cell phone and rarely answer them when they do occur, unless it’s a family member. Managing interruptions, especially for someone with ADD, is mission critical and an important stress reducer.
Retaining an assistant to schedule all calls and meetings is one of the best investments that I’ve made. Further, we actually schedule prep time before meetings and calls, so that I’m prepared for the interaction. The result, because I’m not playing telephone tag and am prepared, is that my calls and meetings are shorter and more productive. And I make it a game to finish a 30 minute meeting in 15.
One thing that I’ve also tried to do is communicate to my team the value of a minute. In our organization, each organizational minute is worth about $16.00. Each employee minute is worth about $.75. When you can cut 10 minutes out of a meeting involving 6 people, you’ve just invested $45 in something more productive. Time really is money!
Thanks, as always, for your insight.
Love this. Spot on
Thank you, Andrew! Glad you liked it.
Excellent message and also a needed reminder of how much of our time is wasted or misguided
Now I have to apply discipline to break these habits.