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Time Management


Isn't it amazing that some people can produce huge results in the same 24 hours that we all have? Whether or not we realize it, we victimize ourselves by not appropriately deciding what to do with our time. Instead, we let our time decide what to do with us!

Time is a commodity, and no matter who we are, we experience many demands on this precious commodity. The most critical step - once a course of action is decided - is to create a to-do list. Too often, people stop at this point and don't recognize the next, critical step. In his bestseller How to Get Control of Your Time and Your Life, Alan Lakein says it is imperative to finish the list by setting priorities; the list isn't complete until priorities have been established.

One of the important reasons for the prioritized list - other than sanity of course - has to do with a neat maxim called the Pareto Principle. Essentially, the Pareto Principal states that roughly 80% of all generated results come from approximately 20% of generative activities. This is valid in both macro and micro environments: most religious leaders say that 80% of their tithes come from 20% of church attendees; many sales managers realize that 80% of their sales come from the top 20% of their salesmen. In business or life in general, 80% of the results achieved are generated by 20% of the activities. Whatever When we examine our to-do lists, we should prioritize our list beginning with the the top 20% activities.

Top time management trainers and writers recommend the ABC system of prioritizing. Thus, A activities are Vital - activities that must be carried out at all costs. These are the "top 20%" activities. Very often, these are items that are least easy to do because they are not apparently urgent! B items are Important. While these are often more urgent than the A activities, they are, in reality not of vital importance. Finally, C activities are Trivial and may represent 80% of all the things which we find ourselves doing. In an odd inversion or proportion, A activities are more vital, while C activities are more urgent. People that are ineffective with their time end up spending a lot of time on C activities. In the whole scope of activities and accomplishments, the A activities are valuable, rewarding and help one move toward established goals. C activities have the great effect of making one weary. Don't confuse activity with accomplishment! Franklin Time Management Founder, Hyrum Smith, states that "urgencies act on priorities but they are not priorities." To create large results and progress in life, and business, focus on priorities.

We must closely examine our top 20% activities. What activities must we engage in to create the desired results? Now, let's figure out how we can spend 80% of our time on those activities. This powerful discipline has been mastered by people who are producing powerful results in their lives and businesses. We too can learn to master it and master our lives!

Eric Johnson is a regular contributor to the Investor's Value View newsletter. To learn how to send comments to Mr. Johnson or to subscribe to the Investor's Value View newsletter, visit http://www.valueview.net


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Time Management - Google News

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Prevailing over procrastination - Harvard School of Engineering and Applied Sciences


Harvard School of Engineering and Applied Sciences

Prevailing over procrastination
Harvard School of Engineering and Applied Sciences
Time 2 is the second version of an app Singh developed while in high school. “It came out of necessity because I never could stay focused on homework for a long time,” Singh said. “But if I had something pressuring me to get my work done, even just a ...

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Entry 26: One Fight at a Time - War on the Rocks


War on the Rocks

Entry 26: One Fight at a Time
War on the Rocks
There's obviously a good bit of overlap in these two, but they're happening on different time horizons and at different levels of abstraction. The Korea crisis is very much in the present and existential, while the disruptions to U.S. foreign policy ...

Morgan Stanley Wealth-Management Fees Climb to All-Time High - Bloomberg


Bloomberg

Morgan Stanley Wealth-Management Fees Climb to All- Time High
Bloomberg
Fourth-quarter wealth- management revenue climbed 10 percent to $4.41 billion, exceeding the $4.22 billion estimate of Jason Goldberg, an analyst at Barclays Plc. Pretax profit in the unit set a record for the fourth straight quarter. Morgan Stanley ...
Morgan Stanley tops estimates on underwriting, wealth management Reuters
Morgan Stanley earnings: 84 cents per share, vs. 77 cents EPS expected CNBC

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COLUMN: Time management proves necessary skill - The Daily Toreador


COLUMN: Time management proves necessary skill
The Daily Toreador
I have what most people would call a time- management issue. It is a trait I refer to more accurately as a time-optimism issue. This is the best way I know how to describe it. I too often believe that life will always provide another hour, another 10 ...

2018 Time Management Tips That Work | Benzinga - Benzinga


2018 Time Management Tips That Work | Benzinga
Benzinga
Early in the year, after the holiday festivities have subsided, is a perfect time to invest in improving your time management skills and get more of the right work done in less time with less stress. According to Lynn Sherman, President of PEPworldwide ...

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Time management problems? You might be asking the wrong questions - SmartCompany.com.au


SmartCompany.com.au

Time management problems? You might be asking the wrong questions
SmartCompany.com.au
Viewed from a different perspective, Gilkey points to energy and attention as being more scarce than time. “People who think they have time management problems really have priority management problems, which means, at root, they have self-management ...

ASU offers time-management help for student success - Arizona State University


Arizona State University

ASU offers time-management help for student success
Arizona State University
As the second semester of the academic year begins at Arizona State University, many freshmen are facing the reality that they need to build up an important skill for college life: time management. Many freshmen are overwhelmed by the unstructured ...

Manage Your Attention Instead of Your Time - Lifehacker


Lifehacker

Manage Your Attention Instead of Your Time
Lifehacker
Attention management is more than not looking at social media every five minutes—though it's also that, too. It's also about setting priorities and focusing your attention where it matters. And where it matters is often “deep work.” Rao divides ...

The 3 Mistakes I Made Learning To Manage Time - Forbes


Forbes

The 3 Mistakes I Made Learning To Manage Time
Forbes
As a CEO, smart time management is critical to success. Let me tell you a dirty little secret: It doesn't always come naturally, especially to entrepreneurs that become executives. When I was just starting out as an executive, I found myself struggling ...

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