Time Management In Online Business – Time = Money

Time is Money and You Should Stop Wasting Both…

We all find ourselves watching TV or scrolling on Facebook when there is something more productive we could be doing.

Next time you find yourself spending 3 hours cleaning the house or mowing the lawn, think to yourself “could I be making money instead?”

Instead of doing those things yourself, you could pay someone to do it for you.

Yes, that does cost money, but paying someone about $20 to do the job for you means that you can use those 3 hours to do something more productive.

Use these time management tips to help from wasting more time and money:

  • Organize your daily tasks- put the most important task first
  • Stay focused on one task at a time
  • Prevent yourself from any distractions

Take some time in the beginning of your day to create a daily plan that you way you stay on track.

Trade Money for Time

The saying “time is money” is correct to an extent.

You may think “why should I spend money when I can just clean the house myself.”

Those 3 hours you are spending cleaning the house could easily go to spending more time on your business.

While you spend time on your business, you are working towards making more money, therefore, when you are not working on your business, and instead cleaning your house, you are wasting money.

Every minute you are not working towards making money, you are probably wasting money.

If you spend hours doing one task and you have a long list of tasks to do, you will likely run out of time.

You may spend the entire day working on one simple task, by the time that task is finished, you are ready for bed. Now you must wait until the next day to start the next task.

Instead, you could have paid someone else to work on the task for you and you could have accomplished more within a day.

Completing more tasks in a day, whether you are paying someone else to do that task or you are doing it yourself, will allow you to continue to progress towards your goals.

The more you progress, the more money you start making!

Instead of taking two years to complete everything, you can pay someone to do the same job in a very short amount of time.

Trading money for time is well worth it.

time-management-tips

Tips to Excellent Time Management

Every day may not go as planned, because things occur that may prevent us from staying on track.

When possible, practicing time management skills can make all of the difference in the progress of our daily lives.

Organization

  1. Make a list of the tasks you want to complete that day
  2. Set reminders on your phone to keep you on track
  3. Do not multitask

Use Time Wisely

  1. Set deadlines for yourself
  2. Put a time limit on your “breaks”
  3. Do not stop until you are finished

Those without an organized, structured day tend to accomplish much less than those that have a daily plan.

Working on saving time may take some time at first, but making this your daily goal will eventually pay off.

Spend a little money, save a lot of time

In order to save something, usually you have to spend something.

For example, in order to save money you must spend time making the money.

Just like if you want to save more time, you may have to spend a little money.

In the end, you are gaining more than you are losing.

If you can find someone that can do the job better and quicker than you can, why not pay them to do so?

You could have spent 2 days doing that job when someone more experienced can do that job in 2 hours.

Use those 2 days to focus on other important tasks and you will accomplish a lot more in the end.

When the day ends, you will likely feel more fulfilled  than you would have if you were working on the same task the entire day and made very little progress.

When it comes to developing and running an online business, it is very important to keep progressing and working towards reasonable goals.

Typically, there are always improvement to be made and a lot of daily work to complete during the day.

That being said, there will likely be a lot of work that needs to be finished. The more work you finish, the more you can work on throughout the day.

Remember, there may be times where you need someones help.

To keep things flowing, time management is essential.