Let us introduce you to the world‘s most expensive resource: Time. There is no market to buy it. Even if there were, could you manage what you are worth an hour? Think of the limited time available in your entire life, not only your salary and opportunity costs. Let’s start thinking about the time we all spend unconsciously every day.
When you apply time management best practices to your business and personal life, you plan ahead and control all of your daily activities to increase effectiveness and efficiency. You want to manage yourself in relation to the time you have available to avoid procrastinating and wasting time, to prevent stress and increase productivity and happiness in your life. Improper time management leads to stress, burnout and eventually risks your life.
Therefore, you need to learn the core principles of prioritizing, planning, scheduling and delegating. Planning might sometimes be taken as guessing, but it also builds up goals and provides focus. And, of course, you can always change your plan, but only once you have one. You also have to understand the difference between doing things right (perfectionism) and doing the right things (effectiveness).
Being successful doesn’t make you manage your time well. Managing your time well makes you successful. Take control now, so that you can achieve both your business and life goals.
However, don’t over-engineer your productivity or you might end up managing more than doing. That is why we are recommending the Eisenhower Matrix over more complex frameworks: This principle feels like playing Pong, but within minutes it will have a major impact on your life. Whereas frameworks such as Getting Things Done might be better compared to games like Microsoft FlightSimulator – where you better read the lengthy manual first.