Time Is Money
The old adage: Time is money. We all say it. What does that really mean? Many of us are paid on the basis of the amount of time that we put in. However over the long term, the rate we are paid for our time is based on the value and efficiency of what we accomplish. Mastering the use of time is the means to the end of acquiring money.
Could time be among the scarcest of all our resources? More so than money? The US Dollar is an elastic entity. The Federal Reserve is printing currency as you read this. No one is producing more hours for your day. It is up to you to make the most of it with the choices you make.
With both time and money, you choose to either spend it or invest it.
Spending, with either commodity, involves using up what you have.
Investing involves committing some of that resource with an expectation of a return.
Are you finishing each day, week or month in the red? Or in the black?
If time is among our scarcest resources, why do so many find it so difficult to invest it?
Money is tangible. Time can not be touched, felt or seen. Time's intangibility makes it difficult for us to realize when we haven't invested it. The result is that we habitually spend it on today at the expense of tomorrow.
Most of us know the proven principals for mastering your use of time.
- Prioritize your activities based on importance on a daily basis.
- To maximize your productivity, you should work toward completing your urgent/important/critical tasks each day.
We know that effectively planning our own day makes more sense than letting others do our planning for us. Yet we constantly fall into the trap of spending our time on the less important items on other people's agendas.
Are you ready to begin developing more productive habits to manage this precious resource? How can you expect to build a prosperous tomorrow, if you haven't worked on it today? When will you begin to establish more productive habits for investing in your agenda rather than spending your time on the priorities of others?
Time Is Money - To learn more about this author, visit Tom Lemanski's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Tom's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Increasing Coaching Effectiveness Essence of Leaders Optimus Performance How To Get Media Attention 10 Ways To Go International |
|
 | ||
 |
Top 50 Franchising Blogs
Top 50 Franchising Blogs | |
 |
Top 50 Raising Capital Blogs
Top Blogs To Watch In 2008 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||||
| ||||||||||||
|
|
||||||||||||