Entrepreneur Leadership: What You Do With Your Time Makes the Difference

Entrepreneurs are different. Non entrepreneurs might think they’re weird. But being weird can make all the difference in the world when it comes to being a leader, especially a leader who is an entrepreneur. So what is the difference?

Some might think it’s money, but there have been plenty of entrepreneur leaders who didn’t have any money and were successful. In fact, their money came after they became successful. So what was the difference? The difference is how these entrepreneurs spent their time.

A well know entrepreneur leader is Thomas Edison. When he decided to accomplish something, he focused on the task at hand and kept working at it until it worked. Most of us have heard about Edison and the light bulb. It took him 1 ½ years to get a light bulb to burn for 13 ½ hrs. But what makes this achievement great, was not the light bulb itself, but the electric lighting system he developed that made “incandescent light practical, safe, and economical” (see link below). That’s a leader, and a visionary, for you.

The point is that Edison had a clear sense of what he wanted to achieve, and he spent his time doing the things that would get him there. He didn’t let failed attempts stop him. He persisted until “there was light.”

Most of us don’t have the luxury of spending every waking moment on our business like Edison did on his inventions. Let’s face it, life is still going on and it’s not going to stop just because you have something to achieve.

The key then is to make the most of the time you do have. And the secret of making the most of your time is concentration of purpose: only do those high-yield activities that lead to progress. That is what leadership is all about.

Analyze everything you do. A high yield activity is something that moves you toward reaching your goal. Make it a priority. If the activity doesn’t move you closer to your goal, then it’s is a waste of your precious time, so don’t do it (at least not during your focus time). Give yourself permission to let it go for now, relax, and focus on the priority.

And don’t let distractions interfere. If you need to, readjust your schedule so you can focus and concentrate.

Don’t make the mistake of thinking that time is money. Time is time and money is money. All that money can really do is shorten the time to achieve something. But real leaders understand that time is more valuable. They understand that time is the real difference maker.

If you’re fortunate to have the money to help get your entrepreneurial endeavors off to a great start, great. Use the money to get you to your goal in a shorter amount of time. But if you don’t, then time is all you have to spend. Spend it wisely.

Happy Business Building,



Yolanda Allen is a retired Air Force officer & online entrepreneur. Read Yolanda's blog, Online Business Plank Owner. Find out what Yolanda did when her daughter said she hated her job at Online Entrepreneur Know How. Enter your name & email for a free business review. Could this business help you earn lifestyle you want?

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