Maintain your old Siemens Hipath system

Get Out What You Put In!

During a recent coaching session with Mark, I was briefly reminded of how it feels to give your all to your business and have it spit in your face.

"I just don't get it! I'm putting all my time and energy into this business, and I'm still scraping by. I'm so tired of fighting to 'just to make it' but this is what I really want to do."

"Tell me about what's happening in your life," I inquired.

"My wife says I'm spending too much time working, and I know she's right. But I also know that I'm the one who is responsible for paying most of the bills. As it is, I'm probably working 80 hours a week."

"I really want to spend more time with her and our son, but if we're barely making it now, I can't imagine what would happen if I slowed down. I'd lose the business for sure. What I need is more time, not less."

Oh, it was terrible to hear Mark experiencing such pain. It brought back all of the feelings I had also experienced during the first years of my business several years earlier.

He had fallen into the same trap that many of us do. He believed that his degree of business success was directly related to the number of hours he put in. And, I knew, that until we altered that belief, he would never be free to achieve great financial success and to enjoy the freedom that the life of a business owner can provide.

Somewhere along the way, many of us pick up the perceived connection between time and results. Yes, it's true that if you spend 10 hours a day practicing piano that you will likely be a better performer than if you spend 5 minutes a day. And that same logic might apply to specific skills you use in your business. If you spend 4 hours every day doing anything (creating graphic designs, writing press releases, writing sales letters), you will undoubtedly develop your skills.

But, in an endeavor like business, success is based on much more than the total amount of time you put in. It's based on what you do during that time, what skills you have, what customers want, how you present yourself, what you charge, how you market your business, etc.

Some things in life are easy ?

Staying Thin = Eating Well + Exercising Baking Cookies = Measuring Ingredients + Following Directions

The stinker part about running a business is that you get out what you put in. And, it's not easy to figure out what the monster wants to eat ? but that's your job as a business owner.

If you spend countless hours networking at events that don't yield results, you are adding time to your week. If you re-create the wheel every time you have to put a proposal together, you are taking up time that you could be spending on other marketing activities, taking a lunch break, spending the afternoon with your spouse and kids. If you are starting numerous projects without bringing any of them to completion, you are wasting time spinning your wheels rather than profiting from one of those great ideas.

You see, it's important that you know where your time is going, what results you are getting from how you spend it, and what price you are paying (both professionally and personally) for spending so much time in your business.

Please don't take years to learn this one. It's a truth. If you figure out what your monster wants to eat, and you feed it to him on a regular basis, he will give you the key to the kingdom!

Are you ready to find out what you've been feeding your monster (i.e. "what you're putting into your business)?

Don't hate me when I ask you to track your time. 'How boring' you might say. Doesn't she understand that taking the time to track my time just takes more time (you can read that line again if you need to!)

Yes, it can be boring and it does take a little bit of time. However, if you invest tiny little bits of time throughout the day (adding up to only 10 minutes/day probably), you can discover the keys to propelling your business forward.

Start today by tracking how you spend your time (track every 15 minute segment) for the next 5-7 days. Include all the time you spend working, including evenings and weekends.

After the week is over, look back over the completed worksheets and tell me what you see. Look for things like:

  • breakdown the number of hours you are spending on:

    • marketing

    • providing your services

    • office work (invoicing, paying bills)

    • email

    • other functions

  • add up the number of hours it takes you to do certain standard functions that are part of your business

    • attending a meeting (driving to/from + meeting)

    • writing a proposal

    • adding a new client to your practice

    • doing your accounting work

Too much time spent on office work could tell you that you need to outsource some of your administrative work.

Too much time spent on email might tell you that you need to stop reading so many ezines (except mine!), only read/answer personal email during off hours, or learn how to use the sorting function of your email program so the most important emails are highlighted.

Too much time spent on marketing efforts that are not yielding new customers could tell you that it's time to quit that networking club or stop using direct mail, so you'll have more time to invest in the types of marketing that are working well for your business (where have your current customers come from? Do more of that!)

Too much time spent attending prospect meetings might tell you that you need to reduce the geographic area you are targeting in order to decrease the time it takes to go to/from prospect and client meetings.

Too much time spent writing a proposal might tell you that you need to automate your process more so that you only have to input a few items of data to create each new proposal, contract, or spreadsheet.

There is so much to learn by tracking your time. Yes, it might be boring, but it's an investment of 10 minutes a day for a week that might just buy you the freedom and financial success you've been seeking.

About The Author

Kimberly Stevens is the author of the ebook series, *The Profitable Business Owner: A Step-by-Step System for Starting & Running a Successful Service Business*. Download Sample Chapters & get her free MiniCourse, *The 10 Most Common Mistakes Business Owners Make & How To Avoid Them* at: http://www.askthebizcoach.com/ebooks.htm; kim@askthebizcoach.com

In The News:

Turkey 'won't allow cover-up' of Khashoggi's death
Sat, 20 Oct 2018 14:00:00 +0100
Turkey "will never allow a cover-up" over the death of Jamal Khashoggi, a senior official in the country's ruling party has said.

Jamal Khashoggi's death exposes Saudi regime
Sat, 20 Oct 2018 18:59:00 +0100
Jamal Khashoggi was a gracious, polite and gentle man to meet. 

Trump: US to pull out of nuclear treaty with Russia
Sat, 20 Oct 2018 21:29:00 +0100
President Donald Trump has said the US will pull out of a nuclear treaty with Russia because Moscow has violated the agreement.

Bomb kills 15 at Afghan election polling station
Sat, 20 Oct 2018 14:24:00 +0100
At least 15 people have been killed in a suicide bombing at a Kabul polling station during an Afghan parliamentary election rocked by violence.

'Disturbing' funeral home kept 60 foetuses in boxes
Sat, 20 Oct 2018 14:49:00 +0100
More than 60 human foetuses have been found stashed in cardboard boxes and freezers at funeral home in Michigan.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Is Your Attitude Destroying Your Health?

A positive attitude may bring good health and success. If... Read More

Unhook From The Perpetual Progress Grid

I have been a member of a group called the... Read More

Coaching Skills for Peers: Extending Influence

Many people think of coaching solely as a management technique.... Read More

Why a Self Help Book May Not Help You

For a self help book to work, we have to... Read More

Recreating Yourself

So it's time for a change. You've taken that hard... Read More

The Harvest: Shared Power

The fall harvest comes upon us once a year. The... Read More

Can I Be My Own ADD Coach?

Quite often I am in contact with people who discuss... Read More

Trust In The Moment, and Trust In Yourself

Do you often get yourself upset and feeling less than... Read More

Become More Self-Confident

Signs of Self-ConfidenceLet's explore the meaning of self-confidence by taking... Read More

Coaching Prime Time

An awful lot of fantastic coaching has been coming out... Read More

The Amazing Secret To Ridding Yourself Of Self Consciousness

One of the biggest challenges to developing superior communication skills... Read More

Self-contentment Leads to Confidence

Being self-content means accepting and acknowledging who you are at... Read More

A Perrverse Confidante

Direct Answers - Column for the week of July 15,... Read More

Surviving the Workday in Your Organization

Most people suffer from stress at some time during the... Read More

Great Advice

It never ceases to amaze me that every time I... Read More

Guilt: Is it Getting in the Way of Your Self-Care?

When Do We Usually Feel Guilty? When:We're not feeling ok... Read More

Saying NO to Good Opportunities!

Tracey started her video production company 2 ½ years ago,... Read More

The Good, The Bad and The Ugly: How Do You Change the World?

Recently, I saw an exhibition of paintings by a very... Read More

Where to Begin?

January is the king of months for those looking to... Read More

Q-Tip It!

Back in the 1920's when Polish-American entrepreneur Leo Gerstenzang invented... Read More

Do You Want to Make More Money as A Life Coach

There's a lot of coaches out there not making any... Read More

Taking The Coach Approach

When you use what you go through to grow through,... Read More

6 Practices for Achieving Excellent Self-Care

Adults with Attention Deficit Disorder (ADD) often feel like they... Read More

Success at Work : People Skills : Complaining

Do you know an individual at work who is a... Read More

How to Save Yourself from Negative Influences

Watching the news can be hazardous to your health.It's a... Read More