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Mod 6 - Track 05 - Track How You Use Your Time

The document emphasizes the importance of tracking time for entrepreneurs to ensure that efforts are focused on value-creating activities that generate revenue. It suggests maintaining a time log for a week to analyze productivity, task switching, and interruptions, followed by a review to identify areas for improvement. Regularly revisiting this process can lead to significant enhancements in time management and business outcomes.

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16 views3 pages

Mod 6 - Track 05 - Track How You Use Your Time

The document emphasizes the importance of tracking time for entrepreneurs to ensure that efforts are focused on value-creating activities that generate revenue. It suggests maintaining a time log for a week to analyze productivity, task switching, and interruptions, followed by a review to identify areas for improvement. Regularly revisiting this process can lead to significant enhancements in time management and business outcomes.

Uploaded by

maxalves77
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Track How You Use Your Time

As   an   entrepreneur   you   only   get   paid   for   creating   value   and   producing   results.  
You  can  work  18  hours  a  day  for  six  months  and  not  make  a  penny  if  you  haven’t  
created  value  for  a  customer.  It’s  for  this  reason  that  you  need  to  get  a  firm  grip  
on  precisely  where  your  time  goes  and  how  much  of  it  is  spent  on  doing  activities  
that  are  linked  directly  to  making  the  cash  register  ring.  
 
One   of   the   best   ways   to   do   this   is   to   keep   a   time   log   so   you   can   become   aware   of  
just   how   much   time   you   spend   on   different   activities   regarding   your   business  
and  precisely  where  and  how  you  are  (most  likely)  expending  large  portions  of  
your  time  on  non  value  creating  activities.  
 
Without   an   awareness   of   how   you   are   using   your   time;   you   can’t   hope   to  
effectively  manage  yourself  and  meet  the  many  demands  of  starting  a  successful  
practice.    
 
Tracking  how  you  use  your  time  for  a  week  can  give  you  great  insight  into:  
 
• How  productive  you  really  are  
• How  much  you  context  switch  between  tasks  and  multi-­‐task    
• How  accurate  (or  not)  your  time  estimations  are  
• Which  interruptions  are  costing  your  dearly  
• Where   you   can   make   changes   that   have   a   huge   impact   on   your  
productivity  
 
 Use   the   time   log   form   on   the   page   over   to   track   your   time   for   1   week.   Keep  
precise   records   of   the   time   you   start   and   stop   each   task,   what   activity   you  
worked   on,   whether   it   was   planned   or   not,   what   goal   or   project   (if   any)   it   was  
linked  to  along  with  the  priority  of  the  task  and  if  it  was  an  interruption.    

This  document  is  strictly  private  and  confidential.  All  rights  reserved,  copyright  NLPTIMES.COM  in  all  media.   1  
 
 

Time  Log:  Date  ____________________  


Time   Activity   Planned   Goal/Project   Interruption   Priority  
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           

This  document  is  strictly  private  and  confidential.  All  rights  reserved,  copyright  NLPTIMES.COM  in  all  media.   2  
 
 

Once  you  have  tracked  your  time  for  a  week,  set  aside  1  hour  to  review  your  time  
logs  and  track…  
 
• What  was  most  of  your  time  spent  working  on?  
• What   percentage   of   your   time   were   you   working   on   high   priority,   high  
value  activities?  
• What  percentage  of  your  time  were  you  working  on  low  value  activities?  
• What   percentage   of   your   time   was   the   activity   the   result   of   an  
interruption?  
• How  often  was  the  activity  you  were  working  on  linked  to  a  specific  goal  
or  project?  
 
Next  draw  up  a  list  of  improvements  you  will  begin  to  make  so  you  can  improve  
your  productivity  by  a  factor  of  double  what  it  is  now.  Target  the  behaviours  that  
will  given  the  highest  return  on  effort  and  will  have  the  biggest  positive  impact  
on  your  business.  
 
Repeat  this  process  every  quarter  until  you  see  a  dramatic  improvement  in  
how  you  organize  and  use  your  time.  
 
 

This  document  is  strictly  private  and  confidential.  All  rights  reserved,  copyright  NLPTIMES.COM  in  all  media.   3  
 

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