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Why Time Management Does Not Work Very Well for Most People
Part 1 of 2
by Phil Laut
Author of Money Is My Friend
and Wealth without a Job

Emerging Entrepreneur eZine VOL. 97



Forward this Web page to friends, family, colleagues and everyone in your address book interested in greater wealth and financial security. They will absolutely thank you.

Priorities change very quickly for the new entrepreneur.

At first, customers are the scarcest resource. Very quickly, sometimes in less than a week, the methods you learn in Wealth without a Job produce such an abundance of customers or prospective customers that priorities change. Very quickly, time, rather than customers, becomes the scarcest resource.

How to make the most of your time.
Time management is a misnomer. No one really manages time. Instead time is a usable resource that arrives and is expended at a precisely predictable rate, 60 seconds per minute, 60 minutes per hour, 24 hours per day, and 365 days per year.

What you really manage is yourself. You manage your own thinking, and behavior in the flow of time. If you do not take charge of your behavior, then there is never enough time to do anything. If you put everything off until the last minute there is never enough time to do anything. If you put everything off until the last minute, then several decades is not enough time even for a trivial accomplishment.

For this reason, attempts to manage time directly usually produce frustrating results. Such attempts usually fail because attempting to manage time directly most often produces a list of activities you SHOULD do. Effective use of your time is far too complex and far too important to leave to simplistic methods that belittle both complexity and importance.

How to decide WHAT to do
What are the priorities that drive you? People who unconsciously choose to be motivated by external circumstances such as fear of financial deprivation, fear of loss or fear of disapproval produce inconsistent results simply because even minor action eases or perhaps temporarily eliminates these external motivating factors. This results in less motivation, so the external circumstances become worse, sometimes returning to their original state. Seeing the external conditions worsen causes the motivation to intensify, but only so long as the external conditions are unfavorable enough to fuel it.

If you find yourself in this position, with roller coaster income, wealth or success, use the Baseball Method described on page 50 of Wealth without a Job. Passionate and consistent achievement originates from the expression of important values that have meaning for you. Because the values are internally self-generated, you will discover that your motivation to express them is far stronger and more consistent than any motivation that could come from external circumstances which are temporary and over which you have no control.

Part 2 of 2 of this article


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