Help! I Don’t Have Enough Time!

by Ket-Sang Tai

“I don’t have the time”
“I am too busy for this”
“There are so many things going on in my life and I simply do not have any spare time for this”

If you have been actively building your business and speaking to a lot of people, you know what I mean. This is one of the commonest reason people decide against starting their own home business despite knowing that it is the only or best way to get them out of the rat race and financial trouble.

The fact is that everyone has 24 hours a day. Bill Gates, Donald Trump, Robert Kiyosaki and Warren Buffet all have 24 hours a day, not a second more. Ok..ok.. I can hear you say: ” Well… they have other people helping them with a lot of their work.” That is true now, but not when they first started building their business empire and everyone has to start somewhere.

Everyone has a fixed amount of time, the difference is how do you use your time and what do you do with it. Stephen Covey, author of the “7 Habits of Highly Effective People” explains the concept really well. Basically he divides our daily tasks into 4 categories.

1. Important but Not Urgent

This includes education, reading self-improvement or financial books, going to the gym, spending time with love ones etc. These are all very important but not urgent.

2. Important and Urgent

These are things like fixing a leaking pipe, going to the doctor because you are ill, paying your credit card bill when the due date is tomorrow etc etc.

3. Not important but Urgent

Examples of these are buying the lottery ticket for tonight, bidding on something on eBay which is ending soon etc.

4. Not important and Not Urgent

I think most people spend the most amount of time doing these. These include watching TV, reading non educational magazines etc.

Most people spend most of their time doing urgent matters, regardless of their importance. They just can’t keep up with it. There are so many urgent tasks to complete that they don’t have time to go to the gym, spend time with your family and start their own business (all very important, but not urgent).

The fact is that if you can spend more time doing category 1 tasks, there will be less category 2 tasks to do in the long run. For example, if you keep your office tidy, you won’t have to spend time finding your lost documents ; if you exercive regularly, you won’t have to see the doctor ; if you spend time building your successful home business, you won’t have to rush around working for your boss! In the long run, you will have less category 3 task as well.

I don’t have to say anything about category 4. I am not saying you can not do that at all, but you really should spend less than 5% of your time doing it if you want to be successful in life.

So my advice is to put all your tasks into these 4 categories and make sure you spend at least 50% if not more of your time doing category 1 tasks. If you can not do that initially, you can start with 10% and then increase it gradually. You will soon realise that you have less urgent tasks to attend to and your 24 hours will be used more effectively.

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To Your Success,

Ket-Sang Tai


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