10 Habits of Highly Successful Business Owners

Written by Lorraine Pirihi


#1 Highly successful business owners clean outrepparttar clutter regularly.

#2 Highly successful business owners use a diary (paper or electronic) and write

a list of “things to do” each day.

#3 Highly successful business owners are great delegaters.

#4 Highly successful business owners know how and when to say “No”.

#5 Highly successful business owners make time for their personal life a priority.

#6 Highly successful business owners spend time working “on their business’ and

How to Save 2 Hours Every Day using Pareto's 80-20 Law

Written by Neil Stelling


Word count: 402 Character width: 60

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"How to Save 2 Hours Every Day using Pareto's 80-20 Law"

- by Neil Stelling B.Sc, MBA Marketing Manager,DigiLectual http://www.secretsoftimemanagement.com/parart

© DigiLectual Inc. 2003

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Vilfredo Pareto worked as an economist in 19th Century Italy. We can still use his theories in today's 21st Century Internet economy !

His 80-20 law applies to many things, including Time Management. For example, his law says that 20% of your customers provide 80% of your revenue. It says 20% of your time spent on a project gets it 80% towards completion. 80% of people working inrepparttar computer business only do about 20% ofrepparttar 105416 work, andrepparttar 105417 other 80% is done byrepparttar 105418 20% star workers !

So how does this law apply to time management ? How can you use it to save 2 hours every day ?

Think about any jobs you must do. Think about any projects you're working on or about to start. We all want to dorepparttar 105419 best possible job. But how about this ? How would you like to get three jobs done inrepparttar 105420 same time as one ? How would you like to finish one job a lot quicker, and spendrepparttar 105421 extra time with friends or family ?

Pareto's law can help you do exactly that !

First of all look atrepparttar 105422 'big picture' of your project. What are you trying to achieve and why ? What main benefits do you want ? Make a simple schedule of work. Get started and work as quickly as possible. It could be a report on a new market. It could be a new product specification. Maybe you've got to write a simple piece of software ?

When you've done all you can, stop and take a look. It's good isn't it ? Now leave it there. Yes, I said leave it there. You've achieved about 80% of your target. Yet you've only spent about 20% ofrepparttar 105423 time you'd eventually give to that piece of work ! What would you normally do ? More research. Try to add in more bits. Endlessly fine- tune it. Perhaps you'd start again because you decide it's no good ?

Cont'd on page 2 ==>
 
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