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Archive for time management

Can a REAL Entrepreneur Have a 21-Hour Work Week?

Thursday, January 12th, 2012
Feeling chained to the desk, is it possible for entrepreneurs to have a 21-hour work week?

Feeling chained to the desk, is it possible for entrepreneurs to have a 21-hour work week?

I recently read an eye-opening, unorthodox article from Fast Company discussing the possibility of instating a 21-hour work week instead of 40 hours.
So there’s the REAL entrepreneur’s 70+ hour work week, Tim Ferris’s four-hour work week (outsource everything and sit at home and eat Twinkies), and now we have a proposed 21-hour work week.

The New Economies Foundation (NEF) released a report stating that the 21-hour work week would create more jobs and stop the “unsustainable cycle of rampant consumerism.” They argue that not only is the American society obsessed with work and consumption, but we live to work, work to earn, and earn to consume. It’s like when a 16-year-old kid gets his first job to pay for a car, so he can drive to work to pay for his car; its an endless, antiquated cycle; I agree. Read More→

Everyone in the world has exactly the same numbers to work with, 24 hours in a day, 168 hours in a week and 8,736 hours in a year.

Interestingly that even though we all start out on equal footing, a few will use their time in ways that advance their careers, improve their personal relationships, improve their health and increase their overall level of success. Yet others will stagnate and complain, distance themselves from others, only communicate via Facebook® and texting, gain a few pounds eating cheese puffs in their pajamas in front of the television, get to the next level of some video game and ultimately fall farther behind the forward moving pack.

Why is that? Read More→

New Year…New Direction ?

Friday, December 31st, 2010

As 2010 is winding to a close it’s time to reflect on what was, what could have been and what will be in the year ahead.

We’ve dealt with a sluggish economy, clients who opted not to initiate projects, governmental regulation changes, team members who had family members laid off, perhaps you faced the need to downsize your staff as well.  All in all, not one of the better years for business owners. Read More→

Bob Holdsworth - Time is Money

Time is money

I don’t know about you, but my ‘IN’  box never seems to get close to empty.  Voice mail, email, snail mail, periodicals, industry journals, client projects, travel schedules, kids on vacation, family time, the operational demands of running three different companies and of course writing, writing and more writing.

People routinely ask me how I manage to get it all done.  I work only about 45 hours a week, I’m typically able to take about 6-8 weeks of vacation every year, I’m able attend the majority of my kid’s school events and still manage to build the profitability of each business on pace, each year.

I’m not the smartest guy in the world, I don’t have 26 hours in a day, but I do have very well developed delegation skills and I’m developing a greater ability to sort, prioritize and say no to distracting offers.  I also make it a point to surround myself with people who can think through problems, follow through on projects, accept responsibility for their efforts and then I LEAVE THEM ALONE.   The word micro-management is not in my vocabulary.

Training, mentoring, coaching, developing and responsibility are and I’m willing to take the time with a person to do the first four so that in very short order they can take on the fifth.

The keys to delegation are as follows: Read More→