5 Steps to Great Time Management

5 Steps to Great Time Management

By Yihan Lin: Before you learn how to manage the resources of an organization, you must first be learning time management skills for your own life.Time management skills are founded on this principle: If you don’t manage your own life, no one else will. Therefore it is essential that as a leader, you be proactive in every area of your life, including using your time. Don’t allow circumstances to cause you to react, but stay on top of it.

If you don’t fight for your own time, people will take it whenever they wish.

Here you go, five simple steps to ultimate time management!

Once you start, don’t stop
The key to this is that once you start a task, don’t stop until you’re done. We have tendency to look at emails, or letters, read a few paragraphs and then put them aside for later reading.

What we don’t realize is that the time spent re-reading is precious time lost. So if you’re embarking on a task, finish it once in for all.

Make a list
Make a list of the major task you have for each day. Don’t write down too many because you won’t be able to finish it then. About 6 would be fine.

Plan how much time you will allocate to each task
For each task, allocate a reasonable time you would take to finish it. Say, half an hour, two hours and so on.

To be realistic, a good total time required to complete your tasks would be about 6 hours a day.

You must realize that you would have unplanned activities during the day as well and you must plan for that.

Plan your schedule for the day
Create a table with your working time (e.g. 8 am – 5pm) on a spreadsheet and start allocating activities to the various times of the day.

Do leave half an hour gaps in between major activities for a break, or for miscellaneous activities like checking email.

Prioritize your activities
Ensure that you prioritize your activities by putting the more important tasks first during the day where you have more energy.

Start making an effort to spend the first 10 minutes of your day to plan it with determination. It may seem hard at first, but it’s really worth every ounce of your effort.

Trust me, these 10 minutes of your extra effort to plan your time will reap you 200% increases in productivity during the day!

Lin Yihan is the founder of http://www.leadership-with-you.com, a website that seeks to groom and teach people how to become leaders in this generation that make a difference in our world.

 

We hope you found this article about “5 Steps to Great Time Management” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

 

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in
Unpleasant Tax Surprise for Thousands of IRA Holders

Unpleasant Tax Surprise for Thousands of IRA Holders

Unpleasant Tax Surprise for Thousands of IRA Holders Imagine getting a letter in the mail telling you that you owe more than $24,000 in taxes, with about a fourth of that total being because of late penalties. That’s the kind of surprise that nobody ever wants to get. However, that’s exactly what happened to one…

Corporate Tax Planning: Mergers, Acquisitions and Reorganizations

Corporate Tax Planning: Mergers, Acquisitions and Reorganizations

Corporate Tax Planning: Mergers, Acquisitions and Reorganizations by Greenstein, Rogoff, Olsen & Co., LLP In today’s ever-changing business world, a corporation often needs to reconstruct its form for economic survival and growth. These corporate divisions and combinations usually involve exchanges of stock and property, and normally would be taxable transactions. However, Congress enacted certain provisions…

General Rules for Corporate Reorganization

General Rules for Corporate Reorganization In order for a transaction to be given non-recognition treatment under the reorganization provisions, it must meet certain requirements. • The reorganization must meet certain tests in the Regulations regarding “continuity of interest” and “continuity of business enterprise.” • The reorganization must be conducted according to one of seven patterns…

Accepted Patterns for Corporate Reorganization: Types A-G

Accepted Patterns for Corporate Reorganization: Types A-G

Accepted Patterns for Corporate Reorganization:Types A-G The seven qualifying patterns of reorganization described in IRC section 368(a)(1)(A) through (G), are as follows: •Type A- a statutory merger or consolidation; •Type B- the acquisition by one corporation, in exchange solely for all or a part of its voting stock (or in exchange solely for all or…