The Entrepreneur and Time Management

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Arnold Bennett on TimeTime is the great equalizer.

We all have 24 hours in a day… What each of us does with that time makes all the difference.

For an entrepreneur, time management is everything. If you are struggling with how you seem to be working all the time, but you feel like you are not getting anywhere, you should examine what you are doing with your time during each hour of the day.

Sometimes what feels like work, is not the work you need to be doing.

If I am afraid of doing my work, such as making cold calls, which is uncomfortable, I can rationalize almost any type of behavior as an excuse to keep me from doing it.

Of course, my rationalization will be so convincing that it appears not to be an excuse for not doing my important work… But it is. I have tried countless times to be disciplined about making cold calls every day, and I have failed.

I recently started tracking my sales call activity and the money I am earning in this blog below every post. This is yet another attempt (in countless prior attempts, many of which were very likely a devious and creative form of procrastination) at strategy for keeping myself honest and disciplined about how I spend my time in pursuit of my goals.

Since life is a game, and none of us knows at all how long we get to play, we should get over our fears and do the work we need to do to achieve our dreams.

There is a wonderful quote by Arnold Bennett on time:

Time is the inexplicable raw material of everything. With it, all is possible; without it, nothing. The supply of time is truly a daily miracle, an affair genuinely astonishing when one examines it. You wake up in the morning, and lo! your purse is magically filled with twenty-four hours of the unmanufactured tissue of the universe of your life! It is yours. It is the most precious of possessions. No one can take it from you. It is unstealable. And no one receives either more or less than you receive.

In the realm of time there is no aristocracy of wealth, and no aristocracy of intellect. Genius is never rewarded by even an extra hour a day. And there is no punishment. Waste your infinitely precious commodity as much as you will, and the supply will never be withheld from you. Moreover, you cannot draw on the future. Impossible to get into debt! You can only waste the passing moment. You cannot waste tomorrow; it is kept for you. You cannot waste the next hour; it is kept for you.

I said the affair was a miracle. Is it not?

You have to live on this twenty-four hours of daily time. Out of it you have to spin health, pleasure, money, content, respect, and the evolution of your immortal soul. Its right use, its most effective use, is a matter of the highest urgency and of the most thrilling actuality. All depends on that. Your happiness — the elusive prize that you are all clutching for, my friends! — depends on that.  If one cannot arrange that an income of twenty-four hours shall exactly cover all proper items of expenditure, one does muddle one’s life definitely.

We never shall have any more time. We have, and we have always had, all the time there is.