subject: Top-Secret Personal Productivity Tips For Information Age Entrepreneurs- Part Four [print this page] As an information age entrepreneur in the home-based business it is very important to understand the effects environment have on your personal productivity, and what is the best environment for the task at hand. In this article series I will discuss five top-secret time management and personal productivity principles coveted by highly ambitious entrepreneurs. They are: The time management myth. How to deal with feeling overwhelmed. The #1 thing that eats away at your time. Environment. How to place a dollar value on your time. This article will focus on number four, the effects of environment on your productivity, and will also cover number five, how to put a dollar amount on your time. The first concept to introduce here is that certain environments are better for different activities. For me the best place to make phone calls, check voice mail and email messages, is at my desk in my home office. If I try to sit at my desk and read some training material I get continually distracted. The best place for me to take in and assimilate new information is in my living room where we have a nice bay window letting in plenty of light and I can relax into my studies. The key here is to notice how you feel about your surroundings and how well are you functioning within it. Make sure the environment itself does not distract from the work being done there. Experiment and find the best working environments for you. If you feel good there, and you are focused and getting it done, that's a good spot. If you are constantly being distracted, or feel at a lost, try another spot until you find the place that best suits you. As covered in part three of this series, be sure to remove all distractions from your working environment. Finally number five, How to place a dollar amount on your time. There are 365 days in a year. After weekends, days off and vacation lets say there are 250 working days in a year. The common workday is eight hours. That is 2000 hours of work per year. Now plug in your net income from last year and divide it by 2000. Say you made $250,000 last year. 250,000 / 2000 = 125. Thats 125 dollars per hour. Now, studies have shown that out of a typical workday there are only around three hours of productive money making activities. The rest is spent on everything else that must be done that doesn't directly lead to income generation. That changes the working hors from 2000 to 750. So divide your net income by 750 instead and in our example you get 250,000 / 750 = 333.3. That means your time is actually worth about three times more! Keep that in mind as you go about your workday, and use it to keep yourself motivated and on task. That concludes this article series. If you implement this information and be persistent with it, you will find that your productivity level will increase dramatically.
Top-Secret Personal Productivity Tips For Information Age Entrepreneurs- Part Four
