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The Smart Entrepreneur’s Guide to Prioritizing – ProfitGuide.com

May 6, 2014

Brian Tracy believes you can get a lot more done in the day. You just have to figure out exactly what it is you should be doing.

Tracy, a consultant, speaker and author, has worked with thousands of entrepreneurs and executives over the years. In that time, he’s discovered that not only are too many business leaders working on too many different things—they’re working on things that don’t add any value to the business.

In his new book Time Management, Tracy explains: “If you make a list of everything you do in the course of a month, it will probably include 20, 30 or even 40 different tasks and responsibilities. But if you review that list carefully, item by item, you’ll find that only three items on your entire list account for 90% of your value to your business.” Tracy calls this the “law of three.”

To determine your “big three,” do as Tracy suggests making a list of all your duties from the first day of the month to the last day. (If you’re feeling particularly ambitious, it’s useful to extend this to a full year.) Then ask the following questions:

Read more: http://www.profitguide.com/manage-grow/leadership/the-smart-entrepreneurs-guide-to-prioritizing-65094

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