Chapter 1

Time Management Secrets of Billionaires

Summary
 No one should more than six direct reports
 Six simple steps for time management
 to set pigheaded discipline to spend 5 minutes every day to control the time and to stick with the plan throughout the day
My Time Management Epiphany
 Faced with “one minute manager “and got a minute meeting
 One Minute Manager – anyone could go to anyone else any time and got a minute meeting
 Released Memo – Not to come for a minute meeting unless urgent
 all thoughts, ideas and issues to be presented during weekly division meeting

Six simple steps for time management

Touch it once
 If you touch it, take action
 Great email management - very descriptive subject lines for all email
- when the subject of email changes, the subject line on the email also changes
 Email can be the death if good time management
Make Lists
 Lists help you stay focused on high priorities and highly productive matters and double your productivity right away
 Stick to the six most important thing you need to get done that day
 List the six most important things you need to do and by hook or by crook, get those six things completed each day
How much time you will allocate to each task
 If one or more of the items on your list is too big to accomplish in one day, and then write down how much time during that
day you will dedicate to it
 Do them in small chunks of time
Plan the Day
 Be specific and have a time slot for absolutely everything
 Miscellaneous periods are absolutely essential because we all know that your day might be interrupt
 Most important, stick to that schedule no matter what
Prioritize
 Put the most important task first
 20% of your effort brings 80% of your results
 Appearing like they are really busy. But when you look at their actual productivity it’s very slow’
 Tips for salespeople and one-person armies - must spend at least 2.5 hours per a day of brand new prospecting / growing your
company
 People in more reactive positons will simply have far less time dedicated to proactive task- but still have some proactive tasks
in every day
 Can this person be doing some research on the internet about your industry
 How much of your day is proactive and how much is reactive
 Most important tasks for the day? At the beginning?
Ask yourself, “Will it Hurt me to Throw this Away?”
 80 % of all filed or stored information is never referred to gain
 When something interferes with your schedule, deal with it and then go back to your schedule