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Saturday, March 29, 2008

WARNING TO ENTREPRENEURS

WARNING TO ENTREPRENEURS

Entrepreneurs work a longer workweek on average (54 hours) than do executives in large corporations (50 hours.)

THE IMPORTANCE OF PURPOSE

Famous people such as Michelangelo, Joan of Arc and Martin Luther King did not owe their success to utilizing every minute or multitasking, but by having a clear purpose in life.

 
SHORTER MEETINGS

Keep meetings to a maximum of 60 minutes since energy starts to wane after about an hour. If more time is necessary, take a five-minute break after 45 to 60 minutes.

 

EFFECTIVE SALESPEOPLE

The two main time wasters for salespeople are failing to set high pay-off priorities and failing to remain focused on high-priority activities.

 
ORGANIZED CHAOS

Clearing away the clutter will not get you organized. You must have a system established that will keep the clutter from accumulating again. Organization is a process, not an event.

DON'T BE A PERFECTIONIST

It often takes 50% or more of the total effort to squeeze out the last 10% or so of quality or whatever it is that perfectionists want out of a situation.

PROCRASTINATION BREEDS URGENCY

Urgent tasks are usually the non-urgent tasks that were not started soon enough.

 

TRADING EFFICIENCY FOR EFFECTIVENESS

Extreme busyness is injurious to the real work of the organization. We should sacrifice a little efficiency by freeing up people to think, innovate and respond to opportunities.

SALES PEOPLE REQUIRE FOCUS

Salespeople spend less than one third of their time in face-to-face selling. The top four timewasters are attempting too much, interruptions, crises management and paperwork.

TAKE TIME TO BE POLITE

We should answer the phone before the third ring and immediately give both our first and last name.

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