Making "Business Time" More Profitable

One important thing in any business is to have good time management. Whether it is MLM, internet marketing or conventional business, the more time you waste, the longer it will be until you are making money. The way to start is to organize your "to do" tasks into 3 different groups.

1. Work activities
These are activites that actively grow your business. Usually, that means that it is some form of prospecting. So, these could be writing articles, calling people, writing on your blog, following up with people via phone or email, designing ads, advertising, or other things relating to exposing people to your information

2. Growing activities
This group of activities are things like doing research, planning, following up with business partners or associates, goal setting, and other things of this nature.

3. Learning activites
This would be working on personal development, learning about new ways to market, going to training seminars or listening to them, reading others blogs, going on forums, or anything else that helps you gain more intellectual knowledge.

Now, you have to break down these groups into different percentages of business time.

1. Work activities - 70%
2. Growing activities - 20%
3. Learning activities - 10%

Now, if you are just starting out, your learning activites and growing activities are going to be a lot higher. However, once you know the basics, keep those things to a minimum. Many people don't want to do actual work activities, so they spend all of their "business time" not doing money making activities. Then, they ask, "I am spending 20 hours a week on this, how come I'm not making anything?" That's because all of your time is spent around planning to do and learning to do, not DOING.