Welcome to Derek Mair's Weekly Action Tips
 
This week we are focusing one element of Self Mastery... Time is our most valuable asset but contrary to the popular saying; 'Time Management', you cannot manage time, you can only manage yourself within the time available.
 
Issue 2:                                                                                                                      January 18. 2010

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In This Issue
In the News
Derek's Deliberations
New Spotlight Feature
Conquer Tougher Times
Self Mastery Assessment

In the News

Get into Action!
Derek Mair local business owner and business coach, in partnership with the Ayrshire Chamber of Commerce has delivered a number of motivational workshops to all S4 pupils ahead of their prelim exams at Queen Margaret Academy in Ayr...
 
Read more...

The Team

ActionCOACH is a team of committed, positive and successful people who are always striving to be balanced, integral and honest...
 
Here is how the team at ActionCOACH can help you solve your Top 5 Business Challenges.

Derek's  Deliberations

Derek Mair ActionCOACH Business Coach
 
The basic premise to managing your time...
 
Accept - you will never be able to do everything you want... because there is just too much to do.
 
Purpose - the driving force behind managing your time is to accomplish your ultimate goals.
 
The very worst use of your time is to do things well that don't really need to be done at all. The Pareto Principle (the 80/20 rule) states that 20% of your activities will account for 80% of the value of your activities. This means that, if you have a To-Do list of ten items, two of those items will be worth more than the other eight items altogether.
 
So concentrate on those activities that contribute the greatest value in pursuit of your goals: Stop procrastinating and prioritise...
 
The best way to prioritise is to determine the potential consequences of doing something or not doing something.
 

Have a fantastic and profitable week
 
Derek
 
Derek Mair, Director of Business Coaching

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Main Article 

Time is precious in businessGetting the most out of these 'Tougher' times - 
 
It's 8am on Monday morning. You had a great weekend and wish it didn't have to end. Last week was finished with a bang but today you just don't feel the same motivation to win. As a result you walk in the office and immediately read your mail. Then you talk to a colleague for an hour while sipping coffee. It's almost time for lunch. There is really no time to start some priority tasks before lunch so you catch up on some e-mails. You're back at 1:30pm and realize you have a couple of letters to write... and it's time to go home. What did you really achieve today? You can't afford any more days like this one. But how do you stay motivated all the time. Is it possible?
 
Motivation is functionally defined as possessing the self-discipline to do what you need to do when you
need to do it. Of course everyone is motivated. A golfer is motivated to practice his golf swing. A marathon runner is motivated to run. A child is motivated to eat candy anytime it's available. The trick is to motivate yourself to do the things you know you should be doing even when you don't feel like doing it. You'd work 20 hrs. a day if you were starving. Right now you just aren't hungry enough. Experiencing a lack of motivation frustrates us all. But here are a couple of tips that will help you stay motivated to do the things you need to do. Successful people do the things less successful people refuse to do.
 
4 WAYS TO MOTIVATE YOURSELF
 
1) Make time psychology work for you. If you have ever taken a time management course before, you have learned how to pack more into less. But have you ever noticed how difficult it is to leave a project or job incomplete? You can play on this psychology of completion by writing out a things to do list before you go home at the end of the work day. Chances are if you don't know exactly where to pick up where you left off, you'll have to start over. Tonight, before you leave the office lay out 5 calls you need to make tomorrow morning. 
 
2) Give yourself daily and hourly
goals. Very few of us have the ability to stay disciplined all the time. Yet studies have shown that a big difference between those who succeed and those who fail is constant and concentrated activity. Big hitters report such behaviors as not taking lunch until they make a pre-set number of phone calls. They don't allow themselves to play golf until they sell a certain number of units or complete certain tasks. Sure they make sacrifices. But in the meantime they also move toward thier goals. Most who practice this method of self denial say that when they do earn a lunch or a golf game, the taste is very sweet when linked to successfully accomplished activity.
 
3) Make it a game. When you take your work  too seriously, it becomes drudgery instead of enjoyment. Most top producers mention that their
income takes a back seat to how much fun they have on the job. Interestingly, many poor producers look at their paycheck as being the biggest motivator. The problem is that your sales production will fluctuate. You may go from a "who's who" to a " who's he" in the space of a year. For example, 'play' more often with your best customers. Send out birthday cards to prospects or customers you care about. See how many phone calls you can make in an hour or a day without caring particularly about the result.
 
4) Burn out is a key factor in maintaining motivation. A great way to avoid the symptoms of burnout is to link rewards to activity instead of success. One way to kill motivation is to increase your frustration and isolation. You have probably at one time already done this by withdrawing from the people in your life you love. But a great way to create motivation is to give yourself a reinforcement gift that comes as a result of superior effort. Effort always results in success if it is maintained.
 
FEAR OF SALES SLUMP?
 
No other recession has done as much damage to your sales as this one. But the power a recession possesses
lies in the perception of the producer. Here's a question. Is your sales volume down this year over last? If yes, is your activity down as well? If you said no, you're among the lucky few. The truth is, someone's doing business out there and I want it to be me. The casualty of this recession is activity. Most people buy into the perception that it really tough out there and everybody is cash poor. So why not wait it out until the recession is over. This philosophy is flawed. Many businesses make more money during a recession than any other time. The home improvement do-it-yourself industry is a good example.
 
The truth is apparent. It is tougher now than a year ago. But are you making it worse on yourself ? If you have risen to the occassion and increased your activity in proportion, congratulations. You are in the minority. IF YOUR ACTIVITY HAS NOT INCREASED BY AT LEAST AS MUCH AS YOUR SALES HAVE DECREASED, YOUR RECESSION WILL LAST LONGER THAN IT SHOULD. 
 
All of this relates back to motivation. Complacency is the killer. Discouragement is the distraction. It becomes all too obvious during the down times. The answer lies in sticking even closer to your  game plan than usual. The more sophisticated your business, the greater the need to stick to a daily activity plan. The greater you need also to give yourself daily incentives to maintain that momentum.
 
Success is never forever and failure is never fatal. Make this tough period a time that produces renewed motivation in you to thrive rather than an excuse not to act. Someone's getting business, why shouldn't it be you.
 
This Week's Challange
 
Click on the link to take the super quick Self Mastery Time Management Survey
 
This survey will allow you to assess yourself against some of the self management techniques practiced by the most successful people on the planet. It is completely confidential and can be used again and again to assess your improvement progress.
 
 
Quote of the Week 
 
Procrastination is the thief of time... Don't count every hour in the day; make every hour in the day count!
                           - Unknown Author
 
 
If you would like to learn more about the benefits that business coaching can make to your business and in turn to your life style, CALL US TODAY on 01292 319799