Time is very important!! Whether you are the world’s richest person or broke and out of work- time is your most valuable resource. When you eat right, working out and driving carefully, you might improve your time on earth by a couple of years, but only a few. So in order to achieve the things you need to achieve in life, it is important that you handle the time you may have wisely.
The foundation of any personal time management system is daily preparing. Over 30 years back, at the outset of my business profession, I read publications and heard numerous tapes concerning how to be better at product sales, inspiration, discussing, and so on. On one of those tapes I heard a story which has had a great positive influence on my well being. Within that story was actually a time management planning method that amazed me a lot which i instantly adopted it for my own use and possess continued to utilize it to my benefit to this day. It’s known as…
About 1905, Charles Schwab was Leader of the then fledgling Bethlehem Metal Company. The little metal company was having difficulties because of its inefficiency and bad product sales.
Mr. Schwab was needless to say an extremely busy man and had very little time to waste with sales agents. One day Mr. Ivy Lee (an organization advisor) produced a contact on the company and requested if he might have a few minutes of Mr. Schwab’s time. He was met with reluctance but persisted and was given a brief interview using the hectic business executive.
“Okay” Mr. Schwab said “What do you have in mind?” The positive Mr. Lee informed Schwab which he would allow him to spend only quarter-hour with him and each of his supervisors he (Lee) could boost the efficiency of his entire company which Schwab and his managers would learn to “handle much better.”
The indignant Schwab stated, “I’m not managing as well now because i know how? Whatever we require about here is not more “knowing” but more performing, not information but action! If you can provide us with some thing to pep us approximately carry out the things we Currently KNOW we must do, I’ll happily pay out what you ask.”
“Anyway, what exactly do you propose to charge me to your solutions?” asked Schwab. Mr. Lee responded, “Nothing, unless of course it really works. I am going to supply the services as well as in 90 days you can send out me a check for whatever you decide to feel it was worth to you.” Mr. Schwab, thinking he had little to shed, shook Lee’s hand and also the deal was made.
Lee certainly invested no more than quarter-hour with Schwab and each and every of his managers. Each and every conference Lee asked every supervisor to perform these:
At the conclusion of each day these people were to:
o Write down the six most important things for the following day.
o Mark the most crucial product having a amount one the second most important with a two and so forth until all were marked.
o First thing the next morning, start operating on the job noted number one and upon finishing that job, check from the completed product and instantly begin on the next amount till every item were completed.
Just a few weeks approved when Lee obtained a letter from your Bethlehem Steel Company. In the envelope, Lee found a check in the volume of $25,000.00 along with a note from Schwab stating the session was probably the most lucrative coming from a money perspective he experienced actually learned.
You think that possibly efficiency and sales had increased at Bethlehem Metal? Within the five-years that followed, Schwab turned the unidentified Bethlehem Metal Company in to the largest independent steel manufacturer inside the world and Schwab was a millionaire 100 times more than. Charles Schwab took over as the best known metal man alive during those times.
Incredible, was I impressed when I first noticed this story. I figured if Charles Schwab, one of the best entrepreneurs of his day, was ready to pay so much cash for this particular advice then why shouldn’t I prefer additionally, it and I’m in great company.
When I was doing time management planning research in early 1990’s and located in Carrollton, The state of texas, I was trying to find the “$25,000.00 Concept” story but was using a tough time discovering it. During those times the internet was not offered to me but a buddy explained that Mary Kay Ash frequently told that tale in her speeches. The Mary Kay Company was just a couple of kilometers from my apartment and that i passed by it each and every day entering Dallas. Therefore I found the phone and known as Mary Kay’s workplace. I did so not get talk to Mary Kay however i performed be able to describe my problem to her associate.
Mary Kay was kind sufficient to fax us a duplicate of her notes about “The $25,000.00 Concept”. Years later in her book “You Can Already Have It All” Mary Kay referenced the history and stated the following:
“I made the decision I would personally abide by it, as well. Each night, I assembled my list for the subsequent day. If I don’t get some thing on my own list accomplished, it goes on the next day’s list. I place the hardest or most unappealing task in the fiybab of the list. In this way, I tackle probably the most difficult product initially, and as soon as it’s out of the way, I feel my day is away and off to an excellent start.” Not merely performed Mary Kay utilize this time management system but she recommended her thousands of sales agents to set it to utilize also.
One final note
Dr. Robert Schuler had a easier edition of time management that simply says… “Ask yourself what is the most essential thing you should accomplish, and what exactly are you performing regarding it today?”