Small Business Online: Thriving in a Virtual World

The Richest Commodity: Time

Time management is probably the number one most effective success building tool for any small business or entrepreneur. Without it, creating long-term success is like trying to catch that elusive brass ring on a merry-go round. Round and round you go, just hoping to grab that ring (and more than likely missing it over and over). If you can put a reliable time management system into place from the beginning, however, week after week you get to avoid some pretty big pitfalls. What kind of pitfalls? Let’s start with missed deadlines.

There’s no way around it, deadlines are hard to manage if you work on your own. Projects and clients can easily start to become a blur during busy times. And if you get busy enough and are lucky to have a team – or need to hire subcontractors to contribute to one or more projects – well, you get the picture. People and tasks and timing can get pretty overwhelming. The sooner you have a flexible mechanism in place to help you make sure that project benchmarks are met and things stay on track, the better.