One of the things that I certainly struggle with is keeping track of my time and having enough time to get things done. It is often the case that I will spend a lot more time than I anticipated on a task and find that I am struggling to fit everything else into my day. I find it very difficult to change this pattern. However, there is one way that can really help you amend your decisions in order to gain more from your time. That is to keep a log of where you are spending your time.
Now this sounds like quite a mundane task to do, maybe even an unimportant one. Some of you may think I know where my time goes and I don’t need a sheet of paper to tell me. However, I would argue by consistently measuring where your time goes, there are a number of benefits.
1. It gives you time to make rational choices
Often when we are under pressure, time can seem like an unbelievably scarce resource. The stress of the task we are undertaking can take over from our ability to think clearly which makes us make rash decisions about our time in that mindset. By keeping a diary of where your time goes you can reflect back on what you have been doing away from any tasks. By doing this you should be able to make more rational choices regarding where you spend your time and put things in place to help you stick to it.
2. You can use it as an indicator of where to spend more or less time
One of the great benefits of building a picture of where your time is going is; you can really see what you have been doing. Recording all that data allows you to see exactly what you have been doing. If you can match these times up with your outcomes you should be able to make informed decisions about where you need to spend more time or where you may be spending too much time.
3. Keep an accurate measure of your income
In many industries, time is what you sell and even in other kinds of companies the effective use of time can cost you money. By keeping a time log of what you are doing, you will get a key insight into how much income you are making and how much potential you have for making more. Without knowing where your time goes it is difficult for you to make a truly accurate assessment of how well you are doing or how much more capacity you have to grow.
These three reasons give you an insight into the power of knowing where you spend your own time. By building up data about where you spend your hours in the day you can make rational and sensible choices about the tasks you do and the amount of income you can make. Without knowing where your time is going it is really difficult to develop yourself or your business.
So where does your time go? Are you on top of it all the time? Do you have any good ideas for measuring time?