Sunday, May 26, 2013

Time Wasters or Money Makers?

If you feel like you put a ton of effort into your direct sales business and you are getting very little in return, then it’s time to evaluate your business habits. It has been proven over and over that the success of your home party plan business depends directly on specific action steps that produce results. Are the actions you spend your time on TIME WASTERS or MONEY MAKERS?

Taking a good, long look at where you spend your time may be an eye-opener. 80% of your time should be spent on income-producing tasks and 20% on management tasks. Are you spending all of your time planning for success instead of actually succeeding?

Money Making Actions

Money- making actions do just that, they directly produce income either immediately or in the very near future. Obviously the best money making task is holding shows. However, any tasks directly related to generating income, such as making booking calls and customer follow-up calls, are money-making actions as well.

Time Wasters

There are several time-sucking activities that can cleverly trick you into thinking you are actually working your business when in reality you are wasting several hours preparing for what you need to do. “Office Work” is imperative in running a successful business but if you are spending 90% of your time filing, organizing, making customer lists and deciding who to call then you have fallen victim to the time wasters.

So take a few minutes to reflect on your actions. Remember to stay focused on what will bring the greatest return for the time and energy you put in. Stay tuned for some great time management tips that will help you stay on track!

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