Focus And Personal Profitability-00-6133

By Author: Dave Crenshaw
Total Articles: 4393
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In an unstable economy, it is natural for people to be concerned with how much money they make and also their job security. What they may not realize is that both their personal profitability and their professional longevity depend in large part on one of the Six Invaluable factors which is their ability to focus.

In many of the discussions that I've had with my coaching clients throughout the year, one thing has remained constant. Those who focus on their most profitable activities are the ones who are the most stable financially and professionally. Those who over-diversify themselves and do not minimize switchtasking are always playing a catch-up game both with their time and with their finances.

Begin being more focused with your time by determining your most profitable activities. Here are a few steps that should help you get on track with your activities and be more focused:

1. List Your Tasks. Make a list of all the different jobs you perform in an average workday. Options may include sales, filing, managing employees, or filling out paperwork. Make sure ...
... you include work activities that may not be related to your primary job. For instance, if you have a hobby profession or a side business, you must include those other activities. After you've completed this list, take a look at how many different types of activities you have. If you have more than five or six, that is a good sign that you are spreading yourself too thin.

2. Highlight the Most Profitable Activities. Highlight or circle the two activities that are most profitable. By most profitable, I mean most difficult to replace, Invaluable; if you are not doing these activities, you would need to pay someone else too much money to do them in your stead. A synonym for profitability is usually irreplaceability. The more difficult it is to replace you in a particular work activity, the more profitable the activity is for you. Typically, these are areas in which you are gifted or highly experienced and highly trained.

3. Determine Time Spent. Determine how much time you are spending in those most profitable activities. Do this by writing down the number of hours you work in an average workweek; include travel time to and from work, and time spent working at home. Add up the estimated number of hours that you spend in your most profitable activity. Divide those hours by the number of hours you work, and you will have the percentage of time spent in your most profitable activity. (If your number is less than 60%, you may want to strongly consider a 2Day Productivity Miracle Boot Camp.)

4. Budget Time. Finally, budget time in your calendar for your most profitable activities. Start by increasing the time you spend in those activities by 25%. Schedule that increase into your workweek and make a commitment to follow through on your improved schedule. Making yourself accountable to someone for this revised schedule will greatly improve your likelihood of success.

About the Author:

Dave Crenshaw is the President of the National Association of Productivity Coaches. His book, The Myth of Multitasking: How ‘Doing It All' Gets Nothing Done, has been published in six languages and is a time management best seller. His next book, Invaluable: The Secret to Becoming Irreplaceable, will release in all major bookstores in May 2010.

So, do you want to get more money-making work done, add thousands to your bottom line, and finally have the free time you've only been dreaming of? Get your free coaching videos at www.InvaluableInc.com.

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