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Time management is important for every leader, entrepreneur and small business owner who wants to create better work-life balance and have more time to grow their business and have time with the people who matter most.  The benefits of time management are endless if you can develop effective time management skills and learn to manage your time.

The purpose of time management is to enable people to get more and better work done in less time.  In this article I’m going to talk about the importance of time management, the benefits of good time management and share 12 tips that will help you manage your time effectively and increase productivity by spending more time doing what you’re great at.

What is time management?

Time management is about being intentional and taking control of your time and energy and directing that focused time towards the activities, people and projects that create the biggest impact.  Time management is about leveraging time to be effective and productive on your most important activities.

Effective time management can help you work smarter, not harder and achieve your goals quicker and with less effort, whilst creating a better work-life balance.  Improving your time management skills in business and life allows you to focus more time on the things that are most important to you.

What are the benefits of managing time?

The benefits of managing time are simple. Good time management allows you to accomplish bigger results in a shorter period of time which leads to more time freedom, helps you focus better, allows you to be more productive, lowers your stress and gives you more time to spend with the people that matter most.

If you can learn to manage your time effectively, it becomes simpler to achieve bigger results and bigger goals in the easiest and most productive way possible.

The benefits of time management mean you can be more efficient and effective with the time you have, allowing you to focus you time on a smaller number of activities that produce the biggest results. 

The advantages of time management is that you can work less and achieve bigger results.  You can be more productive and get more of your important work done in the simplest and easiest way. 

Benefits of good time management 

Time management can benefit you in a number of ways.  Here are 10 benefits of time management.

1. Less stress 

Managing your time effectively can directly reduce your stress levels.  When you are in control of your time things become easier and there is less stress.   There are less tight deadlines,  Less running from meetings to meetings.

When we have no control of our time we get tired easily, feel overwhelmed, work longer and longer hours and multi-task just to stay on top of our long-to-do lists.

Being able to manage your time increases productivity, helps you sleep better and allows you to create a better work-life balance.

2. Better work-life balance 

One of the best benefits of time management is that, through managing your time better, you can create a better work-life balance.

Work-life balance is about creating a balance of time between your professional life and personal life.  For many people, they spend longer hours at work and less time at home.  This may cause them to miss important family events, arrive home late and constantly feel stressed and harried.

The biggest benefit of good time management is that you understand the true value of time and realise that you can achieve more in less time at work and have more time for the people that matter at home.

3. More time freedom 

Managing your time using effective time management techniques will help you free up more of your time to do more of the things that matter most to you.  This could be more time away from work to spend with family and friends or to pursue a new hobby or to invest time in something important to you.

More time freedom away from work will make you more productive, creative and energised in work.

4. Greater focus 

The most effective use of time is when we can focus on the projects, opportunities and people that matter.  Rather than trying to do everything and constantly play catch up, effective time management will help you focus your time on only a small number of productive activities.

This laser focus only comes from being clear on your goals and then identifying the small number of crucial activities to invest your time in.

5. Higher levels of productivity 

When you can focus your time and energy on results, you will be more productive.  If you focus your time on tasks and long to-do lists, your time will be filled up with stuff.

Identify a small number of crucial activities that produce big results and invest your time there.

6. Less procrastination 

We waste huge amounts of time procrastinating, rather than taking action.  When you are clearer and more focused on your goals and your biggest priorities it becomes easier to stop procrastinating

7. Things are simpler and easier 

Effective time management skills make things much simpler and easier.  When you’re in control of your time and know where to focus your time, you just know what to do.  Rather than feeling overwhelmed and frustrated with your long to-do list, you feel clear and confident about where to invest your time and energy to produce the outcomes you want.

8. Less distraction 

When your can manage your time you are less prone to distractions.  Rather than being pulled in a variety of directions you can schedule time more effectively and set better boundaries around your time.  Knowing exactly what to do and being focused on only the activities that matter will ensure you don’t get distracted.

9. You’ll have more energy 

When you have time freedom you have more energy, excitement and motivation.  When you are time poor, you feel there is not enough time and too much to do.  Effective time management gives you more energy and a feeling of time abundance rather than time scarcity.

10. Time to think

When you use effective time management techniques you just have more to think.  Time to plan, time to strategise and time to set goals that really matter.

Most people have their day filled with stuff, and have little time to sit back and think about what they really want to do and achieve.  Being in control of your time gives you the time back to just think.

Conclusion

Knowing how to manage your time is essential for every leader, business owner and manager.  Without effective time management skills you can waste time on non productive activities that don’t deliver the results you want.  

Time management is all about leverage.  Leverage time, leverage energy and leverage focus.  When you can focus on a small number of things that create the biggest impact and work with other people to help support you, it becomes much easier to achieve bigger results and reach your goals much quicker.

Read also:

The importance of time management: 10 ways it matters 

8 time management tips to manage time effectively 

Over to you.

What’s the biggest benefit of good time management for you?   

What’s your best tip for managing your time? 

Let me know in the comments.

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P.S. Whenever you’re ready….. here are 5 ways I can help you free up your time to grow YOUR business:

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