The Top 10 Benefits of Time Management

Time management is the key to success 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 start managing your time effectively.

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 start managing your time effectively and increase productivity by spending more time doing what you’re great at.

Discover 8 time management tips to manage time time effectively.

What is time management?

Time management means 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 the process of organising and leveraging your time so you can divide your time between your most important activities.

The objective of time management is to maximise the time spent on your most important activities.  Being effective helps you reduce time on unimportant work and have more time for important work.

Good time management enables you to work smarter, not harder and achieve your goals in less time 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. 

Examples of time management skills include prioritising, goal setting, delegation, scheduling, decision making, simplifying and creating time leverage.

Discover the importance of time management.

Take control of your time, and get your most important work done every day simply and easily.  Download my Free Daily Planner so you can start achieving bigger results in less time and have a productive day, every day.  

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 at work 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 good time management at work is that you can work less and achieve bigger results.  Effective time management skills increases your performance and productivity at work.  When you learn to take control of your time, through good time management, you can be more productive and get more of your important work done in the simplest and easiest way.   Discover the importance of developing time management skills.

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.  Learn more about how to overcome stress at work.

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.  Read more about to create a better work-life balance. 

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.  Read more about how to improve focus.

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.  Read more about how to prioritise better. 

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.  Learn how to improve your time management skills. 

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.  Read more about removing distraction in the habits of highly productive people. 

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.

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The quickest way to take control of your time is to track your time so you can transform how you spend your time in the future.  Get free access to my 5-Day Time Transformer Challenge when you sign up to my newsletter.  Track your time.  Transform your time.  Get more time back. 

Productivity and time management coaching program

I run a 90-day time coaching program for entrepreneurs, business owners and leaders who want to free up more time to achieve bigger and better goals. During your time coaching program, you’ll develop the habits, skills and capabilities to free up 20 hours of time each week so you can spend more time on your most productive work, and have more time for the people that matter at home. 

You’ll learn to clarify your goals, plan the ideal week, identify your biggest strengths, be more productive and stay on track each day to achieve higher levels of performance.  If you want to free up more time to spend on the activities you love to do and that produce the biggest results, book a 30-minute clarity call with me.  You’ll come away with a proven plan to increase your time freedom and achieve your biggest goals.

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Read also:

The importance of time management: 10 ways it matters 

8 time management tips to manage time effectively 

How to be more productive: 9 productivity tips 

Now I’d love to hear from you. 

What’s the number one benefit of time management for you? 

What’s your number one obstacle when it comes to your time management? 

Let me know in the comments.

About the Author

Mark Pettit is the Founder of Lucemi Consulting and a small business coach to business owners and leaders who want to free up more time so they can achieve bigger and better results. 

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