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Improve Time Management – Is it the Best Strategy?

The key to success in business isn’t to improve time management. In fact, it’s flat out impossible to mange time. Trying to manage it is a recipe for running faster and faster without really getting anywhere.

No matter how you slice it there’s 24 hours in a day, 7 days in every week and 52 weeks in a year. Time isn’t manageable. You can’t save a Monday afternoon and magically add it to Saturday. Time rolls along at a steady pace. It’s the nature of the beast.

More and more is being written about how to improve time management while people feel like they have less and less time. Attempting to manage time is proving to be a mug’s game. Dictionary.com defines a mug’s game as: a foolish, useless, or ill-advised venture.

Entrepreneurs need to look elsewhere for workable solutions. Growing your business and building a company does require a fair amount of work. The strategy you choose has to be effective or you’ll wind up driving yourself a lot harder than you need to.

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Comment by John Cameron on May 14, 2014 at 11:21am

Elon's strategy works in some applications. I've been there. In other applications, like building a strong profitable company it can be counter-productive. That's where the venturi concept described in the article excels.

Comment by Marshall Makombe on May 14, 2014 at 1:43am

That's an interesting way to look at it. I am still processing but I can pick a lot of sense in what you are saying. What is your take on Elon Musk's thoughts around time management - “Work like hell. I mean you just have to put in 80 to 100 hour weeks every week. [This] improves the odds of success. If other people are putting in 40 hour work weeks and you’re putting in 100 hour work weeks, then even if you’re doing the same thing you know that….you will achieve in 4 months what it takes them a year to achieve.” 

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