When you are an entrepreneur you are your own boss. How many hours you work does not matter any more.

When you are an employee you can plotter around and achieve almost nothing but as long as you are in the office from 9-5 then you are ‘working hard’. However, when you are an entrepreneur it is all about results.

If you work 9-5 and get nothing done, then guess what, your income is not going to increase and you are going to end up poor. That is why it is important to increase your productivity.

I am currently reading the book ‘The 4 Hour Work Week’ and it has given me insights that have helped increase my productivity 300%. What took me 8 hours to achieve I can now achieve in just 2 hours because I have used one simple method to increase my productivity.

Here it is:

20% of the work you do will deliver 80% of the results

A lot of you will read this and go “yeh I know that” but yet you will continue to work 15 hour days online and achieve barely anything.

I see this all the time: Bloggers who work 8-12 hours per day and only produce one blog post per day. What do they do all day? They read emails, they go on twitter, they read other blogs, they play around on forums, they check their emails every 5 seconds. Now I am not saying that these things are not good and that they don’t work but most bloggers spend their time on the 80% that brings in 20% of the results.

Many bloggers work longer hours than me and yet produce less results. Don’t be one of those people.

Take Jason for example. Why is he not blogging at the moment? Because he understands that 20% of what he does will bring in 80% of the results. So he is focusing on those things that bring him a great return for time spent.

Here are some questions to ask yourself to determine what you should be doing and what is just a waste of time:

1. If you (by life or death) could only work 2 hours per day what would you do?

Say you had a heart attack or something and you could only work 2 hours per day for the next 3 months otherwise you would die. What would you do?

2. If this is the only thing I accomplish today will I be satisfied?

Ask yourself this question to really distinguish what is important and what is not important

3. Am I inventing things to do to avoid the important things?

Remember being busy is not being productive. If I can cut my hours to 2 hours per day instead of 8 then so can you.

Get serious about the 20/80 rule and you will see your productivity skyrocket and your business earning more from less work. Your business will be better off, your health will be better off, your social life will definately be better of and so will your love life. How is that for a deal.

 

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