Become a master of time: Six entrepreneurs on how to make the hours in a day work for you

Many entrepreneurs wouldn’t even blink at the idea of an 80-hour work week, but when it comes to making time for the most essential of tasks like sleep, the stats don’t weigh in the business community’s favour.

The costs of a lack of rest are significant; just this week, a Deloitte Access Economics report estimated the economic impact of inadequate sleep in Australia is a $7 billion annual drag on employers.

Running a business is a natural juggle, but according to time management expert Laura Vanderkam, many people overestimate the number of tasks they “have” to do in a day.

In her TED talk last year, Vanderkam explained how time is elastic; it will accommodate the things we prioritise, but we can only make it work for us through conscious decision making.

“Time is a choice,” she explains, suggesting that your time can be better used if you look into the future and identify where you would most like to spend it, and for what result.

From understanding how long to spend on a company blueprint to dealing with the troubles caused by micromanaging, mastering time is something all business operators and entrepreneurs have to grapple with. Read more

Emma Koehn - Smart Company -  11 Aug 2017