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ENTREPRENEURSHIP DEVELOPMENT STUDIES 111 Time Management

Entrepreneurship development studies 111

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ENTRPRENEURSHIP DEVELOPMENT STUDIES ON TIME MANAGEMENT

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Page 1: Entrepreneurship development studies 111

ENTREPRENEURSHIP DEVELOPMENT STUDIES 111

Time Management

Page 2: Entrepreneurship development studies 111

Lecture Contents

Time Defined Features of Time Time Management Benefits of Time Management Time Planner Enemies of Time Management Procrastination Tips for End of Semester Examination.

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Introduction

Time is possible to manage. We cannot change time. There are always seven days in a

week, twenty-four hours a day, sixty minutes in an hour,sixty seconds in a minute, and 86,400 seconds in one day.

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Introduction cont.

It has been said that "Time is Money" -- but I disagree.

When you think about it, isn't Time really LIFE?

At the end of your life, can you even imagine saying to yourself, “

I wish I'd made more money?"

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Introduction cont.

It's more likely you'd be thinking "I wish I'd had more TIME –

Time to spend with my loved ones, time to enjoy life more,

time to take that special vacation etc.

What we can do, is use our time effectively so that we succeed in our professional and personal lives.

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Meaning of time.

Time is the 24 hours blessing given to every one on the surface of this earth that God .

Time is the same every where in the world but varies due to some geographical boundaries.

It is the most valuable commodity we all have in the same quantity and measure.

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Features of Time

Time cannot be bought and stored It is impossible to increase time The passage of time is constant and

cannot be borrowed, leased or lent. Time is a valuable capital asset Time is more valuable than money Time is infinite & scarce In fact time is life.

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Time Management

Time management means being in full control of your time and task ahead of you rather than allowing them to control you.

In other words allocating time effectively for every task you have for each day and accomplishing them efficiently.

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Time Management cont.

A better use of this singular most valuable and limited resource can only be achieved through conscious, continuous and consistent time management which enhances productivity.

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Time Management cont Cont. To manage your time effectively, you must use a planner which

involves : Setting of goals, Taking corresponding actions to back

up your goals, evaluation of your performance Adjustment of plans and actions when

necessary

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BENEFITS OF TIME MANAGEMENT

Accomplishment, fulfillment and fruitfulness

Gains life Brings dignity to your life Makes you stand out as a star among

your peers Satisfaction in old age God is pleased with you.

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Tips for Good Time Management

be aware of where what takes your time. Analyze activities into groups each day Create a New Daily Routine Prioritize and stay focused Work with Your Energy Cycles Reduce interruptions by creating stronger boundaries Separate your work from your personal life. Remember, you're only human Don't procrastinate.

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Enemies of Time Management

Time Robbers: the greatest enemy of time management is called “time Robbers” a terminology used to describe the many sided wasters of the available time.

. A careful analysis of time robbers shows clearly that we steal our own time.

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Time wasters

A time waster is something that occurs in the day that is not necessary to your day. And if it did not occur, you could have quite possibly gotten something else done in its place.

A time waster prevents you from accomplishing some goal.

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Time wastersCont.

Self – Imposed and System – Imposed time wasters.

self – imposed time waster: - visiting with friends, talking on phone, listening to music, watching of television, computer games, e – mail, lack of planning, day dreaming, not being able to say no, alcohol, recreational drugs, not following instructions, making avoidable mistakes, poor reading concentration etc.

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Time wastersCont.

System Imposed Time Wasters: these are activities people engage you with that steal your time. E.g. over – long visits, phone interruptions, music / noise, waiting delays, roommate problems, unclear assignments, too many demands other peoples problems, mechanical failures, illness or fatigue, lack of authority, emergencies, family meetings etc.

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Procrastination

Procrastination is the avoidance of doing a task, which needs to be accomplished. This can lead to feelings of guilt, inadequacy, depression, and self .

Procrastination has a high potential for painful consequences.

It interferes with ones` academic and personal success .

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Why do Procrastination

Poor time Management Difficulty in concentration Fear and anxiety Negative beliefs e.g. I cannot succeed. Personal problems, finding the task

boring , failure and unrealistic expectations and

perfectionism

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Tips to Help You Overcome Procrastination.

Reward Yourself for Not Procrastinating Give Make Procrastination Unnecessary: put Prioritize the Tasks That Cause You to

Procrastinate Don't Give Yourself an Excuse to Procrastinate Recognize self –problems Motivate your self to

study: dwell on success, not on failure Try to study in small groups so others can keep

you motivated. Set realistic goals for you to accomplish. Modify your environment eliminate or minimize

noise and distraction. Ensure

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Preparing for the Semester Examination  At the end of the semester, a

standard three – credit course may have covered over a thousand pages of text, forty or more hours of lecture notes and hundreds of definitions or problems. It is easy to see how you can feel overwhelmed by volume of material to be learned. Where do you begin?

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Preparing for the Semester Examination Cont.

First, develop a game plan: creating a plan for the final exams will help you to face finals more confidently.

List all the courses you currently have to take a final exam in.

Then think in terms of your goal, what grade do you want to get out of the course,

Identify and select the most important materials find out about the exam and what

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Preparing for the Semester Examination Cont.

will be covered on it. use your course outline, table of contents, from your textbook and old tests, assignments. Integrate information from your reading and lecture notes.

Explain information in your own words. This will improve concentration and provides feedback about how well you understand the material.

Know when to quit studying.

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End

THANKS & God`s Grace