Time Management

Charles Schwab was one of the greatest entrepeneurs of the 20th century.

One day, however, he was taught a lesson that even he found impressive.

A consultant by the name of Ivy Lee approached Schwab and said that he had an idea that would literally transform both his life and that of his company, Bethlehem Steel.

Ivy told Schwab that he did not have to pay for this idea. If he found it useful, then he could pay Ivy the sum that he thought warranted the idea. Schwab agreed to this deal.

Ivy Lee's idea was simple. Everyday, take six tasks that need to be done. Place them on an Index card and try your best to complete these tasks during the day.

More importantly, place these six tasks in an order according to importance and start by trying to complete the first task and then move on to the second and so on.

This idea proved effective for both Schwab and his business. He paid Ivy Lee one million dollars for it.

Time is our most valuable asset. If you learn to master just one area of your life, master Time Management because by doing so you will create opportunities to soon master other things as well. One of the main reasons that people fail with time management is that they focus on doing tasks that are not beneficial and do not take them to where they want to go. Follow Ivy Lee's advice and focus on completing the six key tasks that you need to do most. Once that is done, the rest of the day is simply your reward for being so productive!