Have you ever had the experience of
looking back on your week with the sinking feeling that you didn’t get as much
done as you’d hoped? When building a successful career or a business of your
own, your time is perhaps your most valuable asset, and your income is a direct
result of how you spend your time. You cannot buy any more time than you’re
given, and the clock is always ticking. A few years ago, I discovered a simple
system that allowed me to nearly triple my productivity, and in this article
I’ll share some very practical ideas you can apply right away to increase your
effectiveness without working any harder than you do now.
Keep
a Detailed Time Log
The first step to better managing
your time is to find out how you’re currently spending your time. Keeping a
time log is a very effective way to do this, and after trying it for just one
day, you’ll immediately gain tremendous insight into where your time is
actually going. The very act of measuring is often enough to raise your
unconscious habits into your consciousness, where you then have a chance to
scrutinize and change them.
Here’s how to keep a time log.
Throughout your day record the time whenever you start or stop any activity.
Consider using a stopwatch to just record time intervals for each activity. You
can do this during only your working time or throughout your entire day. At the
end of the day, sort all the time chunks into general categories, and find out
what percentage of your time is being spent on each type of activity. If you
want to be thorough, do this for a week, and calculate the percentage of your
total time that you spent on each type of activity. Be as detailed as possible.
Note how much time you spend on email, reading newsgroups, web surfing, phone
calls, eating, going to the bathroom, etc. If you get up out of your chair, it
probably means you need to make an entry in your time log. I typically end up
with 50-100 log entries per day.
You may be surprised to discover
you’re spending only a small fraction of your working time doing what you’d
consider to be actual work. Studies have shown that the average office worker
does only 1.5 hours of actual work per day. The rest of the time is spent
socializing, taking coffee breaks, eating, engaging in non-business
communication, shuffling papers, and doing lots of other non-work tasks. The
average full-time office worker doesn’t even start doing real work until
11:00am and begins to wind down around 3:30pm.
Analyze
Your Results
The first time I kept a time log, I
only finished 15 hours worth of real work in a week where I spent about 60
hours in my office. Even though I was technically about twice as productive as
the average office worker, I was still disturbed by the results. Where did
those other 45 hours go? My time log laid it all out for me, showing me all the
time drains I wasn’t consciously aware of — checking email too often, excessive
perfectionism doing tasks that didn’t need to be done, over-reading the news,
taking too much time for meals, succumbing to preventable interruptions, etc.
Calculate
Your Personal Efficiency Ratio
When I realized that I spent 60
hours at the office but only completed 15 hours of actual work within that
time, I started asking myself some interesting questions. My income and my
sense of accomplishment depended only on those 15 hours, not on the total
amount of time I spent at the office. So I decided to begin recording my daily
efficiency ratio as the amount of time I spent on actual work divided by the
total amount of time I spent in my office. While it certainly bothered me that
I was only working 25% of the time initially, I also realized it would be
extremely foolish to simply work longer hours.
Here’s the formula:
Efficiency ratio = time doing real
work / time spent at work
Reduce
Your Work Hours to Force an Increase in Efficiency
If you’ve ever tried to discipline
yourself to do something you weren’t really motivated to do, you most likely
failed. That was naturally the result I experienced when I tried to discipline
myself to work harder. In fact, trying harder actually de-motivated me and
drove my efficiency ratio even lower. So I reluctantly decided to try the
opposite approach. The next day I would only allow myself to put in five hours
total at the office, and the rest of the day I wouldn’t allow myself to work at
all. Well, an interesting thing happened, as I’m sure you can imagine. My brain
must have gotten the idea that working time was a scarce commodity because I
worked almost the entire five hours straight and got an efficiency ratio of
over 90%. I continued this experiment for the rest of the week and ended up
getting about 25 hours of work done with only 30 hours total spent in my
office, for an efficiency ratio of over 80%. So I was able to reduce my weekly
working time by 30 hours while also getting 10 more hours of real work done. If
your time log shows your efficiency ratio to be on the low side, try severely
limiting your total amount of working time for a day, and see what happens.
Once your brain realizes that working time is scarce, you suddenly become a lot
more efficient because you have to be. When you have tight time constraints,
you will usually find a way to get your work done. But when you have all the
time in the world, it’s too easy to be inefficient.
Gradually
Increase Work Hours While Maintaining Peak Efficiency
Over a period of a few weeks, I was
able to keep my efficiency ratio above 80% while gradually increasing my total
weekly office time. I’ve been able to maintain this for many years now, and I
commonly get about 40 hours of real work done every week, while only spending
about 45 total hours in my office. I’ve learned that this is ideal for me. If I
try to put in more time at the office, then my productivity drops off rapidly.
The interesting thing is that the system that allowed me to optimize my
effectiveness at work also created a tremendous amount of balance in all other
areas of my life. Even though I was able to use this approach to triple my
business productivity, I still gained plenty of time to pursue personal
interests.
Time logging is the intelligent
choice to ensure optimal productivity without increasing your hours. But time
logging need only be done periodically to provide these benefits. I do it for
one week every 3-6 months, and over the years it has made a huge difference for
me, always providing me with new distinctions. If I go too many months without
time logging, my productivity gradually drops as I fall back into unconscious
time-wasting habits. You’ll probably find as I do that your gut feelings about
your productivity are closely related to how much real work you actually get
done. When you feel your productivity is lower than you’d like, raise your
awareness via time logging, measure your efficiency ratio, and then optimize
your efficiency to boost your productivity back up where it belongs. Time
logging is a high leverage activity that takes very little time and effort to
implement, but the long-term payoff is tremendous.
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