10 20 30 40 and 1 2 3 4 asGuidelines to HelpHome Based Business Owners
Introduction
Notice this simple equation10% + 20% + 30% + 40% = 100%
Due to the previous equation then the following is true10% Management20% Marketing30% Administration40% Production10% + 20% + 30% + 40% = 100% Total time in a week or month
These proportions are useful guidelines for the use of timeof a person with a home based business.
These are just ideal guidelines that point toward balance. So they are not ridged rules.
Typically a person will prefer one or two sectionswhile neglecting one or two others.So this is a way to help a solo business owner notice their tendency to imbalance and correct it.
Application
These headings can be used as general headingsto organize files on the computer and in the filing cabinet.
Learning to think this way will help to sift through the over abundance of informationthat is online, in books, in periodicals, at conferences, etc.
A home based business owner can use the template below or adapt their own.This can serve as an orderly way to collect and use all kinds of ideas.The new ideas can be given a priority at first and adjusted as needed.The priorities are 1, 2 and 3 with 1-1 as a way to indicate tiptop priority.
The home based business owner can put all kinds of items into this system.Beside each heading is a link to a mind map for 10, 20, 30 and 40.Those mind maps have general and specific suggestions
Sooner than later there will be far more possible actions than can easily be done.This is a device to capture and review short, medium and long term goals.Milestones with prioritized projects and tasks can be managed here.So the challenge becomes how to turn the many possible plans into practical actions.One way to do this is to choose about 100 hours of work using 10 + 20 + 30 + 40 = 100.Then from that 100 hours choose 10 hours to focus on immediately.Track the time used on the 10 hours in a time management system or on paper on spreadsheet.One advantage of using a spreadsheet is that color codes can be used for each type action.Then looking at a day or week it is easy to notice how the time was spent by glancing at the colors.
100 hour slices based on 10 20 30 40 divisions
10 hour Management
20 hours Marketing
30 hours Administration
40 hours Production
10 hour slices based on 10 20 30 40 divisions
1 hour Management
2 hours Marketing
3 hours Administration
4 hours Production
10 Management
priorities
.
.
.
.
20 Marketing
priorities
.
.
.
.
30 Administration
priorities
.
.
.
.
40 Production
priorities
.
.
.
.