How to Add An Extra Hour to Your Day

Do you find yourself struggling to meet daily deadlines? Are you pounding caffeine into the wee hours of the night finishing projects? Would you like to have an extra hour to just relax or spend time with your family?

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Here are some suggestions for squeezing out 60 more minutes daily:

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1. Get up an hour earlier. Ok, this one hits us night owls the hardest, but the simplest way to get an extra hour is to start an hour earlier. It may take time to get used to this routine, but as B-Franklin said, ?Early to bed, early to rise, makes a man healthy, wealthy and all that good stuff.? Who wouldn?t want that? Plus, getting up an hour earlier makes you want to go to bed earlier. It?s virtuous cycle.

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2. Spend at least one hour per day on professional development. Wait, you?re saying this doesn?t get you an extra hour. This is a trick! Ok, while technically it doesn?t give you an extra hour ? it helps you take charge of the hours you have. Blocking out 60 minutes for listening to inspiring audio programs during your commute or reading up on industry trends will help you ?sharpen the saw? and better serve your clients. Keep a basket or file of interesting articles and dedicate time each day to reading them. (You can even have your assistant put together a reading list for you from the current periodicals.) Something you read in your research might help you solve a clients? problem more quickly. Carving out time for self-improvement is a worthwhile investment ? and long-term time saver. When you?re on top of your game ? time expands, right?

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3. Say no to email. If you check your email reflexively every morning, and then throughout the day, you?re probably killing at least an hour. Email guru Monica Seeley recommends declaring email bankruptcy (throwing out or archiving your old emails never to be seen again). Next, prevent emails from coming to you by unsubscribing to unneeded news alerts . Any effort spent on reducing the amount of email you receive will help you tenfold with your maintenance efforts and important communication. Designate certain time blocks of the day for responding to email (and voicemail.) Then leave your inbox alone outside of those times.

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4. Take a chat room holiday. Ok, admit it. You have a favorite online hang out. For some of us, it?s a favorite financial or political blog or sports message board. Others wile away the hours on Twitter, Facebook or Pinterest. They are all very fun. But you could probably save at least an hour a day by avoiding these places altogether. Try your ?holiday? out for a week and see what happens. I spoke with a financial advisor years ago who became much more productive when he stopped hanging out at the Texas A&M football blog. Whatever it is that?s eating up your time, take a break from it and watch your productivity soar.

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5. Delegate. If you can have your assistant handle phone calls or trade entries or dealing with compliance routines or copying documents do it. Don?t work on any tasks that aren?t worth the amount you charge per hour. Most likely you?re not charging clients per hour. How do you determine how much each hour you?re worth? Simply take the number of hours you work per month and divide by your monthly revenue. It should be eye opening when you realize that you earn well over $100 per hour. Any task not worth that, you shouldn?t do.

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6. Plan. Spending at least 20 minutes per day planning can easily save you an hour per day, when you combine that with goal setting. What you measure gets done. Moreover, when you take the time to plan, you begin to focus on your highest priority activities and relationships. You may have a lot of B and C clients who are taking up a lot of your time. By actively planning to spend your time more effectively, you?ll gain control over your practice, and your life. Moreover, you?ll gauge your opportunities with an eye toward time. At the end of the day ? time is money.

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Related posts:

1. Top 7 Signs Your Client Is About to Leave You ? #4 They?re Attending Happy Hour Events for High-Speed Traders Nothing screams ?short-term relationship? as much your client developing his own arbitrage algorithms, jetting off to high-frequency trading symposia, and yukking it up with speed traders at their fast-paced socials. In fact, he?ll probably leave you in a microsecond right after he liquidates his entire portfolio at day?s end, right?...???

Source: http://riacentral.com/2012/11/08/how-to-add-an-extra-hour-to-your-day/

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