Be Ruthless With Your Time
One of the things I’ve been going over with our new agents here is the idea of being a complete “Time Nazi”.
What would happen to your income if you lost a month out of the sales year?
Have you ever calculated the annual cost of allowing anyone to waste your time?
Let’s say you manage to spend 60% of your time selling. Because certain admin work is unavoidable. Leaking just 20 minutes daily equates to a month of lost selling time.
How Much Is Your Time Worth?
Check out this chart that shows your “hourly rate”.
Giving up time you might use to make more sales is like paying more taxes.
How Can You Minimize Time Leaks?
It sounds so simple: Be ruthless with your time. But it’s challenging: Because it’s hard to diagnose the leaks.
“If you cannot measure it, you cannot improve it.” – Lord Kelvin
So take a series of snapshots of how you spend your time.
Note necessary evils, for example:
- Order processing
- Post-sales support ensures smooth implementation and repeat customers.
Don’t short-change these sorts of activities.
Notice that sales productivity killers jump right off the page.
Invest five minutes for the next 10-20 business days. Activity tracking is dull, but it will pay big dividends. It isolates non-selling activities that take money out of your pocket.
What Can You do to Create More Selling Time?
- Pay yourself first: Set a target for 75% of your time spent on revenue generating or selling activities. If you make your number, there will be high tolerance for imperfect process or paperwork. If you miss, no amount of admin excellence will substitute.
- Block prime calendar hours: Treat them as sacred.
- Make a “Stop Doing” List:
“There is nothing so useless as doing efficiently that which should not be done at all.” -Peter Drucker
- Practice Ruthless Meetings
- DO: Meet only to collaborate.
- DO: Start and end on time.
- DO: Insist on an agenda for every meeting.
- DO: Expect people to prepare.
- DON’T: Let Calendar programs make your meetings longer than you need.
- DON’T: Cover what people should have reviewed on their own.
- Delegate: Resist the temptation to “just do it myself.” Could you do it faster? Maybe. But delegate anyway, because a sales professional’s time is the scarcest commodity. Once you run out of you, you’re done.
- Re-allocate: Move CRM entry, forecast calls, training, and reports to non-prime selling hours.
- Cluster: Are you addicted to multi-tasking? It’s an illusion; it actually makes you less productive. The biggest time-sink is email. Limit yourself to two calendar blocks daily for email and other administrative tasks.
Start being ruthless with your time.