Ivy Lee Method - Learn a Profitable Tool
Running a successful work from home business requires discipline (see our top five tips...). One of the key areas we must show this is when deciding how to spend our working day. If we haven’t got a list of tasks that require actions or a diary filled with appointments then we run the risk of letting the day slip away from us with nothing to show from it. This might be ok if we are getting a fixed wage in a real world job, although I suspect not for very long. However when you are self employed not delivering each and every working day will see that pay check, and customer base, dwindle faster than you can say ‘broke’.
When I am training our Scentsy team leaders on time management and how to fit their business around family, other jobs etc I teach them the Ivy Lee method. I love this time management system as it is incredibly simplistic and effective – so much so I actually manage to follow my own advice on this one and employ it daily. Ivy who you ask? Ivy Lee was an efficiency advisor brought in by Charles Schwab, Bethlehem Steel (world’s largest steel producers), to show him how to manage his business better.
Lee told him he could teach him a skill in 20 minutes that would improve his productivity by 50%, the story goes that Schwab offered to pay Lee any amount (within reason) if it was effective. A week later Ivy Lee was $25,000 richer (a lot in the late 1800’s) and Charles Schwab was proclaiming Lee’s method to be the single most profitable lesson he had ever learnt. Lee’s method calls for us to priorities tasks and stay on a job until it is completed - here is the Ivy Lee Method.
Try this method for a week and see how productive your days become. Chances are you will see productivity increase and your income will as well. For me this is the cornerstone for the time management of our Scentsy business and a lesson well worth learning – and thankfully its free one.
Going to try the Ivy Lee Method? - Let us know in the comments section how your trial went.