As an entrepreneur we are often faced with the issues of balance. How much time to spend at work, with family or doing exercise. This dilemma that we have to deal with each day is easily solved with a strict schedule that is adhered to by everyone involved.

Let me explain. We need to have 3 focal points when it comes to time management. Working In, On and Out of our business. That means that we have set times that we roll up our sleeves and work In the business, this is when we generate the cash and work with the team to produce an income. But as a business owner we are also required to work On the business. This is strategy time dedicated to planning, reporting and steering the business towards set plot points.

The third point is to create time to work out of our businesses. This too needs to be split into 3 areas: Spending time with family and friends, spending time on health and exercise and then time just for yourself. Each of these is important to manage stress and relationships.

Take time today to reflect on your time and write out some goals for the next few weeks with allocation made to In, On and Out time.