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Posted On March 22, 2007 | Written by Emmanuel Oluwatosin

Time is the scarcest resource, and unless it is managed, nothing else can be managed“, Peter Drucker

Jerry Wallace lives by this rule. He is usually up and about at 5:00 AM in the morning, and proceeds to work around 10 hours a day. What’s even more amazing is that despite his busy schedule, he is able to create quality time with his family. For him, managing your time properly is one of the secrets to victory in the business.

First, try to study your everyday routine and daily habits. Think about all the individual and measurable movements you do. For example, you have a habit of tapping the pencil before writing. This action is pretty simple, but it also contributes to wasted time. Once you have determined what your daily routine and habits are, it is easier to identify which are unnecessary. Eliminate what is unnecessary, and you’ll have more time to focus on what is important and necessary.

Second, try to organize your time well. Some people may be into creating a to-do list, while others may not. Whatever the method is, just make sure it’s effective and easy for you to follow.

Third, do well by doing well. Jerry Wallace firmly believes that you succeed by helping other people succeed also.

Fourth, build your reputation. It’s very important to be known for being an honest and forthright businessman. To be successful in the business, you need to have a reputation for high integrity, so that people would be willing to do business with you.

Fifth, maintain a balance in your life. Taking a break from all the work is actually helpful to your success. Learning how relax allows you to enjoy the journey more.

Sixth, socialize with the right people. Jerry Wallace believes that being with the right group of people, who have the right knowledge and the character, can help you move ahead in both your professional and personal life.

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