Time: A Nonrenewable Resource

hourglass

Wow! Look at the calendar. First quarter 2017 has come and gone. In what might seem like a blink of an eye, we will be toasting the arrival of 2018. How are you faring in making progress toward goals or resolutions you set three months ago? Do you feel like you are moving forward or treading water? Lack of progress toward achieving a goal can be frustrating, but it is not something over which we should beat up ourselves. However, failing to manage time is a shortcoming for which we must hold ourselves accountable.

This week, reflect on how you spend your day. Time is a precious resource, one that cannot be extended. Everyone gets the same 24 hours. Benjamin Franklin observed that lost time is just that—lost. Accomplishing more entails becoming a better steward of our precious time resources.

Lost time is never found again.

Where Does Time Go?

Are you proactively managing how you spend time? I often hear the lament “I don’t have time to…” nearly everything under the sun. The missed opportunities include not being able to:

  • exercise
  • read or study
  • nurture relationships
  • do chores or housework
  • get enough rest
  • pray or worship
  • enjoy a hobby

There is a lot we cannot do, at least according to our own version of events.

The activities listed above represent some of the things you want to do or in some cases, must do in the course of a day. Yet, we know all of the “want to” and even some “must do” things do not get crossed off our To Do list. Who or what gets in the way?

  • Ourselves. We are our own worst enemy and main culprit for stealing time. At an extreme, we fail to prioritize how we spend time and wander through the day with no self-discipline. An even worse outcome is that we know how to set priorities, but we do not follow through on the plan. The result is similar in that we fall short of what we are capable of accomplishing.
  • Others. Demands are placed upon us by children, parents, bosses, friends, all of the people important to us. We can manage impositions by saying “no” to requests that compete with existing obligations, that option is not always possible. We must carve out time to serve others.

Resource Management

Effectiveness and time management go hand-in-hand. My ability to get things done is highly correlated with being intentional about how I spend the day. I perform best when I manage time resources at macro and micro levels.

  • Macro. Set goals. I could stop there, but goals are invaluable for giving direction to how I spend time. Goals represent destinations I wish to reach. That information is a starting point for plotting how to get there.
  • Micro. I break down goals into weekly and daily activities to do in pursuit of them. I spend time on Fridays planning the next week. Similarly, I do not want to start a day without a To Do list in hand. Beginning the day by waking up and saying “now what?” is not ideal. Many productivity tools are available; check this list of five such tools. I use Toodledo to keep projects and required tasks organized. It does not matter what you use as long as you have a system in place.

Take Charge

We do not always have control over how we spend time, but we can minimize time controlling us by committing to control that precious nonrenewable resource that is time. Q1 2017 may be gone, but now is the time to head off regret of lost time in Q2 and beyond.

Image credit: Flickr- giulia gasparro, Creative Commons license

Author: Don Roy

Don Roy is a marketing educator, blogger, and author. His thirty-year career began with roles in retail management, B2B sales, and franchise management. For the past 27 years, Don has shared his passion for marketing as a marketing professor. Don's teaching and research interests include brands, sports marketing, and social media marketing. Don has authored over 20 articles in scholarly journals, co-authored two textbooks, and self-published three books on personal branding. Don is an avid hockey fan and enjoys running. He and his wife, Sara, have three sons.

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