FIVE KEYS TO MANAGING YOUR REAL ESTATE BUSINESS AND YOUR LIFE

By
Education & Training with Performance Development Strategies

Since real estate tends to be a 24/7 business you may be overwhelmed to the point of feeling like a hamster on a wheel. You may be spending too much time working in the day to day minutiae you are missing the big picture. Many blame the rapid pace of technology for this dilemma. Technology, while automating things that used to take much more time has also created new pressure. Instant communication on handheld devices gives us the sense of urgency and feeling that we must always be working. Everything seems to go faster, leaving everyone feeling overworked, overloaded, and overwhelmed.  

If you are feeling this way it may be time to step back and look at your vision, your goals, and your overall purpose.

Here are some tips to help you do that.

1. Know Your Purpose.

Know your vision, your goals, and your plans because these help you set priorities. Each day, identify the tasks you must accomplish and prioritize them. Also, set aside time to invest in your future. If you have yet to write out your life priorities, then take time to do this. It could be the most important hour that you spend in your life.

2. Say No.

Be fiercely protective of your time. Make sure each new commitment adds value for you. Do what is necessary and then stop. Rather than ask yourself, "What can I do?" ask, "What can I not do?" Avoid low value tasks, new projects, and distractions. Then tell people about your decisions. Huge amounts of effort are wasted by people trying to complete tasks that someone else decided to ignore.

3. Schedule Life.

Even if you ride an accelerating treadmill, you can step off once in a while. Leave work at 5:00 p.m. on Friday. Take Saturday or Sunday off. Give yourself a two minute break to close your eyes, rub your neck, or meditate. Set a date with family members for a meal or an activity. You may want to put this date on your calendar as if it were an important business appointment because it is.

4. Protect Yourself.

When you’re tired, your efficiency falters. Thus, eat healthy foods, get enough sleep, avoid toxic habits, and exercise (use the stairs, do crunches or push-ups in your office, take a five-minute yoga break). If possible, schedule exercise as if it were a business appointment.

5. Be Efficient.

Spend time only with people who add value to your life. Buy only from companies that provide support. Hold effective meetings. Decline invitations to meetings without an agenda as I guarantee these will accomplish nothing. Avoid conflicts; they always cost time to repair. Keep your cool; anger always costs you more than what it achieves. Take a moment to plan before starting a task.

Virtual Team Leader

Above all set goals for your work and your life. A good work life balance and a time management strategy will keep you on track and avoid becoming overwhelmed.  See a similar post on our web site titled FIVE WAYS TO TAKE CONTROL OF YOUR BUSINESS AND LIFE.

Need help in taking control of your business and your life?

Contact Us for a Free Consultation

or call 914-953-4458.

 

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Roy Kelley 02/01/2018 01:00 AM
  2. Gabe Sanders 11/19/2017 11:50 PM
Topic:
ActiveRain Community
Location:
New York Westchester County
Groups:
Coaching and Mentoring
Tags:
time management strategies
setting achievable goals
business coaching in westchester county ny
setting your priorities so that you can manage your time
keys to managing your business and your life

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Rainmaker
3,925,184
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Grant.  Thanks for the wonderful keys.  I just hope that I don't lose them.  

Nov 13, 2017 07:39 AM #10
Ambassador
1,396,560
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hey Grant, this is an excellent blueprint for better time management. Well done. If we work more efficiently, there is always time to enjoy life. D 

Nov 13, 2017 09:20 AM #11
Ambassador
3,300,215
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Grant this business can some times make you feel like you are drowning with work related tasks.  These are really good suggestions for how to handle that.

Nov 13, 2017 03:15 PM #12
Ambassador
1,837,968
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Grant, great post. The little word "no" is definitely a very valuable tool at times. 

Nov 13, 2017 05:57 PM #13
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Nina - yes, there is a way to get it all done and have boundaries.

Gabe - just make sure you remember where you keep them.

Debb and Bernie - yes we just need to work efficiently.

George - I try to remember this when I have a particularly busy week.

Silvia - It is hard to say no but necessary.

Nov 14, 2017 06:06 AM #14
Rainmaker
2,364,498
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Grant,  Excellent suggestions and ones that we can all learn from.  Make it a greeat day!

 

Nov 14, 2017 10:24 AM #15
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Will - thank you.  Have a great day.

Nov 15, 2017 06:32 AM #16
Rainmaker
3,219,376
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Grant

When we know our purpose and follow it things seem to fall into line.

Good luck and success.

Lou Ludwig

Nov 15, 2017 07:37 PM #17
Rainmaker
1,580,521
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Grant Schneider - Those are all smart tips. Live with purpose and you can't go wrong!

Nov 16, 2017 10:42 AM #18
Rainmaker
4,264,363
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is excellent advice to share. I will schedule a reblog for February 1st.

Nov 17, 2017 06:12 AM #19
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Patricia - thanks you.  Yes, this is the way I see it.

Roy - thank you very much. 

Nov 17, 2017 08:14 AM #20
Rainmaker
1,107,969
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

I think saying "NO" is perhaps the most challenging thing of all for many of us, Grant Schneider ... it certainly is for me.  Especially as we head into the busy Holidays, you provide a great message ... and strength ...

Gene

Nov 17, 2017 10:16 AM #21
Ambassador
3,363,679
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Grant

There is such great advice in this post. I especially identify with #s 2 and 3 but they are all important. 

Have a great weekend!

Jeff

Nov 18, 2017 07:34 AM #22
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Gene - the probably is that we hate to disappoint people so we sometimes bite off more than we can chew.

Jeff - this year I have made progress on number 3.

Nov 18, 2017 08:58 AM #23
Ambassador
2,225,226
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Wonderful tips, Grant! You know I've given over my 'life scheduling' to hubby - he adds date nights, vacations and fun afternoons on the calendar that we share!

I realized that if allowed, I would work 24/7 - self-admitted workaholic - so, best to take your previous advice & delegate! LOL

Hope you have a wonderful week ahead!

Nov 19, 2017 08:54 PM #24
Rainmaker
1,065,801
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

These are excellent goals for managing life. Thank you for sharing!

Nov 20, 2017 03:22 AM #25
Rainmaker
2,562,732
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

For sure...if you are not efficient and don't "schedule a life" ...

you won't have one ! 

Nov 20, 2017 05:54 AM #26
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Debe - what a great idea to let your hubby do that.  We schedule date nights too.

Kat - thanks for checking them out.

Sally and David - that is very well put.

Nov 20, 2017 10:03 AM #27
Rainmaker
1,325,373
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Grant,

 These are so very important. I found this re-blogged by Gabe Sanders so I thought I would stop by and leave you a comment since this really is important.

Nov 20, 2017 01:42 PM #28
Rainmaker
1,365,160
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Yolanda - I appreciate that.  I am glad you liked the five keys.

Nov 21, 2017 05:24 AM #29
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