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  • Will You Add? - Do More of What You Want: Making Time Work for You

    Shifting the Sales Compensation Paradigm
    Executive SummaryHow do you protect cash positions while balancing the seemingly contradictory problem of keeping cost of sales under control and your sales force intact while revenues decrease. Compensating sales efforts appropriately is one solution for protecting margins, profit and cash. Solving this issue may take creating a new paradigm for sales representative compensation.Longing For the Good Old DaysIt was like a feeding frenzy when business was booming, backlogs were steadily increasing and customers were paying regularly. Just like the stock market, everyone was chirping ‘go baby go’. But times have changed; no doubt your business plan has changed too. Now how we compensate a sales force properly is these market conditions needs to be revisited also.Sales Force GoalsWhat are the goals of your sales force? Maybe they have only a sales goal. Perhaps they have a sales and revenue goal, where revenue is net sales after returns, adjustments and back charges. Possibly they have a profitability goal too since your organization desires quality, not merely quantity. Regardless of times, determining how to keep sales incentives appropriate without resorting to Draconian measures that annihilate the heart of the sales organization – both literally and psychologically, is vital too.Let The Incentive Methods BeginCompensation on Sales VolumeThe most traditional of all methods, it carries with
    list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else

    Safelists - The Truth, The Assault on Your Inbox
    There are many marketing programs out there seeking your money and effort (plus your email address!), that fall under this category. There are quite a few names used for these marketing programs but I will refer to all of them as “safe lists”. Each of these marketing programs work under the same basic principles.To recognize these programs look for these major, key elements-• Subscription fee or “buy-in” to the service • Sign-up to individual “lists” that you will send you marketing message • Requirement to have 1 or 2 email addresses but not through a free email service • The offers for these services usually sell you on the tools they have put into place to simplify the process. They also boast on the huge numbers of people you will reach with their program.The “Safe List” marketing method is a very poor marketing choice and a huge source of annoyance once you are “in”. Like the mob (or a book club) once you’re in it’s difficult to leave on your own. Let’s briefly look at how safe lists work step by step.You subscribe or buy into the master Safe List programs. This is a primary income source for the organizer of the master safe lists, although not necessarily for the individual safe list owners. The buy in will range from a one-time fee to a routine monthly charge for the service- I have even seen some that are offered for free for a limited time (you are committed to pay as long as you have active accou
    One of the biggest challenges lawyers face is the challenge of trying to ‘get it all done’ and still have time to do the things they want to do. They’re overwhelmed by the demands of their practice and juggling family, personal and work time.

    There’s really no such thing as time management “Time management” is a misnomer. You have no control over time. Everyone is given the same amount of time every day, every week and every year. Whether you like it or not, you’re stuck with only 24 hours every day.

    Rather than thinking about managing your time, think about managing your activities. Often, the problem is that lawyers are afraid to plan their activities within the amount of time available to them. Many lawyers think that their practice doesn’t lend itself to planning because they want to be responsive to clients’ needs as they arise. The two do not have to be mutually exclusive.

    Unfortunately, having no plan at all usually means that the little, often least valuable or least important things eat up all of the available time, and important tasks never get done. Sometimes, it’s marketing, organizing your practice or your office, or following up on collections that gets neglected. Most often, it’s the family and personal time that suffers. Lawyers become victims of burnout, which leads to more profound personal problems and ultimately, health problems, in addition to business and professional troubles.

    How can you manage your activities to create time for high value business and personal activities? There’s no one right way to do this that will work for everyone. And there is no one ‘right tool,’ whether you use case management programs, electronic databases, personal handheld organizers, desk calendars or paper planners. But regardless of which method you choose to manage your activities and appointments, the steps are similar.

    First, divide your activities/tasks into categories Julie Morgenstern, author of “Time Management from the Inside Out” and other books, likens organizing your activities to organizing your closet. She begins by sorting – putting like items together.

    For example, you might sort activities into categories such as: errands (post office, dry cleaner, banking), closing files, entering contact information into your database, planning, filing, family activities, writing, blogging, etc. The categories are extremely individual and may depend on your practice area and other obligations; these categories are just suggestions.

    Break up your to do list. Looking at the entire list of everything that needs to get done, from errands to client projects to marketing and administrative tasks can be overwhelming. And overwhelm leads to paralysis. By categorizing the tasks that need to be completed and keeping separate lists or folders for each category, your list will be easier to tackle.

    Another advantage is that performing like tasks together makes them easier to accomplish. Handling a number of telephone calls or emails at once is usually more efficient than handling them piecemeal. Writing several letters about the same topic (i.e. follow up to clients for documents or information you’re waiting for or letters to clients about payment) or closing a number of files at once will make each individual task go faster.

    Prioritize the items on your list Which activities bring the highest return? Which are the most important to you or to your clients? Which activities are the oldest (sometimes getting those ‘old dogs’ off of your plate makes a lot more room physically and emotionally for you to get other things done)? Those are your priority activities.

    Some strategies for determining the priority of tasks include asking why you’re doing that task in the first place, and ensuring that the task has a legitimate purpose and focusing on the outcome or anticipated result, rather than the task itself.

    You probably have tasks on your list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else

    Student Personal Loans - A Real Financial Friend For Students
    Today course fee of all the courses of higher studies is very high. Not all students can afford to pay for higher studies. So, lenders have introduced a special loan to help such students called student personal loans. Student personal loans carry low interest rate and are open to all kinds of students be it a student with good credit history or bad credit history.Basic informations on student personal loans You can avail student personal loans to continue you higher studies. Student personal loans can be availed by students purchasing any course be it medical, engineering, science, arts, commerce etc. There is no bar regarding to type of course you want to pursue. Student personal loans not only help you with your tuition fee but other needs also like, transportation charge, buying books, computer fee, laundry fee etc. Lenders provide student personal loans at low interest rate. There are many banks, financial institutions and lending firms that offer student personal loans at low interest rate and flexible repayment options. You can choose a repayment duration offer six month of completion of your college. Students suffering from adverse credit history can also avail the benefits of student personal loans.Student personal loans: prerequisitesYou must be an undergraduate student registered in a college or university programmed. You will have to show your proof of enrolment to the lender. You must have resided at your current addres
    ble or least important things eat up all of the available time, and important tasks never get done. Sometimes, it’s marketing, organizing your practice or your office, or following up on collections that gets neglected. Most often, it’s the family and personal time that suffers. Lawyers become victims of burnout, which leads to more profound personal problems and ultimately, health problems, in addition to business and professional troubles.

    How can you manage your activities to create time for high value business and personal activities? There’s no one right way to do this that will work for everyone. And there is no one ‘right tool,’ whether you use case management programs, electronic databases, personal handheld organizers, desk calendars or paper planners. But regardless of which method you choose to manage your activities and appointments, the steps are similar.

    First, divide your activities/tasks into categories Julie Morgenstern, author of “Time Management from the Inside Out” and other books, likens organizing your activities to organizing your closet. She begins by sorting – putting like items together.

    For example, you might sort activities into categories such as: errands (post office, dry cleaner, banking), closing files, entering contact information into your database, planning, filing, family activities, writing, blogging, etc. The categories are extremely individual and may depend on your practice area and other obligations; these categories are just suggestions.

    Break up your to do list. Looking at the entire list of everything that needs to get done, from errands to client projects to marketing and administrative tasks can be overwhelming. And overwhelm leads to paralysis. By categorizing the tasks that need to be completed and keeping separate lists or folders for each category, your list will be easier to tackle.

    Another advantage is that performing like tasks together makes them easier to accomplish. Handling a number of telephone calls or emails at once is usually more efficient than handling them piecemeal. Writing several letters about the same topic (i.e. follow up to clients for documents or information you’re waiting for or letters to clients about payment) or closing a number of files at once will make each individual task go faster.

    Prioritize the items on your list Which activities bring the highest return? Which are the most important to you or to your clients? Which activities are the oldest (sometimes getting those ‘old dogs’ off of your plate makes a lot more room physically and emotionally for you to get other things done)? Those are your priority activities.

    Some strategies for determining the priority of tasks include asking why you’re doing that task in the first place, and ensuring that the task has a legitimate purpose and focusing on the outcome or anticipated result, rather than the task itself.

    You probably have tasks on your list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else

    Auto Insurance Company Policies
    Auto insurance company policies are legal agreements between a company and its insured persons. In these agreements, the insured pays a particular amount as premium, and the company provides economic support to the person within the limits of the policy. It is mandatory in most of the states that a person operating a vehicle on the roads hold a policy of this kind.Auto insurance company policies are more expensive than other kinds of insurance because it has a savings plan combined with auto insurance company coverage. You have to pay a very high rate of premium at the beginning to get a policy. But after that, the premium stays constant throughout the life of the policy. There are other scenarios when the premium is paid for a certain number of years until the policy is paid up. The savings portion or cash surrender value included in auto insurance company policies is considered a major advantage. This savings portion has a low return rate and is made available for retirement planning, in most companies.Auto insurance company policies consist of mainly six types of coverage or benefits, including bodily injury, property damage liability, medical payments coverage, uninsured or underinsured motorist coverage, comprehensive coverage, and collision coverage. Liability, in which the insured person is protected from claims and other court suits in case of accidents, is an integral part of an auto insurance company policy. Comprehensive coverage
    me Management from the Inside Out” and other books, likens organizing your activities to organizing your closet. She begins by sorting – putting like items together.

    For example, you might sort activities into categories such as: errands (post office, dry cleaner, banking), closing files, entering contact information into your database, planning, filing, family activities, writing, blogging, etc. The categories are extremely individual and may depend on your practice area and other obligations; these categories are just suggestions.

    Break up your to do list. Looking at the entire list of everything that needs to get done, from errands to client projects to marketing and administrative tasks can be overwhelming. And overwhelm leads to paralysis. By categorizing the tasks that need to be completed and keeping separate lists or folders for each category, your list will be easier to tackle.

    Another advantage is that performing like tasks together makes them easier to accomplish. Handling a number of telephone calls or emails at once is usually more efficient than handling them piecemeal. Writing several letters about the same topic (i.e. follow up to clients for documents or information you’re waiting for or letters to clients about payment) or closing a number of files at once will make each individual task go faster.

    Prioritize the items on your list Which activities bring the highest return? Which are the most important to you or to your clients? Which activities are the oldest (sometimes getting those ‘old dogs’ off of your plate makes a lot more room physically and emotionally for you to get other things done)? Those are your priority activities.

    Some strategies for determining the priority of tasks include asking why you’re doing that task in the first place, and ensuring that the task has a legitimate purpose and focusing on the outcome or anticipated result, rather than the task itself.

    You probably have tasks on your list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else

    Unsecured Loans - Don't Be An Impulsive Buyer
    It’s a valid clich? – ‘think before you leap’. This saying is the key to successful life. Whatever be the occasion, one should think n number of times before reaching any conclusion. This applies to every decision in life, weather personal, educational, family or financial. Since most actions are irreversible, it’s always advisable to follow logic than instinct.There is no dearth of unsecured loan deals in the UK loan market; in fact there are plenty of them. So, one would need to have the right eye to judge which deal suits his personal requirements in the best way. The development of online media has paved the way to fast search and accessibility of loans. There are many useful web tools that help a lot in comparing loans. Some of them are explained below.Loans comparing tool- Most websites offer this service for free. This helps you to compare various loans and get the approximate monthly loan installment that you'll have to pay on a particular loan amount for a specific loan tenure. This tool compares loans on the basis of APR.Free credit reports- Many sites offer free services that evaluate your credit score by asking a few questions regarding your repayment records, personal profile and income status. This helps you to find your own financial standing.Unlimited access to various lenders- No need to follow the traditional 'in-person' of going to the banks and applying for unsecured loans. With the web me
    accomplish. Handling a number of telephone calls or emails at once is usually more efficient than handling them piecemeal. Writing several letters about the same topic (i.e. follow up to clients for documents or information you’re waiting for or letters to clients about payment) or closing a number of files at once will make each individual task go faster.

    Prioritize the items on your list Which activities bring the highest return? Which are the most important to you or to your clients? Which activities are the oldest (sometimes getting those ‘old dogs’ off of your plate makes a lot more room physically and emotionally for you to get other things done)? Those are your priority activities.

    Some strategies for determining the priority of tasks include asking why you’re doing that task in the first place, and ensuring that the task has a legitimate purpose and focusing on the outcome or anticipated result, rather than the task itself.

    You probably have tasks on your list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else

    Low APR Credit Cards - How To Secure Them
    A low APR credit card is the best option for securing credit by far. The lower your interest rate is, the less you have to pay for borrowing money and using your card. Yet, it is very clear to most of us that our credit score is the main factor in what makes this number high or low. The better your credit has been, the better your ability to secure a low APR credit card. Is there anything you can do to better your opportunities? Of course there is.Why Low APR Is ImportantIf you are looking at two credit card offers that have come your way, you want to determine which one offers you the lowest APR, or annual percentage rate. This number will define how much the credit lender will charge you to use their service. Even a few fractions of a rate will matter greatly. If you carry a balance on your credit card, as most people do, you will be charged interest on that amount. The lower the interest rate is, the less you have to pay.What Determines It?What is it that determine is if you get low interest credit cards? There are many things that play a role in what you are offered, how much you are offered, as well as in the interest you will be charged. One of the most fundamental aspects, though, is that of your credit score. The ability that you have to secure a low APR is based at least in part on this. The lower your score, the more of a risk you are to the company. Therefore, to keep it worth the while for them, they c
    list that are ‘priorities’ that you avoid because you don’t like to do them. Sometimes those tasks can be delegated and sometimes they can’t (see below). When they can’t, focus on the result, rather than on the task itself. If you’re avoiding a job, chore, etc., focus on the outcome – what will it feel like when this is done? What will be the result emotionally, productively, financially, or organizationally?

    If the task has an important purpose and a high value result, make it a priority.

    Eliminate unnecessary tasks Which activities can you get off of your list? Get rid of anything that you don’t have to do. Some tasks can be eliminated entirely. Others can be delegated.

    Knowing your strengths and weaknesses can help you to determine what you should delegate. Anything that you avoid doing, hate doing or just don’t do well is a potential candidate for delegation. If someone else can do it better, faster, more consistently, delegate it. Delegate it if someone else will get it done well enough (as opposed to keeping it on your ‘to do’ list where it never gets done).

    See my article, “Too Much to Do, Too Little Time? Why Your ‘Don’t Do’ List May be More Important Than Your ‘To Do’ List” for more on eliminating tasks from your list.

    Determine the amount of time each activity will take to accomplish and schedule it Don’t be stingy with your estimate; estimating too little time will add stress and confusion to your schedule.

    Decide when you will perform that activity and physically schedule it on your calendar Make sure you leave some empty space or ‘downtime’ on your calendar, in addition to the personal and family time that you schedule.

    Scheduling tasks can be done by scheduling a specific time for a particular task (i.e. I will call this client at 3 p.m. on Tuesday or I will draft the contract at 10 a.m. on the 27th) or by using a method known as time blocking.

    Time blocking can be as simple as putting like activities together, which is why the first step of categorization is so important. Often, when you’re doing one task for one client, it’s that much easier to do the same activity for another client. For example, you can time block by saying that Thursday afternoons will be reserved for errands, or the last Friday of every month will be used for closing files, or you will focus on business development every Monday.

    At the same time, recognize that the schedule is not entirely set in stone. As a lawyer, it is likely that there will be last minute emergencies, unforeseen circumstances or client crises that must be addressed. That’s further evidence that what doesn’t get scheduled and isn’t urgent, isn’t likely to get done. More often than not, you probably react to whatever is in front of you, rather than determining in advance what you want to accomplish. If scheduling time on your calendar for important tasks allows you to complete them even half of the time, it’s probably a lot more than you’re doing right now.

    The advantage to setting specific times to accomplish important tasks is that as soon as the crisis or emergency has passed, you can return to your schedule without missing a beat. Leaving your schedule to chance is much more likely to deteriorate. Scheduling or ‘time blocking’ gives you a purpose or plan for every day.

    One of the reasons many lawyers get discouraged and feel overwhelmed is that they keep one long ‘to do’ list and there’s no way that they’ll be able to accomplish all of the tasks on the list. They continue to carry the same things on their ‘to do’ list day after day. There’s no sense of accomplishment, because they see the same tasks carried from one day to the next, over and over. By using the method outlined above and making appointments with yourself, whether at specific times or in blocks of hours or days, you will be able to see when you’re about to overload a specific day or week and make adjustments ahead of time. If you see that one day is already ‘booked,’ you’ll know you need to put the ‘new’ task on another day, or reschedule an existing appointment.

    Some final tips: Minimize interruptions or unplanned activities Just because the phone rings doesn’t mean you have to answer it, and you don’t need to answer every email as it arrives. Often, we waste time addressing issues or interrupting the flow of our work by being distracted by an unrelated (and often unimportant) email or telephone call. Frequently answering the email or phone call takes longer when we’re in the middle of something else. The same goes for interruptions from colleagues or employees; if it isn’t a crisis, ask them to come back at a specific time when you can focus on their issue.

    Don’t multitask Our society has become one in which multitasking is seen as a good practice. In fact, studies have shown that (with few exceptions) the more you multitask, the less attention and focus you’re devoting to any of the task

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