In January I was invited to a webinar hosted by Ryan Robinson, called Opportunity Management: Efficiently Using Your Time for Your Online Business.
As I was starting my Online Business, I was intrigued.
"A well-defined system for evaluating, selecting & prioritizing different opportunities that require the expenditure of time, financial or other resources. Its purpose is to help you achieve your key goals in the most direct manner possible."
Opportunity Management (OM) helps you determine what to spend time on.
Time Management (TM) focuses on how much time you spend doing that thing.
OM is the what and the why. TM is the how.
Decide what you want your product or service to achieve and why.
Once determined, introduce that product or service to a small niche group to create an impact in order to increase your chance of success.
Be clear on your High Hard Goals. Your 1-3 year vision.
Break that vision down into Clear Goals - actionable steps and milestones that you take on a daily, weekly and monthly basis moving you towards your High Hard Goals.
When new opportunities arise, ask yourself two questions:
Will doing this get me closer to my goals?
If the answer is No, decline the opportunity in a way that leaves the door open for a future opportunity.
Is this more important than my current priorities?
If the opportunity passes the first question, decide if it needs to be acted on quickly to maximise the benefit for your business.
If the answer is yes, bump it up your list of priorities.
Otherwise add it to the bottom of your list and it will end up finding a natural place in your workflow.