
82 ◾ The Guide to Entrepreneurship: How to Create Wealth for Your Company
20% of the time) be assigned a higher priority. If time management aims to
maximize productivity, these tasks should receive higher priority. Thus,
Quadrant 1 is reserved for critical activities (decision-making, instructing,
commanding, coaching, raising capital)
Quadrant 2 consists of important goals (mentoring, empowering)
Quadrant 3 may contain interruptions (reghting, crises)
Quadrant 4 activities should be totally disregarded (trivia, reading mail,
long phone calls)
Applying the Pareto principle (as described earlier) depends on the
method adopted to complete the task; ...