Time management is defined as a work and life technique of leading oneself in order to achieve success, and is of great importance for any person who strives to achieve business or private goals. The aim and idea of this paper is to show that in addition to the business world, time is also important for private life. Time management is based on determining what is important to us and scheduling the activities and tasks that are necessary to achieve our goals. In order to begin the process of time management, it is necessary to make an analysis of the situation we are in. There are various methods that help in time management, and some of them are the "UTOP" model, the Pareto model, the ABC rule, the "urgent-important" matrix. Time thieves are all activities that continuously and systematically waste our time and do not lead us to the desired goals. These include inefficient meetings, unannounced visitors, poor communication and information exchange, insufficient delegation of work, incompetence in rejection, phone calls and e-mails, lack of quiet hours, unnecessary business travel, paperwork, poor work habits, non-prioritization and lack of clearly defined goals. Due to inadequately planned time, stress and confusion can occur in the minds of employers and employees, and with overtime work and overwork at work, we lose concentration and desire to work. Precisely for these reasons, it is necessary to first plan the way of working by prioritizing those activities that are more important to address, and gradually, organized and without burden to manage the situation that will lead the business to the ultimate goal, which is to achieve success.