Focus!!

What does it mean really? I`m in the middle of school, trying to plan a fledgling business and working towards being promoted at my part time job.I`ve asked a question similar to this before but I need a bit of a different clarification on what it means to Focus as an Entrepreneur. As I write this I`m listening to a SUN podcast and watching TV. Now My question is this: I realize that when I focus on anything 100 percent I`m more efficient and the quality of my work is generally better. But in this world of Multitasking when should you as an Entreprenuer try to balance a lot of plates, and when should you just focus on one thing?
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On that note... I`m off to take my 2 year old pee pee on the potty as we are on day 2 of commando potty training, I`ve got to get my revisions of my packaging shot over to my graphic designer, I`ve got 2 rental units empty, so I need to list them on CraigsList and I`d really need to my UPC codes done.... GrillCharmer2007-5-30 13:44:2
On that note... I`m off to take my 2 year old pee pee on the potty as we are on day 2 of commando potty training, I`ve got to get my revisions of my packaging shot over to my graphic designer, I`ve got 2 rental units empty, so I need to list them on CraigsList and I`d really need to my UPC codes done.... So what you`re telling me is I`m truly doomed. LOL.But do you use the strategy of defining one thing that you absolutely must do in a given day?