Thoughts are foundation for the formation of every individual’s attitude. It is very important to watch our thoughts constantly, which is nothing but the process of ‘managing self’. Self management should be a continuous process to maintain positivity in everyone’s life. The purpose of the study is to reveal the importance of self management and the factors influencing the self management. To identify those factors, qualitative data has been collected by adopting various methods of Qualitative Research. The Research results in 11 item scale and it has administered on a sample of 300 respondents. Exploratory factor analysis of Quantitative Research has been conducted in order to test the scale. The instrument generates satisfactory degree of confidence in the scale’s reliability and validity. This paper fulfills the need for identifying the set of influential factors and empirically validated instrument to measure self management.