Valuable Time Management Tips for Hard-Working Entrepreneurs

Ivan DimitrijevicStarred Page By Ivan Dimitrijevic, 12th Jun 2017 | Follow this author | RSS Feed | Short URL http://nut.bz/1v0d7qj4/
Posted in Wikinut>Business>Leadership

These four tips will teach you the do's and don’ts of managing your time well.

Intro

If you've been an entrepreneur for longer than ten seconds, you know there's a pretty sharp learning curve that comes with running a new business. An entrepreneur needs to be a jack-of-all-trades, jumping in to take care of all the different tasks that crop up and still keeping their cool in the chaos.

Since you'll be taking on so many new tasks, you will have to be self-disciplined to stay on top of your A game. But self-discipline isn't all you need. You will also have to learn time management if you want to make the most of your workday and complete your tasks efficiently. These four tips will teach you the do's and don’ts of managing your time well.

DO Stay Organized

Many newbies make the same mistake: they think they can memorize all the things they need to track in a day. The problem is that this is literally impossible. You're going to forget something. You'll skip a task that needed to get done, or you'll lose that important invoice (it's somewhere on your desk, but where?)

That is another major issue, by the way. Many entrepreneurs are creative spirits who like to roam free—which typically means their offices look like they were ransacked by some sort of wild animal. It's absurd to think you are going to find anything under all that mess on your desk.

When it comes to cleaning up your office, you need to stay organized and look good doing it. You can start by replacing metal filing cabinets with stylish wooden ones for a classic look. Then, instead of buying plain black binders, create your own custom design and have them printed for your entire team to store their important papers. Your productivity will skyrocket when you know exactly where to find everything you need to do your tasks.

DON'T Multitask

As an entrepreneur, it can feel like all you do is to bounce from one emergency to the next, trying to stomp out fires as you go. And there will definitely be emergencies during those early years. That's a normal and even healthy part of growing a business.

What's not healthy is trying to deal with all those emergencies at once. Multitasking is counterproductive: since you're not giving your full focus to any of the tasks, it will take longer to complete them than if you worked on each one individually. And multitaskers are generally prone to make more mistakes.

Dedicating your mind to one thing at time will ensure that you stay focused and catch the errors that would have slipped by otherwise. When you prioritize tasks and tackle them one by one, your life will run much smoother.

DO Delegate Tasks

Here's another way to get around all those tasks hanging over your head: give them to somebody else. Your employees are (hopefully) talented, capable people who you hired to do work, so let them share some of the load.

It's tough to share authority when you've poured all your energy and resources into your business. But it's even worse to micromanage your company to death. Think of it like an airplane: a pilot can fly a small plane alone, but it takes a co-pilot and an entire ground crew to keep a large plane in the air. Your company is the same. Once it grows to a certain size, you have to trust other people to help you keep it afloat.

A good entrepreneur knows when to delegate a task to their partners. If you try to do everything on your own, you will exhaust your body and put unnecessary pressure on yourself, which can result in mistakes and sloppy work. It's better to delegate tasks to competent people, so you can use your talents and time wisely.

DON'T Let People Interrupt you

Running a business takes a lot of concentration. But it can be difficult to focus when you've got situations cropping up that need your attention—whether that's a problem on your website, an employee who needs to talk to you, or a customer concern. That's why you need to learn how to eliminate interruptions.

Start by creating a "no zone." Find a time or place with no interruptions. Some business owners like to wake up early or stay up late, so they can work when nobody is around. Others set clear rules in the office, such as telling employees that all issues that come up between 10 a.m. and noon have to wait until after lunch.

Another good idea is to turn your personal phone off for part of the day. This prevents you from getting distracted by things outside of work, which helps you create work-life balance. Since you won't be dealing with family issues during the day, you'll have more time to get your work done—which in turn means that work issues won't interrupt family time later.

It will take self-discipline to turn these suggestions into a good routine. But once you do, you'll see the results of all your hard work. You will become a much more efficient entrepreneur, and your business will run like a well-oiled machine.

Tags

Entrepreneurial Thinking, Productivity, Time Management

Meet the author

author avatar Ivan Dimitrijevic
Ivan Dimitrijevic is a seasoned blogger and SEO consultant with years of experience. His set of skills includes Social Media Marketing, SEO and blogging on a wide variety of topics.

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