9 Super Easy Time Management Tips For Entrepreneurs To Tackle The Clock
Entrepreneurship tests many personal and professional skills. From setting up meetings, planning project budget, strategizing task management, monitoring employee performance, networking and ensuring successful work delivery, every responsibility in your job profile entails a list of leadership qualities and characteristics.
Can you guess the quality that lies at the top of this list? Yes, that’s right. The answer is “Time management”.
As an entrepreneur, time is the most valuable, powerful resource you have. However, it’s also something that we often neglect. Time is gold, agreed. But there are many entrepreneurs and leaders who have witnessed serious crisis in their business for one major reason — they didn’t use their (or their team’s) time productively.
So, how can we manage time wisely? How can we improve our time management skills?
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We get only 24 hours in a day. Clearly, there is no scope of having more time in a day. The best you can do is work on your attitude and actions in managing it. To help, we’ve created a list of easy, effective time management tactics for busy entrepreneurs like you.
Wondering how you can make the most productive use of your work hours and scale growth for your business? Here’s your answer:
9 Tips For Effective Time Management
1. Stop Stressing On The Term “Time Management”
Yes, you heard it right. Managing your time wisely is important, but stressing over the term “Time Management” is not very helpful. If you will think too much about the clock, it will probably become an unnecessary distraction and you will end up wasting more time than saving it. Stop looking at the clock over and over again. Just plan your time across your to-do list and stick to that plan.
2. Give Your Day A Positive Start
Give your day a positive and peaceful start — no messages, no cell phones, and no emails. Give yourself 15 minutes before you step into the usual panic. Spend these few minutes planning the day, the upcoming hours, putting things in place, organizing the material you need, and so on. Also, consider ending your day on a positive note as well. Take 15 minutes at the end of your day to wrap things up and getting stuff ready for tomorrow.
3. Use The Ivy Lee Method — The 101-Year Old Productivity Hack
First things first, here are the highlights of the Ivy Lee method:
- At the end of the day, note down six things you need to accomplish tomorrow.
- Prioritize the six items in order of their importance.
- On the next day, focus only on the first task and finish it before moving on to the second one.
- Repeat this every day to achieve higher productivity levels at work.
The method is quite simple, right? Well, that’s why it works. It utilizes many key concepts to help businesses increase their productivity and make better use of their time. Go ahead and give it a try.
4. Run A Meeting That Matters
Meetings are important but they can easily turn into potential time wasters. In fact, many professionals have agreed to the fact that they spend endless hours attending meetings which contribute to almost nothing. But it’s not too late to give advice. If you really want your teams to get work done in time, let them use their valuable time where it is needed the most. Instead of scheduling back to back meetings, use digital communications.
5. Master The Art Of Delegation
You have a new project to deal with and you’re terrified. However, you’re convinced that you can manage everything on your own. But is it the right decision? Do you think you can achieve the desired outcome in time? Certainly, no. This is why it is important that you delegate what can be easily delegated. If there is a task that you can hand over to your fellow coworker, do it. Master the art of delegation and you will achieve peak productivity.
6. Take Time To Invest In Productivity Tools
A cluttered workflow can result in stress and delay. Consider investing in business productivity tools like project management software, team collaboration app, online scheduling software, time management tool, or a cloud-based time tracking software. These tools have features that help teams save a lot of time and be more productive with their day. Wondering whether or not you will find the right productivity tool for your business? Give ProofHub a try. It’s an all-in-one software solution that has everything that your business or your team needs.
7. Use The “Pareto Principle” For Managing Time And Tasks
In today’s business world, we all have too many items in our to-do list and less time to get them done. Striving for a few more hours in the day to get things done is completely natural in this case. However, Vilfredo Pareto made a helpful observation. According to this Pareto Principle (also known as the 80/20 rule), 80% of the effects come from 20% of the causes. When applied to the business world, this principle states that the most important tasks will make up around 20% of the working day and the remaining 80% is probably dead wood. Moral of the story is — when there is too much to deal with, find the core of your work and cut out the pointless bits.
8. Improve Your Rest Cycle — It Will Help You Perform Better
It might sound counterintuitive but taking regular breaks (10–15 minutes) between work can significantly improve your daily productivity. From a quick walk in the fresh air, a short coffee break, or even a 10 minutes meditation — you have to make sure that you maintain a good rest cycle so that you can recoup your energy and work productively.
9. Avoid The Mistake Called “Multitasking”
Multitasking is a major source of wasted time. There are endless reasons why employees choose to multitask at work, including compensating for a delay, getting things done on time, and impress their superiors and coworkers. But whatever the reason, multitasking is a huge mistake and it can cost you more time than you saved, to begin with. Remember, always focus on one thing at a time and you will be good.
On an ending note …
Don’t waste time. Period.
Remember what Charles Richards said: “Don’t be fooled by the calendar. There are only as many days in the year as you make use of. One man gets only a week’s value out of a year while another man gets a full year’s value out of a week.”
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Being an entrepreneur, your day may get consumed by an endless list of tasks, events, meetings, plans, and business concerns. When it comes to making the day successful, the best you can do is use every second wisely. Putting these amazing time management tips into practice should be your first priority. Apart from that, ProofHub can help you get better organized with your work and be more productive with the available work hours. It will not only help you save a lot of time but also help you perform better with your team, be it in-office or remote areas.
How do you master time management? Do you have a great time management tip of your own? Share it with us in the comments below!
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