How to become an efficient Entrepreneur? How to be a smart Entrepreneur? How to utilize the same 24 hours effectively? Are you struggling to manage each task without compromising the quality & productivity of your business?
To increase the efficiency & productivity within short span of time is important for any business to grow, sustain & cater to the customers especially for Entrepreneurs & start ups who need to invest huge amount of time in all other facets of business at once.
To maximize yield, we have come up with practically proven tips to adopt good Time Management:
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PRIORITIZE EACH TASK:
Every task & work needs to be categorized initially before implementing the same on board. Invest time on a detailed work that needs your attention.
- Maintain a Journal,
- Make a list of your Tasks,
- Identify & distinguish them as Priority & Non- Priority Tasks.
- Allot the required time to complete the Priority Tasks
The best & common method to distinguish PRIORITIES:
- Priority with high demand & serious consequence
- Priority with high demand but less Consequence
- Tasks with high demand & no consequences
- Tasks that can be delegated
The other most popular category classification of Priorities –
a) Very Important b) Important c) Useful d) Unimportant
The categories basically determine what needs to go to the top & what you can put at the bottom of the pile. Estimate the time for each task & plan your days & weeks of work in advance.
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OPT FOR SINGLE TASK
Multi tasking sounds great! But when we talk about a building a long-term business when every minute task has an impact; it is recommended to opt for single task at a time. It assures you to avoid last minute rush & help to work towards the final targets in stages, rather than getting stressed at the end moment.
Dedicated & channelized on a single project will help in fast completion as well as chances of growing your business enormously within the originally expected term.
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REDUCE COGNITIVE LOAD
Building a system that allows you to record important tasks (meetings, collaborations, work status, projects), it lessens your burden of missing out or brainstorming every task, trying hard to remember each. To avoid confusions, to monitor every task & make sure everything is under your control it is very important to reduce the cognitive load to the minimum.
List down the top priority tasks that needs to be completed the next day.
Best way is to invest in productivity tools: Project Management Software, Creating Lead Magnet Tools and Keyword Tools to rank on Google, Building Funnel Software Tools – These saves a huge time & reduce your burden to a greater extent.
Allotment of END TIME to each task! Yes! Allotting an END TIME for each task works wonders! Doing this will not only train our minds but also prepare to complete the task without stressing ourselves.
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TIME FOR SELF
You are special, you deserve to be given the best care more than any of your works, dedicate & spend some “ME –TIME”. Mornings are the best time to devote some quality time for yourself!
The skill of balancing Emotions is important for any Entrepreneur, this inbuilts the skill of RISK – TAKING Management.
Give yourself a break when you need. Mind works the best when we are relaxed! Take quality time to rejuvenate, feel refreshed & you will be better equipped to deal with works the next day.
Health needs to be considered as a Priority! The stronger we are mentally & physically – the sooner we achieve our goals!
Never Stress yourself with the Term– ‘TIME MANAGEMENT’.
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MASTER THE ART OF DELEGATION
Managing numerous activities at the same time can lead to poor results or delay in completion.
The ideal way is to understand what to focus on, avoid over burdening with tasks.
Build a Trustworthy Team & delegate the secondary tasks to them. Believe me we cannot do all tasks by our self though we are passionate. A team with equal dedication can help the process of completion way faster & increase the productivity within the time allotted.
Train the team to master on Productivity Tools & Software that can make your work effectively & efficiently.
These changes give you clarity to face everything to your best & to achieve your goal.
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THOROUGH BACKGROUND RESEARCH
Before considering any task it is important to have a clear view & information of what is it? How it needs to be done? What are the procedures? What are the formalities? Who are the right people to contact? Duration of each task would take?
This thorough background research & prior knowledge will definitely reduce & save your quality time.
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DISTINGUISH BETWEEN PERSONAL & PROFESSION
Yes! This is one of the basic & fundamental rules of Management!
We, as an Entrepreneur need to understand the priorities in each of these facets of our lives. Both needs our attention & cannot be compromised, initially any start ups would demand our presence to set & draw blocks for every minute steps we take, from the moment of a creative idea, planning, strategies, formalities to implementing our dream project. But what we don’t realize is that family & loved ones also equally need our attention as they are the support system.
The Secret of Happy Mind is: – To Balance between these two facets & this needs to be accustomed from the day one!
This is one of the Traits of Professionalism.
BONUS TIP: Do record your Achievements & every minute task that you have completed, this boosts you every day to handle & carryout any task with eagerness & Interest.
REMEMBER: Entrepreneurs never fail, they either Grow or Learn!
There is an old saying “Some go through the life & Some Grow through the Life” Successful Entrepreneurs have always committed to lifelong learning & growing each day. We need to look at every problem as an opportunity & every challenge as a chance to learn & prove ourselves as the Best!
Happy Success!
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