You’ve probably heard the phrase “time is money.” That old adage holds extra true for entrepreneurs. As a business owner, you need to be making the most of each and every day in order to maximize your company’s opportunity for success. Effective time management is one of the most underrated qualities of successful leaders. Thankfully, it’s a skill that can be easily developed with a little practice, and plenty of discipline. Read our tips for better time management, below.
Plan Your Week
At the end of one workweek, start planning for the next. Write down any deadlines that you need to be aware of, and make a note of any tasks that you need to complete. Schedule specific tasks for each day, and add to your list as things pop up through the week to ensure you haven’t missed anything.
Choose the one most important task that you need to accomplish each day. Don’t end your workday without finishing it. Prioritizing tasks allows you to focus on items that are helping your business reach its overall goals.
Turn Off Email Alerts
There’s nothing more distracting than those incoming mail alerts that can appear on your screen at any moment. Don’t let them prevent you from completing a task. Turn them off in your email settings, and schedule specific times throughout the day to check your email. That way replying to messages won’t distract you from completing more important work.
Finish What You Start
When you’re running a business, it’s easy to find yourself pulled in multiple different directions throughout the day. Make a conscious effort to finish everything you start. It’s ultimately more productive and better for the company – and your peace of mind! Plus, there’s nothing more satisfying than crossing a completed task off your “to do” list.
Be On Time
Have a schedule, and stick to it. If a meeting is supposed to end by a certain time, ensure that it does. If you’ve carved out an hour or two to work on a specific task, be sure that you do. Keeping on task –and on schedule – as much as possible will help you make the most of your workday.
When you know every area of your business so well, saying “no” when employees come to you for help can be a challenge. Let your team know it’s not that you’re uninterested or unwilling to help, but that you want to empower them to solve the problem on their own. While it’s ok to help guide them in the right direction, don’t take a problem from their task list and add it to your own.
Be Confident in Your Team
If you’re fortunate enough to have a team that works on your business alongside you, use them. You chose these people because of their abilities and unique skillsets – so don’t be afraid to send some work their way. If it’s important that a task be completed, and you know another person on your team can do it, delegate. Not only does that show confidence, it keeps another thing off your “to do” list.
Make Time for the Big Picture
It’s very easy to get caught up in the daily tasks and forget about working towards accomplishing some of the larger goals for your organization. Make a point of setting aside some time at least once a week to work on a task that’ll help your company achieve one of its overall goals for the year.
Despite your best efforts to effectively manage your time, you may still find yourself getting bogged down in certain tasks. Don’t get discouraged – call us! We’ve helped plenty of small businesses realize their full potential by working with entrepreneurs to develop the processes, networks, and tools they need to succeed.