Time Management is a critical aspect which is required in everyone’s day life and being an Entrepreneur it’s more important to manage time effectively as there is not enough time during the day. Here, are two steps I follow, as an Entrepreneur which help me to manage time and improve productivity:
I. Divide the Calendar into different Sections
As a promoter of business, it often happens we have lots of responsibility for different functional areas and at times we have to step into various shoes. By saying this, I mean, it may happen that we are not only managing the Accounting or Finance Division of the company but we are also in charge of Sales, HR, legal etc. leaving loads of incomplete duties and responsibility, at the end of the day on our desks which leads us towards completing only tactful activities throughout the day. Sometimes, even having adequate resources might also not help us to fulfill our responsibilities, as a major part of Work in an organization requires our attention so much so that even multi-tasking is also not possible.
Hence, dividing the calendar into different sections according to functional areas helps in better focus and devotion of time for different functional areas which helps in better results of an activity and improved productivity. If I could take an example:- If every Saturday , a reconciliation of accounts is done and every Monday, a strategy for sales is focused for the week, the result of productivity is higher.
II. Delegate or Outsource
We need to understand that as an Entrepreneur, we need time to plan our business activities but often we tend to invest all our time on activities we don’t specialize into. I remember, I almost invested two weeks into developing the website reading all the materials for website development. Though, we did succeed but ended killing two weeks precious time for a two day activity. It’s important to outsource or delegate job to the Specialists which gives ample amount of free time and better results increasing overall productivity.
Would like you to share, what you do to “MANAGE YOUR TIME” ????
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