7 Tips for Small Businesses to Have Stellar Time Management
When it comes to time management, every self-starter or small business owner needs to learn how to take care of it. If you’re struggling with time, here are seven tips.
Begin with Logging Time
Always log your time. You should complete a sheet every day and start with the moment you wake up until you go to sleep at night. You want to track every moment of the day and list the time spent on each task. This will help you to measure your workday.
Identify Wastes of Time
What do you waste your time on the most in a day? Make sure that you take your time log and look at all of the different activities that you do throughout the day. You should find areas where you spend more time than necessary and try to cut it down.
Consider Pomodoro Technique
The Pomodoro technique is simple. This method allows you to set a timer for 25 minutes so that you will focus on one specific task. Then, once complete, you can take a five-minute short break before you focus on the next task. This can help you perform better time management skills.
Use the 80/20 Rule
The 80/20 rule means that 80 percent of your results should come from 20 percent of your efforts. You want to increase the amount of time you spend each day and week in that 20 percent category. This is where you’re going to have the best results in your business.
Delegate Without Abdicating
As a business owner, you will need help to get all of the work done. One way to do this is through delegation. Now, what you don’t want to do when you delegate tasks is to give employees tasks that he or she is not trained for. When it comes to delegating tasks, your employee has to have some knowledge about what you’re asking him or her to do.
Don’t Hover With Employees
If you train your employees, then you shouldn’t have to hover over them. Once you train your employees, let them loose. Do not hover over them at all times. If you’re constantly watching over your workers, then this will eat up a large chunk of your time.
Be Careful of Shiny Object Syndrome
Distractions happen. If a new opportunity appears but you don’t think that it is going to help you achieve anything new or something that will help your business, then you need to learn how to ignore it. Do not develop shiny object syndrome and lose your focus.
If you’re interested in better time management, then these tips may be able to help you. Remember that planning your day can sometimes make or break a business.