Time Management: 5 Simple Tips for Entrepreneurs
Being an entrepreneur is never an easy task, you need to manage your business along with the work performance of your employees. Entrepreneurs have to manage and organize their business but dealing with a huge workload and hectic work schedule will not give them enough space to manage their business performance and sales. Every person has only 24 hours in a day. So an entrepreneur needs to learn new time management skills to complete all the tasks in the given time period.
Cameron Chell Calgary is one of the best examples of a successful entrepreneur, co-founder of ICOx Innovations Inc., a publicly-traded company that harnesses blockchain economies and corporate currencies to build regulated, and branded corporate currencies to solve real-world problems. Cameron Chell Calgary is actively supporting small tech start-ups in growing their business.
Here are 5 simple tips for entrepreneurs:
“Entrepreneurs love to view risk as binary. The more you put on the line, the greater the potential for reward,” said Jason Fried, co-founder and president of 37signals, a Chicago-based web software company.
As an entrepreneur, you are your own boss and you have the role to manage and organize your business. There are a lot of tasks and responsibilities you need to manage alone. But you can not trust your memory to remember each and every work. Try to write down all your tasks on a piece of paper and then focus on completing each task one-by-one. You can take help from different time management applications like Google calendar where you can note all your tasks and it will keep you updated timely.
The 2-minute rule:
The common mistake that most new entrepreneurs used to do is procrastination with their hectic tasks and this is not a good culture to follow as an entrepreneur. It’s important to present the right attitude towards any work task if want to stay effective in your role. Trying to postpone or delay your tasks is due to your laziness.
Follow the 2-minute rule in your workplace to overcome your laziness and procrastination. The rule is very simple, you need to spend only 2 minutes on those tasks that cause you difficulties in your work. You will be surprised by the end results when you finish the task.
Well, time management skills do not offer you more time to complete your task because everyone has the same 24 hours in a day. It represents your attitude towards managing your time.
But to be effective in your time management, you need to keep your focus and determination alive while working, so that your attention stays awake even if you are distracted from your work. If you don’t have attention then it will waste a lot of time and damage your work quality.
The prioritization and delegation matrix:
Entrepreneurs need to manage a lot of work and face a lot of challenges in their business. The best thing is to prioritize all the important tasks and then shift to other ones. Moreover, if you are not able to complete your task and are still stuck then try to delegate those tasks to a skilled and talented person to achieve faster and effective work results.
Time auditing will help you to identify which tasks take more time than others. There are different type of audit applications available that you can make use of.