Time management is vital to running any type of business. Whether your business is 100% online or it includes a brick and mortar location, you need to manage your time wisely.
If your time management becomes an issue, it could cost you time with family, friends, enjoying hobbies or it could cause your business to suffer. Instead of giving up something you love, use these tips to better manage your time.
Track Your Time
You don’t need to track your time forever, but if you do it for a few weeks or a full month, you will gain a better understanding of where your time is going. Write down everything you do and how long you do it for. Even just a week of tracking your time will open your eyes to where it’s all going.
Find a Schedule you Love
Not everybody is the same and not every business is the same. You have to find a schedule to help you get the most out of each day. Some business owners don’t need to be there to open the office and it fits better if they come in late and stay later. Of course, you want to consider your family and hobbies into your scheduling, as well.
Understand the Most Important Business Tasks
Your business has plenty of tasks that need done. You should know which ones are the most important. About 20% of your tasks will take care of 80% of your actual results, so make sure you know which tasks fit into that 20%.
Once you discover what the 20% of the tasks are, you will need to make sure these tasks are done ahead of time. Usually, the 20% are the tasks you put off or avoid because they are the hardest.
Stay Focused
Focus is vital to your time management. There are plenty of ways you can multi-task, but you should avoid it as much as possible. When you focus on one task at a time, you will find out fast that you gain plenty of time each day.
Care for Yourself
Many entrepreneurs look at their business as something they should sacrifice other things for. However, as soon as you stop taking care of yourself, you will find it harder to manage your time, focus and take care of your business.
Make sure you eat healthy, get exercise and spend time away from your business. All three of these things are proven to lower stress levels, which will help you focus when it’s time to do work.
Use these tips to better manage your time as an entrepreneur. This can help you finally complete that website, get the right tools in place and start growing your business faster.
