Running a business is challenging, and one of the many, and possibly main, hurdles to success is time management. There are those who just feel that they are unable to find the time to do all the tasks required of them, and they are struggling to fit everything in. It is not difficult to see how, without effective time management, a business can suffer.
For business owners looking to address this problem, there are a number of time management tips they can follow. There are also companies, such as LiquidPlanner, who provide scheduling technology programs to help with the management of tasks and time.
Tips to Help You Manage Your Time
We came across an article on the Forbes website written by Don Markland in which the global sales leader and executive coach discussed the three time management strategies he believes ‘every executive, leader and entrepreneur’ should use to help them find the time to get everything done.
The first tip was changing the way one thinks about time. As there is no way to change the amount of time one has, an individual should instead change the way that he/she uses that time. Changing the language with which one uses to describe his/her time, or lack thereof, can help make the individual in question more accountable. For example, Markland said that he encourages those he coaches to say, ‘I didn’t make it a priority’ instead of saying ‘I didn’t have time.’
Prioritization of tasks is the key to managing time more effectively. By prioritizing just three tasks per day that will be accomplished, one soon learns how to manage time better. To make this easier, it is a good idea to create a routine at the beginning or end of each day where these tasks are identified.
And to really get more from the time one has, distractions such as social media should be eliminated.
Prioritizing daily tasks is a terrific way to start managing time better, but it is also wise to set goals, both short- and long-term ones. Knowing where one wants his/her business to go makes it easier to get there. Having goals means creating a plan and then achieving them is much easier.
If you have a long-term goal for your business, start by setting short or small goals. These short-term goals are quicker and easier to achieve and will definitely contribute to effective time management. It is far easier to measure the success of a business when it is meeting its short-term goals.
Remember to take things day by day. While setting goals is important, also be aware of the need to stay present and learn from each day. Apply what you have learned today to tomorrow, particularly in relation to time management.
Consider a Software System
As already mentioned, there are companies that provide software solutions designed to help with the management of projects and time. If you are going to choose a software to help, it would be a good idea to do your research first and learn all you can about how to use it.
The wonderful thing about project management software is that, in addition to the program, you are likely to get help and support as well as updates to ensure the program is working effectively for you and your team.
Implementing time management tips and strategies into the way you run your business will mean your productivity increases, which will in turn hopefully help toward a bigger profit margin. After all, is this not the end goal of any business.