“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity,” said Peter Drucker, an Austrian-American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.
The role of an entrepreneur is never easy, you need to create a plan for the business budget, create a strategy for marketing, improve sales, establish strong networks, etc.
Entrepreneurs are their own bosses, so managing a business to its success requires good time management skills because everyone has the same 24 hours a day, and using every second of that time to improve your business growth and sales is necessary. Cameron Chell Calgary is the CEO of Draganfly company and he is also a successful author and speaker who help new entrepreneurs to get success in their business and in improving their decision-making skills. Cameron Chell blockchain is currently focused on Blockchain and Cryptocurrency to create a new form of capitalization for companies.
Here are five time management tips for entrepreneurs:
Schedule, if possible, everything!:
If you are running a business then there are many tasks to deal with in a single day and you cannot trust your memory that you will remember each and every task accurately. To manage all your tasks effectively, try to write down all the tasks of the day so that you can keep the track of every task. There are plenty of time management applications and calendar services that can allow you to track the work process of every task. Google Calendar is one such application where you can add all your tasks and their end dates so that you can stay updated.
The 2-minute rule:
Procrastination means wastage of time. There are many times when entrepreneurs lose their focus on important tasks due to hectic meeting schedules and workloads. This makes the entrepreneurs postpone or delay the task from a given time span. The main reason for this action is being lazy.
The 2-minute rule allows you to overcome your laziness and procrastination. All you need to do is just devote 2 minutes of your time to focus on the pending task and work on it for 2 minutes and you will find yourself finishing the entire task.
Attention management:
Time management does not mean that you need to find more ways to get more time, it focuses on how you present your attitude towards managing your time.
Well, time management requires great focus and management. Try not to distract from your work and for that, you need to keep your attention and focus alive. Distractions can cause a lot of time wastage and impact your work productivity.
The prioritization and delegation matrix:
Well, if you have to handle a lot of workloads the try to prioritize the tasks according to their importance. Write all the tasks that need urgent work on a piece of paper and focus on completing those tasks first and shift all other tasks to the next day. If you are not able to manage all your tasks then delegation can be your best option. Delegate important tasks to skilled employees, this will allow you to get high-quality results in a faster duration.
Conduct a time audit:
Conducting a time audit will allow you to identify which task takes more time than the allocated time period. There are lots of applications that can help in time audit, take the help from those apps and manage your time effective at the workplace.