As a busy entrepreneur or side-hustler, you understand that being your own boss is no walk in the park. It requires a lot of time, dedication and hard work. You have to plan day-to-day activities, meet clients, create marketing strategies, and the list goes on.
At times you may feel as if there are not enough hours in a day. Having to juggle so many responsibilities can be overwhelming, and you may even find yourself questioning if you are doing the right thing? The good news is that time management can fix this for you.
Time is gold for an entrepreneur, and who would understand this better than you? Maximising every second of the day is crucial for your success. It’s not about having extra time, it’s about how to manage your time effectively.
“Time=life; therefore, waste your time and waste of your life, or master your time and master your life.”
Below are some tips to help busy entrepreneurs and side-hustlers like you make the most of your precious time.
Prioritize & Delegate
A great start to allocating your time effectively is to prioritize your tasks in order of importance, and delegate tasks where necessary. Remember you are one person, it is impossible for you to give full attention to everything every single day without any other things falling through the cracks.
Every day, go over the tasks that need to be completed for the day and write them down on a piece of paper according to their level of priority. Complete the tasks that require your full attention and are of high importance first. Delegate tasks that have a low priority and that you can monitor. This simple method will increase your productivity and help prevent you from filling your day with nonessential work.
The human mind often feels overwhelmed, and sometimes put off, when faced with complex tasks. But by simplifying a task it just seems so much easier to tackle.
As an entrepreneur you may find it more effective if you break down your tasks into simpler activities. This will not only save you more energy but it is also easier to comprehend and will get tasks done faster. It’s a simple yet effective trick.
Scheduling is key
When you’re handling multiple tasks, it’s impossible to remember everything. Don’t try to cramp everything up in your head, because you really don’t want to be forgetting important details. That’s when scheduling comes in handy. It helps you keep everything organized and in one place.
Whether you’re tech savvy, or prefer writing things down the good old way, there are scheduling tools available for everyone. Some great scheduling tools include online calendars like Google Calendar, wall calendars, pocket notebooks, time management apps, and even online scheduling services.
Work According To Your Internal Clock
Each entrepreneur differs from the next, and so do their lifestyles. Some work more effectively at night while others are most productive in the early mornings.
If you are an early riser, then you will find that starting in the mornings with a fresh mind helps increase your productivity much more than starting in the afternoon or night. Likewise if you work best during the late hours, starting in the morning is just not your cup of tea, and it will slow you down more than you realise.
To maximise your productivity, you need to find what time suits you and work around that.
Take A Break
Take a walk outside and get some fresh air or even just step away from your work for a while. You’re probably wondering, “How on earth can I take a break when I don’t even have time to spare?”
But taking out this ‘me time’ to unwind is crucial for an entrepreneur. You need to take a break to prevent physical and mental exhaustion, and even burnout. Your brain needs to have that timeout to destress and relax.
Regular breaks throughout your day can help open your mind to more creative ideas and it also gives you more energy to focus on your work.
You can take 10 minutes off after every hour or take a 1-2 hour break once a day, it’s entirely up to you.
Track Your Time
Are you aware of how your time is actually spent? Was grabbing that coffee really 5 minutes? By tracking your time down to the minute you will realise how much time a task really takes you to complete and how much of time is wasted.
This is probably the best time saving method, because it will help you reevaluate how your time is spent. You will find that you have extra time on your hands to complete other tasks, thus improving your productivity.
Try tracking your time for a month on paper or a time tracking app, and see results for yourself.
Sticking to deadlines is probably the most challenging part of being an entrepreneur, because you don’t have any external pressure. There is no one to oversee your progress or push you along, you have to do this yourself.
If you are serious about managing your time effectively, then you need to strictly follow through on all your deadlines, or anyone else to hold you accountable. From phone calls, to delivering projects, there must be a deadline for everything. This will not only save you time, but it will also prevent you from procrastinating.
Make this a habit and you will be able to achieve so much more in less time.
Use Technology Where You Can
Working hard doesn’t mean long hours, it means working smarter and in this case using technology to help get the work done. Technology can help you save loads of time if you use it correctly.
There is literally an app for almost everything!
You no longer need to sit for hours and analyse data when there are already plenty of analytics available that will provide you with all the information you need. Instead of writing out invoices and contracts use automated apps which will manage everything for you, including tracking your expenses. You can manage projects from start to finish by using a single app.
Apps make your life super convenient because they have everything in one place. No more having to dig around your desk looking for a document. Some entrepreneurs even run their entire business from an app!
Benefits of Time Management
Managing your time effectively benefits you in a number of ways that will help you reach the heights of success. Below are some of the benefits you can enjoy with good time management.
Better sleeping patterns
Improved quality of life
We hope that our tips help you manage your time more effectively and increase your productivity. Because there is nothing more satisfying than seeing entrepreneurs thrive.
Always remember the key to success and peace of mind is maintaining a work-life balance. :)