There aren’t enough hours in the day to get absolutely everything done perfectly. Entrepreneurs know the value of time and the importance of properly managing it. However, insights on time management have gotten to the point where they’re a dime a dozen, and all so repetitive. We all know that it’s recommended to stick to some kind of routine and it’s obvious that important and time-sensitive tasks should be prioritized. It’s common knowledge that any and all distractions should be avoided.
I decided to have a chat with some brilliant entrepreneurs for their unique no-nonsense time management tips and tricks, which have worked wonders for them. Here’s what they’ve said.
6 No-Nonsense Time Management Tips | Stephanie Burns
1. “Start with Why”
Starting with “why” was a concept first popularized by author/speaker Simon Sinek, and encourages defining the ultimate purpose of each task as the starting point. This tactic has worked wonders for numerous companies, such as DIY community Hometalk. According to Hometalk co-founder and CMO Miriam Illions, “‘Starting with why’ ensures we’re spending our time wisely, focusing on the right thing, and making good decisions. It allows for autonomy and promotes creativity and innovation within teams, and gives each individual a shared vision of the end goal.“
2. Leverage Technology
There are barely any industries these days that are not undergoing some form of a digital transformation. It is crucial for entrepreneurs to embrace the technological innovations that are unique to their industry in order to scale. Felix Polianski of European financial technology company CreditPilot says, “The needs of the market and fintech industry goals are shifting so fast, companies need to adapt by adopting new technologies quite regularly. Just in the past four years, we had to grow tenfold to over 500 employees, and that made us reshape not only our internal processes but also our communications practices.”
3. Listen to Your Internal Clock
Some of us are early birds, while others are night owls. As such, we all experience jolts of energy at different times of the day. Toby Moskovits, the President and Founder of real estate investment firm Heritage Equity Partners is a big believer in listening to one’s own internal clock. “I have learned to follow two important rules. The first is to schedule important tasks for the time of day when you are your best self – for me that is before 2 PM. The second is to make sure that you spend at least an hour a day doing what brings you joy – if you are lucky that is something that constitutes work!”
4. Offer The Option to Work Remotely
If there’s one great thing that came out of the COVID-19 pandemic, it is the widespread option for workers to be able to work remotely. Not only does it allow entrepreneurs to hire talent from any part of the world, but it also allows them to cut down on commuting, saving hours that could be more productive.
Adi Barak, the Fullstack Developer for personalized cloud cost optimization tool Pileus, says, “In Pileus, we have ensured a secure work environment that also enables a secure connection from home via VPN, so that even in periods like the current period, we can continue to work normally.”
5. Use Your Phone for Quick Tasks
Entrepreneurs who are working from home while taking care of children face a unique set of challenges, and often have to find blocks of time to squeeze in work. This is the case for Emily Pearson, the Founder of EVO CONTOUR. “Time management is essential when you are a stay at home mom and an entrepreneur. Your day probably won’t be 9-5 working on your business. I set a to-do list and complete tasks when possible during the day. Some tasks can be completed on my phone whilst the baby is sleeping on me.”
6. Keep it Simple and Declutter
Minimalism is more than just a trend in interior design. It is also a mindset that translates to saved time and energy. In a 2008 NAPO survey of 400 consumers nationwide, 27% said they feel disorganized at work, and of those, 91% said they would be more effective and efficient if their workspace was better organized.
Duy Huynh, the Founder and CEO of smart office product company Autonomous.ai, says, “The benefits of decluttering and minimalism come in the form of significant lifestyle improvements and greater time management due to less distractions and more focus.”
By following these no-nonsense time management tips, you will be able to free up time to focus on the more meaningful core aspects of your business.