Is managing time really a big task? The computer savvy technical human mind can operate strong missiles but can’t manage 24 hours a day? Ten to one, time management plays an imperative role in the life of an entrepreneur. Andrew Fashion very well said, “Make it happen now, not tomorrow. Tomorrow is a loser’s excuse.” Before you can even begin to manage time, you must understand what time is. Time is nothing else but “the point or period at which things occur”.
Time can be spent only in three ways- thoughts, conversation and actions, regardless of the type of business you do. As an entrepreneur, it is important to manage time in these three categories. Plans are to be thought and made, negotiations and research should be conducted and then ideas should be executed, leading to successful completion of work.
The life of an entrepreneur is distracted with personal and professional aura; hence the need of the hour is to first divide time for both work and life. Both shouldn’t be interconnected because it leads to distractions.
Plan out a schedule and record all your ideas, conversations and activities for a week. By doing this, you can actually mark out work for each day, set up targets and fulfill them. This method will also help you to keep a check on how much time is actually spent on producing results and how much time is wasted on unproductive thoughts.
Make sure you remove some time for yourself where you can overhaul strategies and improve work efficiency.
100% dedication and concentration is required for your work. Plan out the schedule in such a way that you get breaks in between.
Plan to spend half of your time engaged in thinking ideas, organizing plans and executing stuffs.
Before starting up with the day, hold on and think what all is to be done, to make execution easier and hassle-free.
Rather than answering phone calls and emails all the time of the day, fix up a specific time to answer emails and return phone calls.
Try to avoid the usage of social networking site when not for business use.
In a nutshell, beautifully quoted by Benjamin Disraeli- “He who gains time gains everything.” Remove yourself from the monotonous functions of your business and find someone to replace you as head of operations so you have enough uninterrupted time to look at the bigger scenario and make decisions about the company’s future direction. You have to break up the workload, so as to manage the intricate and conflicting responsibilities of operating the business on your own.
Time is precious…..utilize it efficiently!