Startup Time Management Tips

Time Management Techniques - Complete Controller

 For start-up entrepreneurs, “Time Management” is how you use your time to maximize productivity in achieving your business start-up goals.

Just as bookkeeping is mandatory in making and maintaining financial records, effective time management is crucial for entrepreneurs to achieve their business goals. They are ultimately responsible for every aspect of their company. They must allocate the right amount of time to the right business tasks to keep their organization running smoothly. Here are fifteen excellent time management tips for start-up entrepreneurs.

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Set Goals the Right Way

Begin by verifying your start-up goals and setting them the right way. Setting your goals will help you stay focused on them and eliminate hindrances as much as possible. On the contrary, goal setting in the wrong way will lack the proper targets, eventually forcing you to fall off the track. Make the most of the SMART goal-setting method. SMART is an acronym for S-specific, M-measurable, A-attainable, R-relevant, and T-time bound. Ensure your goals are powerful and meaningful enough to push you to achieve them.

Prioritize and Delegate

Prioritizing your personal and professional goals and delegating your routine activities to a reliable and capable person are essential time management tips. You also ensure reduced stress and outstanding productivity. 

Find a Great Time Management System

Find a sound time management system to accomplish most effectively depending on your choice, organizational culture, and start-up goals. Many entrepreneurial enthusiasts find that Covey’s quadrant time-management system is among the most suitable and effective. Time management identifies your goals as urgent, non-urgent, critical, and not essential.  

Audit Your Time for a Week Straight

Spend an entire week consistently straight to assess how you use your time right now. Monitor your activities, record them in a journal or on your cellphone app, split the duration into blocks of one or half an hour, and analyze how you worked, used your time, and wasted some of it. At the end of your seventh day, tally up all the numbers. This will help you identify areas for improvement.

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Work on MITs in the Morning

Always focus on your start-up goals and begin your day by working on your most important tasks (MITs). Achieving them will give you the most significant motivation and momentum to stick with your work.

Follow the 80-20 Rule

The 80-20 rule is another crucial time management tip that states that 80% of your efforts come from 20% of your results. When working on your sales start-up goals, it means that 80% of your sales come from 20% of your clients. Consequently, you can scale that out to work smartly by identifying that 20 % of your efforts will generate 80% of the results with accurate tracking and analysis.

Adopt Good Habits

All good habits, such as self-discipline, self-initiative, efficiency, accuracy, teamwork, and office etiquette, serve as excellent time management tips to manifest your start-up goals. Thus, practice them and constantly improve on your areas of weakness.

Eliminate Bad Habits

Our bad habits are our biggest timewasters. They can include procrastination, lying, negativity, tardiness, poor communication, social media addiction, foul body language, inattentiveness, inefficiency, and temper tantrums. Thus, try eliminating them as much as you can.

Take Frequent Breaks

Breaks are essential to relax your body and recharge your mind. Keeping your physical, mental, and emotional state at peak levels by taking at least 10 minutes of a break in an hour is one of the essential time management tips. 

Exercise and Meditate

Daily meditation and physical exercise are great ways to maintain the physical and mental balance that renders efficient performance. Thus, practice them in the morning or evening at your convenience.

Make to-do Lists

Making a to-do list every evening for the next day is an excellent way to stay effective and efficient throughout the day. It also helps you stay consistent and closer to your start-up goal realization.

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Seek Mentorship for Guidance

Find a mentor with excellent expertise in time management tips who has been through a similar wringer and can help you fulfill your start-up goals. Good mentorship enables you to stay on track with your time and goals.

Cut Down on Distractions

Clutter and disorder in your office or workplace will distract you, causing you to lose time by focusing on unproductive activities. Thus, distractions can be reduced by making things neat, clean, and organized. In addition, avoid checking your social media accounts during the workday. That can wait.

Turn Off Unimportant Alerts

Promotional emails, subscription updates, and app alerts distract you. Therefore, turn off social media app alerts and hire an assistant to manage your emails and other less critical tasks. They can also update you about important emails that come through while you are working.

Trust Yourself

By the end of the day, time management tips are not things that you will master overnight. You must persevere. In addition, be confident about yourself. You will learn to manage your time effectively and achieve your start-up goals with consistent practice and patience.

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