Time is valuable to everyone be it for monetary value or not, time is needed in order to accomplish a certain goal. As an entrepreneur, you have to know the importance of effective time management and how to manage time to make you more productive in your business.
So what is Time Management?
Time
management is the process where one has control over the amount of time spent
on a task which in turn leads to increase in productivity.
The major
importance of time management is that it makes your business to be more
productive and very effective when rendering service to customers. For example,
let’s say you have about 20 customers waiting to be attended to, you have only
1 staff attending to all the customers. The amount of time the staff will spend
attending to customers will be higher than when you have about 5 staff
attending to the customers. Doing this will help you manage the time spent on
attending to a customer and in return improve productivity, effectiveness and
efficiency.
So how can one effectively manage
time?
Draft a to-do list schedule:
Get a to do
list, draft out your daily activities and outline all your task to be carried
out to avoid any form of disruption while running your business. Doing this
will help you manage your time effectively since time is limited.
Avoid procrastination:
Procrastination
as we know it is the killer of time, but I want you to know that procrastination
not only kills time, it kills the business too. Procrastination never allows
you to get things done, so stop procrastinating as from today, whatever you
have scheduled to do, do it now so as to effectively utilize and optimize the
time you have in other to make your business successful.
Avoid Distractions:
Distraction
hinders you from giving your utmost attention to your business. The time you
would have spent doing something valuable to boost maybe sales of your goods,
you spend chatting on Facebook, twitter etc, watching movies or even playing
video games. These forms of distraction kills the time you would have used to
for achieving positive results in your business. So avoid distractions, be
focus and set your priorities straight. Block out any form of distraction from
Facebook, twitter, WhatsApp etc unless you are using it to generate income and
sustain your business.
Set your priorities:
It is always important to set your priorities
straight by targeting the useful tools needed to boost your business. Many
businesses are suffering today because managers tend not to set their
priorities in order. One of the important things to do while running your
business is to prioritize your tasks daily. Doing this will help manage time
and increase productivity.
Be self-disciplined:
Self-discipline
is very crucial here as it helps you to control one’s weakness for example procrastination
and gives you the control and positive mind set to accomplish your task and
goal at the given time.
Avoid being stressed out:
It is
important to reduce stress when running a business and if you fail to
effectively manage your time, you will end up being overwhelmed and worn out.
One has to learn how to effectively manage his/her time while running the
business to avoid stress and be productive. Learn to go on some few minutes
break, take a short nap, avoid negative thoughts and be positive minded. All
these help reduce work related stress and helps you manage time properly so as
to make your business efficient and highly productive.
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