How to Maximize Productivity As A Business Owner
Running a business is one of the most rewarding things you will ever do in your life, but it is extremely overwhelming too. It can feel like there is always something to do and you have a to-do list that never ends. Between managing the operations of your team, leading your staff members on their journey, and keeping an eye on your growth it can feel like you don’t have enough time (or energy!) to get everything done in just one day. This is why it’s so important to maximize the time you do have and adopt the right strategies to focus on what drives results and helps you achieve your full potential. Keep reading to find out more and get inspired.
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Prioritize ruthlessly
Not all tasks are equal and therefore they shouldn’t be treated as such. Running a business comes with an endless list of things to do, so start by sorting them in order of importance. Identify your priorities that have the biggest impact on your business, focusing on the 20% of tasks that drive 80% of results. This way you will have the most out of what you do and achieve, even if these tasks can feel more time-consuming.
Delegate and outsource wherever you can
Delegation and outsourcing are your best friends when it comes to being a business owner. You should focus on your own personal strengths and find others to do the tasks that aren’t so integral for you to do them yourself. Look into things like Document Delivery Services, or find freelancers for projects such as writing your blog posts, or growing your social media. Trusting others not only frees up your own time, but also empowers your staff and partners and builds an additional level of trust within the business.
Embrace technology for efficiency
From project management software like Trello or Asana to automation tools for marketing and invoicing, technology can drastically reduce manual effort. Even small systems such as using a scheduling tool instead of going back and forth on emails can save hours each week. The key is to choose tools that truly integrate into your workflow, rather than overwhelm you with features you don’t need. You could get a free trial of a few different systems, seeing what works best for you, this way you can sample it before committing to pay for anything.
These are just a few things you can do as a business owner to maximize productivity and really ensure you achieve your full potential. Being more productive isn’t about squeezing everything you can into one day and draining your time and energy, it’s about being more savvy with what you have. By being strategic, leveraging the technology and tools at your disposal and setting healthy boundaries, you can fuel your business and your wellbeing and improve at both at the same time.
What are some top tips you have for maximizing productivity in the workplace? Incorporate these tips into your business process.
Ken Boyd
Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies, 1,001 Accounting Questions for Dummies and 34 Stories That Explain Personal Finance
(amazon author page) amazon.com/author/kenboyd
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