Advertising

10 Time Management Hacks Every Entrepreneur Needs To Know

10 Time Management Hacks Every Entrepreneur Needs To Know
Advertising

Entrepreneurs lead a busy and overwhelming life, whether you’re just starting out or already leading a company – you know how much your time is worth to you. But do you know where your time goes? Turns out, most people don’t, we all end up staring at our phones way too often and wondering just how we spent all day working without really achieving much. With life getting out of hand daily, everyone wants more control over their time. This is where time management comes in, a topic much raved about but still rarely practiced. Here are ten tips to get you started:

1. Track your time

The more you know about where your time goes, the more you’ll be able to hold yourself accountable. If you’re into time sheets, block out your day in a notebook and start writing down what you spend time on. If however, you’d rather save time tracking time, try one of the time tracking tools available out there and finally get a sense of your time. Time management expert, Laura Vanderkam suggest tracking all of your time for a week (precisely, 168 hours) to get a better sense of your habits. It’s a great start and the results are bound to dazzle you.

Advertising

2. Stop guesstimating

Now that you’re tracking time, you have a lot more insight into what tasks take the most of your time and how long certain tasks take. Set goals for every week and try to estimate how long will these take to accomplish. Your goal for next week will be bringing estimates as close as possible to reality. If you’ve ever worked in a management position, you know how hard it is for some people to estimate the time it’ll take for certain tasks. Now, try it for yourself and don’t worry if you’re way off – you’ll get better, that’s what time management is about anyway.

3. Plan ahead

Apparently, every minute you spend on planning saves you at least ten minutes in execution. If this sounds too good to be true – try it for yourself. Start your week on a Sunday, grab a pen and paper and think thoroughly about everything you want to achieve this week, think about bigger goals but also try to line up the steps needed. Make sure you’re ready to start work on Monday, rather than spending your morning trying to figure out where to start from.

Advertising

4. Make a smarter to-do list

Don’t just list our everything that needs to be done and expect to cross things off the list as they come. Organize your list by priority, make your goals realistic, and set a daily focus for each day of the week. This will help you clear your head and make your to-do list a bit more bearable, it also will help focus and stop wasting your time on reorganizing the list.

5. Batch related tasks together

Since focus is key to productivity, be smart about the things you choose to dedicate your time to and what time of day you spend on these. If you try managing your company internal stuff while emailing investors and discussing new feature requests, you’re bound to lose focus on at least one if not all of those things. So try to divide your weekly tasks in categories – internal, fundraising, development etc. Your brain can’t do context switching full time, try to keep focus on similar tasks to stay on track and save time.

Advertising

6. Schedule time for interruptions

You have a team of employees depending on you, you have a hundred unread notifications on your phone, you have meetings that require follow-ups, and the cleaners also need you to let them into the parking lot once they arrive. You’re an entrepreneur, you get interrupted a lot. This is why you should never schedule your day 100%, make plans for being interrupted. This might sound counterintuitive make sure you to optimize your schedule so the interruptions don’t disrupt your entire workflow.

7. Make use of prep time

Whether it’s a meeting or a phone call – anything that might go on forever and eat out your time while you helplessly try to get back to work – plan it out. Make an agenda for every meeting or phone call you have scheduled, make sure you lay out the goals you want to achieve with this, start with an introduction to everyone involved, be a leader of every conversation you’re in, and once everybody’s gotten what they wanted from it. Start with your exit strategy and don’t let small talk take over.

Advertising

8. Take breaks

Contrary to popular belief and modern business culture, breaks are not a waste of time. Breaks help restore focus and give you a fresh start for any task you have on hand. Be generous to yourself and take breaks often, don’t let the feeling of burnout get to you. Whether it’s a walk to the nearby park or a quick round of Candy Crush, you’ll feel refreshed and as good as new when back to work. Alternatively, try the Pomodoro method and see how it fits into your workflow.

9. Make use of incubation

Incubation, in terms of psychology, is one of the four stages of creativity and it starts when you’re not actively thinking about whatever problems need solving or ideas you’re trying to develop. Don’t think about work all the time. I know it might seem hard for someone that is supposed to always be working toward their goals but you’re actually more likely to get new ideas and think of solutions to problems you’re facing when you’re not actively thinking about the solutions. Many entrepreneurs boast about not taking weekends off or bringing their work home. The truth is you’re far more productive when not constantly keeping busy.

Advertising

10. Calm down

Have you ever noticed how time goes by so slowly when you just calm down, clear your head and stay in the moment? Yoga, meditation, mindfulness are all methods of taking back some control over present, rather than planning for the future or thinking about the past. However, you don’t have to turn into a zen guru to feel the moment. It’s enough to try and not think about anything for a few minutes, enjoy a view, play with a pet, enjoy artwork or simply gaze at the sky. Be present and don’t let your time be taken over by the numerous distractions of the modern world and you’ll be happier and more productive in no time.

Featured photo credit: Stokpic – Business Woman via stokpic.com

More by this author

3 Simple Strategies For Better Time Management 8 Productivity Hacks Every Traveler Needs to Know 10 Time Management Hacks Every Entrepreneur Needs To Know

Trending in Productivity

1 7 Effective Ways To Motivate Employees in 2021 2 How a Project Management Mindset Boosts Your Productivity 3 5 Values of an Effective Leader 4 How to Motivate People Around You and Inspire Them 5 The Importance of Reminders (And How to Make a Reminder Work)

Read Next

Advertising
Advertising

Last Updated on July 21, 2021

The Importance of Reminders (And How to Make a Reminder Work)

The Importance of Reminders (And How to Make a Reminder Work)
Advertising

No matter how well you set up your todo list and calendar, you aren’t going to get things done unless you have a reliable way of reminding yourself to actually do them.

Anyone who’s spent an hour writing up the perfect grocery list only to realize at the store that they forgot to bring the list understands the importance of reminders.

Reminders of some sort or another are what turn a collection of paper goods or web services into what David Allen calls a “trusted system.”[1]

A lot of people resist getting better organized. No matter what kind of chaotic mess, their lives are on a day-to-day basis because they know themselves well enough to know that there’s after all that work they’ll probably forget to take their lists with them when it matters most.

Fortunately, there are ways to make sure we remember to check our lists — and to remember to do the things we need to do, whether they’re on a list or not.

In most cases, we need a lot of pushing at first, for example by making a reminder, but eventually we build up enough momentum that doing what needs doing becomes a habit — not an exception.

Advertising

From Creating Reminders to Building Habits

A habit is any act we engage in automatically without thinking about it.

For example, when you brush your teeth, you don’t have to think about every single step from start to finish; once you stagger up to the sink, habit takes over (and, really, habit got you to the sink in the first place) and you find yourself putting toothpaste on your toothbrush, putting the toothbrush in your mouth (and never your ear!), spitting, rinsing, and so on without any conscious effort at all.

This is a good thing because if you’re anything like me, you’re not even capable of conscious thought when you’re brushing your teeth.

The good news is you already have a whole set of productivity habits you’ve built up over the course of your life. The bad news is, a lot of them aren’t very good habits.

That quick game Frogger to “loosen you up” before you get working, that always ends up being 6 hours of Frogger –– that’s a habit. And as you know, habits like that can be hard to break — which is one of the reasons why habits are so important in the first place.

Once you’ve replaced an unproductive habit with a more productive one, the new habit will be just as hard to break as the old one was. Getting there, though, can be a chore!

Advertising

The old saw about anything you do for 21 days becoming a habit has been pretty much discredited, but there is a kernel of truth there — anything you do long enough becomes an ingrained behavior, a habit. Some people pick up habits quickly, others over a longer time span, but eventually, the behaviors become automatic.

Building productive habits, then, is a matter of repeating a desired behavior over a long enough period of time that you start doing it without thinking.

But how do you remember to do that? And what about the things that don’t need to be habits — the one-off events, like taking your paycheck stubs to your mortgage banker or making a particular phone call?

The trick to reminding yourself often enough for something to become a habit, or just that one time that you need to do something, is to interrupt yourself in some way in a way that triggers the desired behavior.

The Wonderful Thing About Triggers — Reminders

A trigger is anything that you put “in your way” to remind you to do something. The best triggers are related in some way to the behavior you want to produce.

For instance, if you want to remember to take something to work that you wouldn’t normally take, you might place it in front of the door so you have to pick it up to get out of your house.

Advertising

But anything that catches your attention and reminds you to do something can be a trigger. An alarm clock or kitchen timer is a perfect example — when the bell rings, you know to wake up or take the quiche out of the oven. (Hopefully you remember which trigger goes with which behavior!)

If you want to instill a habit, the thing to do is to place a trigger in your path to remind you to do whatever it is you’re trying to make into a habit — and keep it there until you realize that you’ve already done the thing it’s supposed to remind you of.

For instance, a post-it saying “count your calories” placed on the refrigerator door (or maybe on your favorite sugary snack itself)  can help you remember that you’re supposed to be cutting back — until one day you realize that you don’t need to be reminded anymore.

These triggers all require a lot of forethought, though — you have to remember that you need to remember something in the first place.

For a lot of tasks, the best reminder is one that’s completely automated — you set it up and then forget about it, trusting the trigger to pop up when you need it.

How to Make a Reminder Works for You

Computers and ubiquity of mobile Internet-connected devices make it possible to set up automatic triggers for just about anything.

Advertising

Desktop software like Outlook will pop up reminders on your desktop screen, and most online services go an extra step and send reminders via email or SMS text message — just the thing to keep you on track. Sandy, for example, just does automatic reminders.

Automated reminders can help you build habits — but it can also help you remember things that are too important to be trusted even to habit. Diabetics who need to take their insulin, HIV patients whose medication must be taken at an exact time in a precise order, phone calls that have to be made exactly on time, and other crucial events require triggers even when the habit is already in place.

My advice is to set reminders for just about everything — have them sent to your mobile phone in some way (either through a built-in calendar or an online service that sends updates) so you never have to think about it — and never have to worry about forgetting.

Your weekly review is a good time to enter new reminders for the coming weeks or months. I simply don’t want to think about what I’m supposed to be doing; I want to be reminded so I can think just about actually doing it.

I tend to use my calendar for reminders, mostly, though I do like Sandy quite a bit.

More on Building Habits

Featured photo credit: Unsplash via unsplash.com

Advertising

Reference

[1] Getting Things Done: Trusted System

Read Next