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6 Ways to Get Yourself in the Entrepreneurial Mindset

6 Ways to Get Yourself in the Entrepreneurial Mindset

Contrary to popular belief, being an entrepreneur is not just about having that one big idea. It’s about understanding the complex relationships between established social structures and finding ways to influence them. If you are a new business owner, you need to be able to think like an entrepreneur in order to take advantage of all the opportunities that you will come across. Here, we’ve identified 6 activities that will become a critical part of your life as a member of the business elite.

1. Define Your Vision

Your vision is defined not by what you want to do, but what you want to accomplish. How are you going to impact the lives of your customers? Instead of telling yourself “I want to build the next Facebook,” try saying “I want to change the way we access information.” Notice how broad and simple it seems? Just as there are many ways to travel from one destination to the other, there will be many ways for you to work towards your vision. By having this in place, running into roadblocks won’t mean failure. It will simply be an opportunity for you to change direction and identify new ways for you to work towards your goal.

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2. Be Dynamic

From the day you establish your company to the day you retire, the business environment will be constantly changing. It is vital that you assess your clients, your competitors, and your industry on a daily basis. Are you still positioned to best meet the needs of your clients? Are there opportunities you haven’t acted on? Being able to adapt to rapidly changing priorities will keep you competitive within your industry, even when things shift. Just as you wanted to change the industry when you began to take an entrepreneurial initiative, there will be others who are looking to shake things up. Constantly assessing your competitive environment and adapting your strategy appropriately will help get you to the top and keep you there.

3. Build Relationships

Ever notice how entrepreneurs always seem to be in the know? They always seem have an insider connection with people from this company or that startup. This isn’t because there is some sort of secret entrepreneurial club you weren’t invited to, it’s because business owners are excellent at leveraging relationships.

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Building a network of likeminded people who understand both what you offer and what you need is an important resource. These are people who are able to identify and act on opportunities. People who want to make things better. People who are able to understand the way that things work. Spending the time to interact with them is an excellent opportunity to pick their brains and get yourself comfortable with the way that they think. Sometimes, all you need to do is discuss an idea with somebody who understands where you are coming from and you’ll think of a new way to approach it.

4. Establish Self-Direction

You already have the destination in mind, now it’s time to select the path. Whenever you get an opportunity to work on building your business, think back to your vision. Ask yourself what you can accomplish today that will act as a tangible step toward your goal. As an entrepreneur, it is your job to decide what to do and when to do it. Being able to make the best use of your time and finding the proper motivation to do so is an essential skill that will directly impact your success.

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5. Find Problems

When business is steady and profit margins are improving, it can be easy to get complacent. Remember that as long as you are in the driver’s seat, you should never allow yourself to go on auto-pilot. The times where everything is running smoothly are the best opportunities to dig deeper and find flaws in your business model. Problems shouldn’t be viewed as nuisances; they should be viewed as opportunities to build something better. Don’t give your competitors the chance to knock you off the top rung. While they are scrambling to play catch-up, use the time you have been gifted as a resource to optimize your business.

6. Take Risks

While the thought of implementing a tried and true business model can be comforting, these will never offer you the growth opportunity to become one of the business elite. If you are aware of the unique skills you possess, put those skills to use and take chances. Go out into uncharted territory and see what you can discover. The riskiest business ventures reap the largest rewards. While failure is an option, failing at something nobody has ever tried before can teach you things that your competitors don’t know. Failure shouldn’t be viewed as an obstacle to be avoided. It should be viewed as a segue to developing exclusive knowledge of your industry. It’s that very knowledge that will give you the competitive edge you need to succeed.

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Featured photo credit: Brian Solis via flickr.com

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Josh MacDonald

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Last Updated on January 21, 2020

How to Increase Work Productivity: 9 Ground Rules

How to Increase Work Productivity: 9 Ground Rules

We all have those days when completing our assigned tasks seems beyond reach. With the temptation of social media, mobile games, and the internet in general—not to mention the constant bustle of people in the office—it’s easy to fall prey to disruptions and distractions at work.

So, what can we do about it? How to be productive at work?

While we don’t have a foolproof system that can completely eliminate disturbances and diversions, we do have 9 ground rules that can be applied to help give your productivity levels a boost.

Keep reading to find out our tips on work productivity.

What Does It Mean to Be Productive?

How to be productive at work?” is the age-old question plaguing employees and employers alike around the world. Regardless of where you work and what you do, everyone is always looking for new ways to be more efficient and effective.

But what does being productive actually entail?

Completing more tasks on your list or working longer hours doesn’t necessarily mean you’re being more productive. It just means you’re more busy, and productivity shouldn’t be confused with busyness.

Productivity means achieving effective results in as short amount of time as possible, leaving you with more time to enjoy freely.

It involves working smarter, not harder. It means refining processes, speeding up workflows, and reducing the chances of interruptions.

Productivity is best achieved when looking at your current way of working, identifying the bottlenecks, flaws, and hindrances, and then finding ways to improve.

9 Ground Rules on How to Be Productive at Work

1. Avoid Multitasking

Multitasking can give the impression that more tasks can be accomplished as you’re doing multiple things at once. However, the opposite is true.

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Research has shown that attempting to do several things at the same time takes a toll on productivity and that shifting between tasks can cost up to 40 percent of someone’s time.[1] That’s because your focus and concentration is constantly hindered due to having to switch between tasks.

If you have a lot of tasks on your plate, determine your priorities and allocate enough time for each task. That way you can work on what’s urgent first and have enough time to complete the rest of your tasks.

2. Turn off Notifications

According to a Gallup poll, more than 50 percent of US smartphone owners admit to checking their phones a few times an hour.[2]

Switching off your phone—or at least your notifications—during work hours is a good way to prevent you from checking your phone all the time.

The same applies to your computer. If you have the privilege of accessing social media on your work desktop, switch off the notifications on there.

Another good tip is to logout from your social media accounts. Therefore when you feel the urge to check it, you might be swayed because your page isn’t so easily accessible.

3. Manage Interruptions

There are certain disruptions in the office that are unavoidable such as your manager requesting a quick meeting or your colleague asking for assistance. In order to deal with this, your best approach is to know how to handle interruptions like a pro.

Be proactive and inform the people around you of your need to focus. Turn your status on as “busy/unavailable” on your work chat app.

If you’re on a deadline, let your colleagues know that you need to concentrate and would really appreciate not being interrupted for the moment, or even work from home if that’s a feasible option for you.

By anticipating and having a plan in place to manage them, this will minimize your chances of being affected by interruptions.

4. Eat the Frog

Mark Twain once famously said that:

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“if it’s your job to eat a frog, it’s best to do it first thing in the morning. And if it’s your job to eat two frogs, it’s best to eat the biggest one first.”

What this basically means is that you should get your biggest, most urgent task out of the way first.

We all have that big, important task that we don’t want to do but know we have to do because it holds the biggest consequence if we don’t complete it.

Eat the frog is a productivity technique that encourages you to do your most important, most undesirable task first. Completing this particular task before anything else will give you a huge sense of accomplishment. It will set the ball rolling for the rest of the day and motivate you to eagerly complete your other tasks.

5. Cut Down on Meetings

Meetings can use up a lot of time, which is time that can be used to do something useful.

You have to wait for everyone to arrive, then after the pleasantries are out of the way, you can finally get stuck into it. And sometimes, it may take a whole hour to iron out one single issue.

The alternative? Don’t arrange a meeting at all. You’ll be surprised at how many things can be resolved through an email or a quick phone call.

But that doesn’t mean you should eliminate meetings altogether. There are certain circumstances where face-to-face discussions and negotiations are still necessary. Just make sure you weigh up the options prior.

If it’s just information sharing, you’re probably better off sending an email; but if brainstorming or in-depth discussion is required, then an in-person meeting would be best.

6. Utilize Tools

Having the right tools to work with is crucial as you’re only really as good as the resources you have at your disposal. Not only will you be able to complete tasks as efficiently as possible, but they can streamline processes. Said processes are essential to a business as they manage tasks, keep employees connected, and hold important data.

If you’re the manager or business owner, ensure your team has the right tools in place.

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And if you’re an employee and think the tools you currently have to work with aren’t quite up to par, let your manager know. A good team leader understands the significance of having the right tools and how it can impact employee productivity.

Some examples of tools that could be used:

Communication
  • Slack for team chat and collaboration.
  • Samepage for video conference software.
  • Zendesk for customer service engagement.
Task Management
  • Zenkit for task and project collaboration.
  • Wunderlist for listing your to-do’s.
  • Wekan for an open source option.
Database Management
Time Tracking
  • Clockify for a free tracker.
  • TMetric for workspace integrations.
  • TimeCamp for attendance and productivity monitoring.

You can also take a look at these Top 10 Productivity Tools to Help You Achieve 10x More in Less Time.

7. Declutter and Organize

Having a disorganized and cluttered workspace can limit your ability to focus. According to researchers, physical clutter can negatively impact your ability to concentrate and take in information.[3] Which is why keeping your work environment well ordered and clutter-free is important.

Ensure you have your own system of organization so you know what to do when the paperwork starts to pile up.

Being organized will also ensure that you know where to find the appropriate stationery, tools, or documents when you need it. A US study reveals that the average worker can waste up to one week a year looking for misplaced items.[4]

Here’s a useful guide to help you declutter and organize: How to Declutter Your Life and Reduce Stress (The Ultimate Guide)

8. Take Breaks

Taking regular breaks is essential for maintaining productivity at work. Working in front of a computer can lead to a sedentary lifestyle which can place you at a higher risk of heart disease, diabetes, and obesity. Even a 30 second microbreak can increase your productivity levels up to 30 percent.

As well as your physical health, breaks are also crucial for your mental and emotional wellbeing. That’s because your brain is like a muscle, the more it works without a break, the easier it is for it to get worn out.

Ensuring you actually take your breaks can prevent you from suffering from decision fatigue. It can also help boost creativity.

Take a look at this article and learn why you should start scheduling time for breaks: The Importance of Scheduling Downtime

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9. Drink Water

Although we know we should, it’s easy to forget to drink enough water during the working day.

Many of us turn to tea or coffee for the caffeine hit to keep us going. However, like taking breaks, drinking water is essential for maintaining productivity levels at work. It’s simple and effective.

Not drinking enough water can lead to dehydration and also headaches, tiredness, and weight gain.

A good tip to avoid dehydration is to keep a water bottle at your desk as it can serve as a reminder to constantly drink water.

If you find the taste of water a little bland, add some fruit such as cucumber or lemon to give it a better taste.

You can also get more ideas on how to drink more water here: How to Drink More Water (and Why You Should)

The Bottom Line

The preceding 9 ground rules on work productivity aren’t the be-all, end-all. You and the company you work for may have other tips on how productivity is best increased and maintained.

After all, it’s something that can be perceived differently depending on the exact job and work environment.

In saying that, however, the 9 ground rules serve as a good foundation for anyone finding themselves succumbing to disruption and distraction, and are looking for ways to overcome them.

A good tip to keep in mind is that change doesn’t happen overnight. Start small and be consistent. If you slip up, just dust yourself off and try again.

Developing habits happens gradually, so as long as you keep up with it, you’ll soon start to notice the changes you’ve been making and eventually enjoy the fruits of your labor.

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Featured photo credit: Cathryn Lavery via unsplash.com

Reference

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