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7 Indispensable Time-Management Tips for Entrepreneurs

7 Indispensable Time-Management Tips for Entrepreneurs

Are you an entrepreneur who finds that they aren’t getting enough done in a single work day? It’s not unusual to find yourself behind the eight ball when you are trying to accomplish so much in a given day. The key to getting it together is improving your time-management skills. Check out these time management tips; before you know it, your efficiency and productivity will increase immensely.

1. Invest in building quality business systems.

One of the best and most overlooked methods of saving time is to avoid spending your day putting out fires. You can do this by investing the time and money up front to have quality business systems and procedures in place. This upfront investment, in essence, creates the infrastructure on which your business runs. You do this by establishing quality control methodologies, implementing appropriate training programs, investing in good technology, and setting up procedures for accomplishing both mission and non-mission critical tasks.

Unfortunately, far too many entrepreneurs focus on doing these things because there is not an immediate positive impact on the bottom line. Establishing quality business systems also doesn’t have a direct impact on growth — at least, that’s how many startup owners see things. In truth, once the initial investment has been made, the efficiency and streamlining that results can keep costs down and allow your team to focus on sales, growth, and research and development.

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2. Know when to delegate and outsource for faster growth.

Many entrepreneurs are more than used to wearing more than one hat. That’s great for when things are just getting started and funds aren’t available to hire staff or bring on consultants and vendors. Unfortunately, jumping into any role when a need arises no longer becomes an efficient use of your time once a certain level of growth has been achieved. This is something that many entrepreneurs never fully grasp. Instead, they see it as a point of pride that they are able to jump in and save the day.

There are some problems with this. First of all, just because you sit at the helm of your ship doesn’t mean that you have the talent and experience needed to get every job done that needs to be done. You’ve hired people, hopefully, because they are better and smarter than you in their area of expertise. Delegate out to them, and then let them do the jobs you have hired them to do. This leaves more time for you to focus on leadership, sales, and planning.

3. Long-term planning is essential to keep your current focus sharp.

Once you do learn how to delegate, you will find yourself free to focus on planning. This is great, but it brings up the next issue when it comes to effective time management: don’t spend too much time focusing on short-term planning. Instead, keep your eyes on the future.

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How does this help with time management? When you engage in long-term planning, you force yourself to keep your focus on the activities that need to be done to meet those long-term goals. As a result, you will be less likely to get caught up in busy work or time-wasting activities. Your mind will be too laser focused on working on tasks that will lead up to the long-term goals that you set. Remember that making plans required for scaling your business and making the most of your time will lead to growth.

4. Eliminate the common time-wasting habits.

Constantly checking social media, jumping in and out of your inbox, running to the break room for more coffee or water, “checking up on everyone’s progress,” checking fantasy league stats and scores, etc. are all examples of the common, time-wasting habits that absolutely destroy efficiency. Create personal policies for yourself that eliminate these time-wasting habits so that you can make better use of your time.

Here are a few things to try:

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  • If a website is too tempting, consider buying an app to block it during working hours
  • Check your email three times each day only
  • Buy a bigger coffee mug or water bottle
  • Give yourself 20 minutes during the work day to spend in the internet rabbit hole
  • Use email to check up on staffers or trust them to come to you if your intervention is needed
  • Make a list of “Things to do When There is Nothing to do.” Then, when you are bored work on that list

5. Set up airplane days.

No, an airplane day is not a day that is created to celebrate those large miracles of aerospace engineering. An airplane day is simply a day where you switch your phone into airplane mode so that notifications, texts, and phone calls are all blocked. Planning airplane days is a great way to ensure that you have the time to accomplish the kind of pen to paper, heads down tasks that are difficult to tackle when you are dealing with a constant influx of electronic disruptions.

Of course, as the boss, you cannot simply flip your phone into airplane mode. You have to plan for these things. Let your people know in plenty of time that you will be spending a day out of communications range, and be sure that you designate a go-to person in your absence. Then, enjoy a day of catching up on tasks and getting things cleared off of your desk.

6. Prioritize till it hurts.

Almost everybody could benefit from taking a scalpel to their daily to-do list. This is truer for entrepreneurs than anybody else. Don’t just create lists of things to do. Sort that list into priorities and do it ruthlessly. Start off by creating the list of things that must be accomplished today in order to avoid creating fires that will have to be managed and mitigated later on. Those are the highest-priority tasks, and they should get your primary focus. Then, create a list of mission critical tasks. These should be tasks that need to be accomplished that work toward the goals of sales, growth, or development. It is only after these goals are accomplished should you focus on lower priority goals such as administrivia.

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7. Schedule downtime too.

An entrepreneur on the brink of burnout is very unlikely to be able to make good use of their time. This is why the final tip on this list is to schedule downtime. Both your mind and body need rest, relaxation, stimulation, and fun to function properly. So, pursue hobbies, take vacations, meditate, and read. Take a lunch break. Know when it’s time to “punch your card” at the end of the day and get some rest.

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Elena Prokopets

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Last Updated on October 17, 2018

7 Natural (And Highly Effective) Ways to Improve Memory

7 Natural (And Highly Effective) Ways to Improve Memory

How is your memory? Is your cognitive function as strong as you’d like it to be?

If not, then you’re definitely going to be interested in the memory improvement tips I’ll be sharing with you in this article.

Despite what you might think – or have been told – improving your ability to recall information is certainly possible. You just need to know the right ways to do it. (Don’t worry, as you won’t need to make any significant lifestyle changes.)

So how to improve memory? Let’s dive straight into the first of seven easy ways to improve your memory significantly.

1. Meditate

We live in a world of non-stop, 24/7 information. It’s like a waterfall that’s endlessly pouring news, data, facts and figures into our conscious minds.

Unfortunately, our brains are not designed to absorb this tremendous amount of information. It’s no wonder then, that most people struggle to remember information and recall things.

Even if you believe you have a good memory and are comfortable with multi-tasking, you’ll also be aware that there’s only so much information your brain can process at one time. And research suggests that the more information and distractions, the harder it is for you to transfer information to your long-term memory.[1]

Fortunately, meditation can help you out.

Even if you just meditate for 10 minutes per day, you’ll boost your ability to focus, which in turn, will make it easier for you to remember important facts.

If you need help in shifting into a meditative state, I recommend trying an app like Headspace – which can assist you to achieve this in a convenient and structured way.

And don’t forget, meditation doesn’t just have to be closing your eyes and sitting in a lotus position. Some people prefer to simply take a short walk in nature. This clears and calms their mind, and still provides the all-important boost to their focus.

2. Get plenty of sleep

If you’re sleep deprived or have not been sleeping well, then I’m guessing you’re not remembering well either. This is because sleep and memory are intimately connected.

If you have a busy life and regularly find yourself not getting enough sleep, then this will negatively impact your cognitive abilities – including your memory.

How much sleep should you be getting?

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Well, according to the National Sleep Foundation, you need a minimum of seven to nine hours of sleep per night. If you get this amount of sleep regularly, then within just a few days, you’ll see a tangible improvement to your ability to remember and recall things.

Now, I’ll be honest with you, maintaining a proper sleep cycle is not always easy (especially when the latest Netflix series has just been released!). But if you care about improving your short-term and long-term ability to remember things, then it’s critical that you try to get at least the recommended amount of sleep every night.

Are there ways to hack the sleep cycle?

Yes, there are.

Try these three things:

  • Have a fixed bedtime (preferably before 10pm)
  • Don’t eat too late
  • Make sure your bedroom is as dark as possible

Sleeping is a precious activity. It regenerates your body, clears your mind, and helps with the storing and retrieval of information.

However, don’t sleep just yet, as I want to tell you about another great way to increase memory…

3. Challenge your brain

When was the last time you challenged your brain?

I don’t mean challenged in the sense of overeating or undersleeping. I’m referring to stretching your mental capabilities through things like crossword puzzles, Sudoku and memory games.

To expand your memory bank, and to make your recall razor-sharp, you need to continually challenge your brain.

Feedback from Lifehack readers such as yourself, has suggested that brain training apps are a super-effective way of doing this. Used regularly, these apps can enhance your focus, attention span, problem-thinking ability and memory.

There are hundreds of these apps available (most of them for free), but I recommend starting out with one of the big three:

  • Peak (Android/iOS, free, 10 million+ downloads)
  • Lumosity (Android/iOS, free, 10 million+ downloads)
  • Elevate (Android/iOS, free, 5 million+ downloads)

If you normally spend a chunk of your week playing computer games, then instead of shooting and killing your enemies, why not let some of them live – while you put your attention into boosting your brain power!

Challenging your brain will strengthen your neural pathways and enhance your mental abilities. But don’t just take my word for it, try one of the apps above and see the positive benefits for yourself.

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4. Take more breaks

When I think back to my days as a budding entrepreneur, I distinctively remember working all the hours under the sun – and many under the moon too!

At that time, I believed that breaks were for the weak, and to become wealthy and successful, I needed to shed blood, sweat and tears.

However, I was wrong.

Taking regular breaks is the best way to keep yourself productive, creative and alive to opportunities. It’s also the best way to learn new information.

Let me explain.

Typically, when studying lots of new information, most people will spend hours reading it – in an attempt to learn and remember the content as quickly as possible. Unfortunately, they’ve overlooked something.

Namely, extended study sessions are rarely a good thing, as your ability to retain information naturally declines after a certain period of time.

It’s similar to physical exercise. You wouldn’t attempt to train vigorously for four hours in a row. Instead, you’d take regular breaks to give your lungs, heart and muscles adequate time to recover. Failing to do this will result in muscle cramps and overexertion.

It’s the same with your brain. If you overload it with information, you’ll suffer from mental fatigue.

What’s the answer?

Make sure you take regular breaks when learning new information. I recommend at least a 10-minute break every hour. (You may also want to take a look at the Pomodoro Method.)

If you don’t want to be as regimented as that, then take breaks as soon as you find yourself losing the ability to focus on the new material. Your brain will thank you – and your learning aptitude will move up a level.

5. Learn a new skill

I love this quote, as it’s 100% true – but frequently overlooked:

“Learning never exhausts the mind.” – Leonardo da Vinci

From my experience of helping to develop the careers of dozens of Lifehack employees, I can definitively say that participating in meaningful and purposeful activities stimulates the mind. It also reduces stress and enhances health and well-being.

Let me give you an example of this:

Imagine you work for a global financial institution in one of their call centers. You take over 100 calls a day – many of them complaints. When you started the job a few months back, you were excited to be in full-time employment and working for a household name.

Unfortunately, your initial enthusiasm quickly turned into frustration.

The endless complaint calls began to take their toll on you. And the supervisors irritated you too, as they were far too interested in micro-managing you – rather than letting you work in your own way.

Now, in the story above, the ending could be that you put up with a job you didn’t like, and led a dull and frustrated working life for years and years. However, an alternative ending is this: you channeled your dissatisfaction in to learning a new skill (computer coding). It took you a year or two to get up to speed, but it allowed you to successfully upgrade your career – and the ongoing learning made the call centre job much more bearable.

Clearly, learning new skills gives you impetus, focus and something to aim for. Your brain loves to learn, and you should tap into this by always seeking our new information. And when learning becomes a habit, you’ll find your ability to remember and recall things effortlessly, becomes a habit too.

6. Start working out

If you’re not already working out regularly, then here’s another reason to do so:

Exercising for 20-30 minutes three times a week will improve your long-term memory.

Regular exercise increases blood flow in your body and supplies the brain with extra oxygen and nutrients. And a well-nourished brain is a well-functioning brain!

“But I just don’t have the time?,” I hear you say.

Not a problem.

A research has shown that a daily burst of 60 seconds of high-intensity exercise, offered many of the benefits of the longer exercise routines.[2] So, if you’re short on time – now you know what to do.

Interested in getting started?

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Here are five different ways that will help you work out:

  • Join a gym
  • Join a sports team
  • Buy a bike
  • Take up hiking
  • Dance to your favorite music

7. Eat healthier foods

I’m sure you’ve heard the expression: “You are what you eat.”

This applies to your brain too.

The food that you eat helps determine your brain’s capacity to store and recall information. A poor diet (think junk food + soda!) harms not just your physical health, but your mental health too.

Fortunately, there are several foods that are especially good for your brain and your memory. These include: blueberries, celery and dark chocolate. But anything high in antioxidants will have a positive effect on your brain and memory.

Conversely, highly-processed foods and those loaded with sugar will have a negative impact on your memory. This is due to them providing insufficient nutrients for your brain – leading you to easily suffer from mental fatigue.

Want to be mentally healthy? Then eat and drink an abundance of these for brain health:

  • Turmeric – helps new brain cells grown
  • Broccoli – protects the brain against damage
  • Nuts – improves memory
  • Green tea – enhances brain performance, memory and focus[3]
  • Fish oilfish oil supplements can increase your brain power

Here’re more brain food options that improve memory!

Final thoughts

I sincerely hope these seven memory boosting ways that I’ve covered in this article will be of help to you.

You don’t need to implement them all. I suggest just trying the ones that appeal to you.

But, if you’re serious about dramatically improving your memory, then make a start right now on adopting one or more of the ways I’ve suggested. I’m confident you won’t regret it.

Featured photo credit: Eric Ward via unsplash.com

Reference

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