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5 Time Management Techniques to Run a Successful Side Business

5 Time Management Techniques to Run a Successful Side Business

Running a business is hard, and running a business on the side is even harder. While you handle your normal duties which take up most of your day, you have limited time to handle what most people take care of on a full-time basis.

But while you may think that you are busy each and every moment of your day, you are probably wasting time which could be spent more productively. A survey of employees found that over 60 percent of workers admitted wasting at least one hour every day – and that’s just the amount of time they know about. Even a dedicated worker like yourself can waste time in ways which you would never think about.

Here are a few tips for how you can spend your time more effectively and ensure that every second is used to build your side business. Never forget that time is money.

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1. Too little is better than too much

You should know that it is important to craft a schedule in advance which details how you plan to spend your day. But all too often, people craft their schedule by stating that they will focus on this one particular task for an hour, then immediately snap to another task for another hour and so on.

This is a bad approach to take. The problem is that if you end up going over schedule with your first task, then you will have less time with your second. This puts pressure on you both for finishing the first task quickly and rushing the second task when you have limited time.

Instead, place a period of “white noise” in between your tasks. This buffer zone will give you more flexibility in your schedule and a time period to handle less important tasks.

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2. Ignore your e-mail and phone

One of those less important tasks is handling your e-mail and answering phone calls. How often have you been in a “working” groove, only for it to be broken up by a phone call which you have to handle for the next 15 minutes? Distractions like these end up breaking up that groove and make it harder to get back to work.

Unless you get a truly critical phone call, don’t answer it when you are working. During a “white noise” period, you can take a moment to return any calls or answer any e-mails which are important. But don’t let your phone and e-mail dictate when and how you work. Remember that there are successful individuals even today who don’t use e-mail at all.

3. Do not multi-task

You may be that superhuman genius who can handle five tasks at the same and do them all efficiently, but I doubt it. In fact, multitasking can even affect your IQ as you feel like you’ve accomplished a whole lot with a bunch of small tasks even though you have done nothing.

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So focus on one thing at a time, and don’t stop until it is complete. When that is finished, then move to the next task. If you only have the time for a few major tasks while you handle your other duties, that will be better than completing many unimportant duties.

4. Something is better than nothing

Sometimes you are just really busy with your other duties and have only a half hour of spare time. You may think that there is no point in working on your side business with so little time.

But many strokes, though with a small ax, can fell even the hardest oak. This is one of the keys to generating a residual income—those small periods of time add up over the months and years a. At a bare minimum, you can take care of relatively unimportant tasks during those moments to ensure that you can handle bigger tasks for when you have the time. Never think that there is a moment so small that you can’t do something to help your side business.

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5. Review what you have accomplished

If you have a bad history of wasting time, this step is probably the most important one of all. It is very easy to feel like you have been busy the entire day, only to realize later that you have done nothing. This scenario is dangerous because it can take a while to realize just how unproductive you have been, and thus you can fall into this trap for days or even weeks.

To avoid this, take a moment at the end of every day to review what you have done, where you may not have been productive, and what you need to get done tomorrow. I like to do this as the final thing before I go to bed, but the important thing is to understand where you can improve.

Take care NOT to use these review sessions to beat yourself up for your mistakes. Frame your accomplishments positively, and just acknowledge what you can do better.

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Last Updated on September 23, 2020

Do What You Love and Love What You Do to Achieve More

Do What You Love and Love What You Do to Achieve More

Are you waking up each day looking for that perfect thing, activity, or job that will make your life work? Or, maybe you are looking for that perfect relationship. Once you “get” this new thing that will allow you to do what you love, you are sure that you will be happy forever.

In reality, life doesn’t work like that, and we would probably get bored if it did. There is likely no one thing, experience, or activity that will keep you feeling passionate and engaged all the time. What’s important is staying connected to what you love and continuing to grow in the process.

Here, we’ll talk about how to get started doing what you love and achieving more in life through the motivation it brings. Doing this doesn’t have to take a long time; it just takes determination and energy.

Most People Already Know Their Passion

So many people walk around in life “looking for” their passion. They look for it as if true passion is some mysterious thing that is difficult to find and runs away once you find it. However, the problem is rarely lack of passion.

Most of us already know what we love to do. We know what excites us, even if we haven’t done it for years. Instead, we focus on what we think we “must” do.

For example, maybe you love building model cars or painting pet portraits. Yet, each day you work a completely unrelated job and make no time for the activity you already know you love. The truth is you probably don’t need to find your passion; you just need to start doing what you already know you’re passionate about[1].

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No Activity Is Exciting All the Time

Even people who are living their dream lifestyle or working their dream job don’t love it all the time. Every job or lifestyle has parts of it that we won’t like.

Let’s say your dream is to become an actress, and you succeed. You may not enjoy the process of auditioning and facing rejection. You may experience moments of boredom when you practice your lines over and over again. But the overall experience is totally worth it.

Most of life is like that. Don’t set yourself up for disappointment by demanding that life be perfect all the time. If things were perfect and easy, you would ultimately stop learning and growing, and life would begin to lack even more meaning in that case.

Be grateful for both the good and bad moments as they are both entirely necessary if you genuinely want to do what you love and love what you do.

Doing What You Love May Not Be Easy

Living a life you love is unlikely to be easy. If it was, you would not grow very much as a person. And, if you think about a great book or movie, the growth of the main character is what matters most.

What if the challenges you meet along your path to living a life you love were designed to make you grow as a person? You may actually start looking forward to challenges instead of dreading them. An easy life hardly ever makes a compelling story.

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If you struggle to overcome challenges, try writing them down each time you encounter one. Then, write down three ways you could tackle it. Try one, and if it doesn’t work, try another. This way, you’ll learn what does and doesn’t work for you.

How to Do What You Love

There are many small steps you can take to ensure you are making time to do the things you love. Start with these, and you’ll likely find that you’re already on the right track.

1. Choose Your Priorities Wisely

Many people claim they want to do something, yet they don’t do it. The truth is they might not really want to do it in the first place[2].

We all end up following through on what matters most to us. We make decisions moment by moment about what we need to focus on. What we choose to do is what we deem most important in our lives.

If there is something you claim you want to do but you don’t do it, try asking yourself how much you really want it or where it’s currently placed on priority list. Are there other things you want more?

Be honest with yourself: what you currently do each day is a reflection of your priorities. Recognize that you can change your priorities at any time.

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Make a list of your priorities. Really take the time to think this through. Then, ask yourself if what you are doing each day reflects them. For example, if you believe your top priority is spending more time with your family, but you consistently take on extra hours at work, you’re not really prioritizing things in the way you think you are.

If this is happening, it’s time to make a change.

2. Do One Small Thing Each Day

As stated above, doing what you love doesn’t have to mean finding that perfect job that makes you want to jump out of bed in the morning. If you want to do what you love, start with one small thing each day.

Maybe you love reading a good book. Take ten minutes before bed to read.

Maybe you love swimming. Get a membership at the local YMCA, and go there for thirty minutes after work each day.

Dedicating even a short amount of time to something that brings you joy each day will improve your life overall. You may find that, over time, a career path related to what you love to do pops up. After doing the thing you love each day, you’ll be more than prepared to take it on when the opportunity arises.

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If you need help making time for your passions, check out this article to get started.

3. Prepare to Make Sacrifices

If you are an exceptionally busy person (aren’t we all?), you may have to make sacrifices in order to make space for the things you are passionate about. Maybe you take on less extra hours at the office or take thirty minutes away from another hobby in order to develop another that you enjoy.

Looking at your priority list will help you decide what can get put on the back burner and what can’t. Remember, do this thinking about what will help you feel good about how you’re spending your time. 

For example, if you love writing but rarely make time for it, consider getting up 30 minutes earlier than normal. Or instead of browsing your phone for 30 minutes before bed, you can write instead. There is always a way to find time for what you love.

Final Thoughts

If you love what you do, each day becomes a joyful adventure. If you don’t love what you are doing, life feels like a chore. The best way to achieve success is to design a life you love and live it every day.

Remember, doing something you love doesn’t have to include big gestures or time-consuming projects. Start small and grow from there.

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Featured photo credit: William Recinos via unsplash.com

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