Tag: time management tips for business

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Strategy

5 Time Management Secrets Of Successful Entrepreneurs

5 Time Management Secrets of Successful Entrepreneurs
5 Time Management Secrets of Successful Entrepreneurs

Serious goal settings require an unblinking focus on managing time effectively and it is one of the most powerful skills that can help you to attain success. In the absence of it reaching your goals will be impossible!

You can make some progress, but handling your tasks will be an uphill battle if you don`t take your time seriously.

Time is the greatest asset. If you invest in it smartly, your life will be transformed irrespective of your age, religion, caste, creed, occupation, and gender. So if you are serious about achieving your goals, you should find good time management and work upon it.

The foremost important thing is to achieve some balance in your professional and personal life. If you are looking for some of the most effective time management skills, here is a list:

1. Set Goals

Not having a goal simply means driving without knowing your destination. If you don`t set a goal, then you will lack the proper targets due to which you will fall off track. But when you set them the right way, the sky is the limit. Use the smart goal technique to sort your professional and personal goals to see things through. This video would help you to set a clear focus on your goals:

2. Find a Good Time Management System

To maximize your productivity, finding a good time management system is very crucial. There are many time management systems like The Parkinson`s Law, 1-3-5 Law, the quadrant time-management system, and a lot more.  These systems can help you sort your time effectively and can help you increase your productivity.

3. Spend Mornings on MIT’s

Mark Twain once said, “if it is your job to eat a frog, it is best to do it first thing in the morning. And if it is your job to eat 2 frogs, it is best to eat the biggest one”. His point? Tackle the most important tasks in the morning that needs your complete focus and creativity. Accomplishing these tasks will give you a sense of achievement.

4. Take Breaks When Working

While many organizations endorse the culture of working continuously, round-the-clock, it is one of the most toxic traits that can hamper your productivity as well as your mental peace. Take frequent breaks is essential as it boosts your creativity and productivity. According to a study you should work for 52 minutes and take a break for 17. And if you are an entrepreneur who is working for yourself, this becomes even more crucial.

5. Prepare to-do lists in advance for the next day

Make a list for the next day every single evening before hitting the bed. Writing down all the activities in your list gives you time to plan for your day in advance. It helps you prioritize your tasks and finish them on time.

Time management is a must-have skill for every entrepreneur as it brings a harmonious balance between work and personal life. Where carrying out daily tasks successfully ensures a bright future, maintaining a personal life is also vital for well-being.

Categories
Strategy

4 Powerful Time Management Tips To Take Your Performance At Its Peak!

4 Powerful Time Management Tips To Take Your Performance At Its Peak!
4 Powerful Time Management Tips To Take Your Performance At Its Peak!

A day has 24 hours, and individuals have 240 tasks to accomplish in those limited hours. From students to entrepreneurs, small business owners to employees everyone struggles with achieving their goals in the limited hours despite many time management strategies available.

Between studying for exams, enrolling in new classes, writing papers, reading books, and making time for office hours, there are multiple tasks to complete as a student. Many people complain about not having enough hours. But all the successful persons in this world have 24 hours too. Then how did they accomplish so much? They manage their time efficiently and achieve more by doing less.

Though there are various time management tips available, we have narrowed down the list by handpicking the most effective ones:

1. OKR- Objectives & Key Results

A very effective framework, OKR is used by the world`s big giants like Google, Uber, Linked In, and Intel. This framework is quite simple and consists of Goals and key results. In the OKR framework objectives are descriptions of the things that you want to achieve. They should be short, engaging, and inspirational. One should have 3 to 5 high-level objectives.

Key results are metrics of how you measure your progress towards your objectives and should be very clear. There is software like Weekdone, Perdoo, Workfront, 15five, and 7 Geese that support OKR.

2. SCRUM Technique

SCRUM is the most popular and effective agile productivity framework especially when it comes to software development. Though it is not a time management technique, it can help in boosting your productivity. The major aspect of this technique is that you have to stay flexible and be acceptable about the circumstantial changes.

Also, this technique puts a lot of emphasis on team-building to create a valuable outcome, responses to changes, and collaboration with all stakeholders. It helps to improve the way you do your work.

It divides into three roles:-

a). Product Owner-His role is to manage priorities, talk to stakeholders, and takes care of products.

b). SCRUM Master- He ensures the SCRUM framework and removes obstacles.

c). The Team- Cross-factual, and a fully committed team.

3. POMODORO Technique

Invented in the late 1980s by the software developer and author Francesco Cirillo, ‘the Pomodoro Technique is a very popular time management tip. One of the major reasons behind its popularity is its simplicity. In this technique, you should break down your daily work and complete it in intervals separated by short breaks.

You work for 20-25 minutes straight which is called one Pomodoro and then take a 3-5 minutes break. After 4 Pomodoro cycles, you take a longer break of 15-30 minutes to recharge.

4. Do Deep Work

Coined by Cal Newport ‘Deep Work’ states that activities that require 100% focus and energy must be completed first in a state of distraction-free concentration that your cognitive capabilities to their limit. With this technique, you produce work with exceptional quality and value. This technique time management strategy can also help you to improve your skills and do things that are hard to replicate.

The above-mentioned time management tips can boost your productivity. Apply these in your daily life and you can achieve more by doing less. Finishing your tasks on time will instill a sense of achievement that will keep you motivated.

If you are an entrepreneur and looking for professional guidance and expertise to grow your startup business you can take Business Coaching Program. Take help from a certified business coach and witness your business growing.

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Webinar

5 Effective Time Management Tips For Entrepreneurs To Increase Productivity!

5 Effective Time Management Tips For Entrepreneurs To Increase Productivity!
5 Effective Time Management Tips For Entrepreneurs To Increase Productivity!

Many young entrepreneurs often complain about not having enough hours in a day to achieve everything, but that is the half-truth. The problem is not with the day, but with the time-management skills that only a few people focus on.

As an entrepreneur, the to-do list is always growing with multiple things getting added on daily basis. If you too feel the same problem then it is high time that you master the skill of managing your time. However, there is a catch! Not all time management strategies work out for everyone. Hence, you will need to get a broader view to figure out what will work for you and what isn`t.

Every successful entrepreneur knows how crucial it is to manage time effectively. Though, everyone has their requirement and feasibility when it comes to time management, here is our list consisting of best time management tips for entrepreneurs below:

1. List your Priority Tasks

Begin your day by writing down the essential tasks that need to be completed in the first half. Though there are multiple management tools, they can be overwhelming. Avoid going down the rabbit hole and filling your day with non-essential tasks.

2. Set Deadlines for Yourself

One of the most common setbacks that most human beings set for themselves is procrastination. Procrastination or delaying things happen when there are no set deadlines. It is essential to set firm deadlines for important tasks, even if there is no external deadline.

Whether it is about writing a report or submitting a creative piece, meetings with stakeholders, or phone calls, setting a timeline for a particular work can help you finish up your task. It is one of the most essential aspects of time management.

3. Build Up Momentum

The productivity of your day depends on how you spend your first few hours after waking up. There is a reason why successful people are so much dedicated to their morning routines. When you have already completed your most important tasks at the time when your competitors are still crawling out of bed, you are ready to have a super-productive day. Get up early and plan your day.

4. Block Your Calendar

It is very important to allocate your time to the scheduled tasks in advance. Blocking a calendar can help you to dedicate a time slot for each task and will allow you to finish the most vital tasks early in the day. If due for any reason tasks are not done by the day, they will be dragged to the top of the next day.

5. Perform Right Tasks at the Right Time

Time is money and available in a very scarce amount. The best way to maximize your potential and productivity is to work in a way that is consistent with your internal clock. If you are a morning person, you can wake up early to complete the task that needs all your attention. Time management is an effective skill that will not help you to make more time but will help you to use it more efficiently by doing the right tasks at the right time.

To master the skill of ‘Time-management’, you can also watch our Free webinar on Peak Performance and Productivity by Dr. Vivek Bindra in which he will explain how to make your day most productive.

If you are an entrepreneur, you can take our business coaching program by going to our website www.badabusiness.com. This course provides you handholding support of a personalized coach who will help you resolve your current business challenges.

To join our free Webinar, click here:  vivekbindra.graphy.com

Date & Time: Saturday 2nd Oct 2021 | 12 PM-2PM

Categories
Business motivation Strategy

7 Important Time Management Tips For Entrepreneurs In 2021!

7 Important Time Management Tips For Entrepreneurs In 2021!
7 Important Time Management Tips For Entrepreneurs In 2021!

“The lost time is never found again”, this famous quote said by the infamous Benjamin Franklin is very popular for two reasons. First, it holds nothing but the truth about the nature of time, and second, it inspires us to manage our time constructively.

Time is a valuable resource without an iota of doubt. Whether you are a student who is preparing for his exams, or an entrepreneur, who wants to do a lot in a very short span, time management is paramount for everyone.

Starting a business from the scratch requires a great deal of determination, hard work, and discipline. Hence, proper administration is crucial.

Most people often misinterpret the management of time with working extra hours. However, overworking yourself will not yield positive results, and you will rather end up feeling worn out.

Whether it is Bill Gates, Jeff Bezos, Mark Zuckerberg in this era, or Mahatama Gandhi, Nelson Mandela, and APJ Abdul Kalam, every great leader had 24 hours in a day. But they have achieved great heights of success in their lifetime.

How did they do that? They managed their time well. You can watch some of the best time management tips, right here:


One of the most common misconceptions that entrepreneurs or solopreneurs generally have is that it is OK to work for excessive hours because they are their bosses. However, this pattern of thinking can create an overload of stress.

The job of being an entrepreneur is not an easy one. And because they are responsible for donning multiple hats, entrepreneurs have a greater responsibility. This is where time management is crucial.

Here are eight tips that will help you to manage your time in the right way and achieve more productivity within your business:

  1. Prepare a list of Important Tasks

Daily or weekly, whatever suits you, but preparing a list of tasks will help you to identify the important tasks and prioritize them. Every morning, before you start your day, go through your list and allot a specific time for each task. It will also help you to accomplish all the essential goals for the day.

  1. Learn to Prioritize

When every task is a priority, nothing else is! We often get indulged in multiple tasks throughout the day, without giving it a thought if all of them hold equal importance. Once you have listed out all your daily tasks, highlight those that are on priority.

By creating a list you can recognize the activities that require immediate attention. Sorting your daily tasks based on priorities will bring you closer to your goal and help you further to advance in your venture.

Prioritizing, will not only give you sufficient time to get all the crucial things done on time but also help you avoid procrastination.

  1. Manage a Calendar

Maintain a calendar, digitally. It will help you to keep track of the tasks that you require to finish in a day. Also, you can set a reminder for specific tasks, so that you don`t forget about the tasks that are to be carried out on the same day.

  1. Organize your work around your energy levels

It`s often said that the morning time is considered to be the most productive time. Why? Because our energy levels are quite up, the mind is fresh, and most of us are ready to face the day. Our energy levels are directly proportional to our efficiency and productivity.

Hence, if it is possible, try to schedule your most difficult tasks in the first half of the day, when your energy levels are at their peak.

  1. Focus on Productivity

When you are managing time, it is imperative to ask yourself few questions. Will this task make business more productive? How much does this activity will contribute? Questions like this will enable you to analyze which activities will enhance efficiency and prove more beneficial for your business. You can then plan everything that is in favor of your business.

  1. Grow at your own pace

The major reason why this present generation of millennials is often stressed out and overloaded with work is that they all want to win the race at the same time. While you must keep making progress, it is also important to go at a pace with which you feel comfortable.

Do not compare your journey with others, because everyone has their battles and opportunities. Concentrate your energy and effort on fulfilling your goals at the pace you feel is appropriate for you- personally and professionally.

  1. Make time for yourself

Within the whole process of time management, entrepreneurs often forget to make time for themselves. Finding space for distraction, relaxation is very important. Every day, for a couple of hours, dedicate yourself to relax by taking a break from work, resting for dedicated hours, and focusing on your mental and physical well-being.

Time management was already quite a challenge during normal times. Now with the COVID-19-induced pandemic, where everyone is working from home, it has become even more difficult. From sharing spaces with our partners to managing kids and parents at home, time management has even become more essential.

So, apply our tips in your daily life and you will experience a considerable amount of improvement in your life.

Being an entrepreneur is not easy. But we believe with the right guidance from the best business coach in India can help you to overcome the challenges.

You can also take our ‘Everything about Entrepreneurship’ course, which is one of the best online business courses for entrepreneurs in India. Our courses offer in-depth knowledge about business and the market that lets you manage many aspects of your business with the minimum investment of time and money, leaving you free to focus on the larger picture.

Categories
Startup Strategy

Right Marketing Strategies And Tips For Attracting Franchises

Franchise business is one of the great opportunities, which has profited scope and its trending as well. There’s only one risk associated with this business if you can find the right franchise partner.

Whenever we talk about procuring new customers, we have a lot of experts around us, but finding the right partner for a franchise is a difficult task. Having a suitably qualified partner who can operate your franchise can be a definite challenge. Looking for the same minded person who can showcase your brand as you want is tough, but not impossible.

Therefore, we have some tips with which you will be on the right path to find a franchise partner.

Brand Positioning of Your Brand As An Expert

Creating your brand as an expert in the marketplace is far different from creating brand awareness. As a brand owner, your foremost focus should be on enhancing industry knowledge as a resource for the others. For this, you need to make efforts to join the webinar, round tables as often as possible.

You need to ensure on stand out and provide more to your target audience than your competitors. Therefore, you need to be honest, clear, and consistent. It will help you to build trust and establish as an expert in the marketplace.

Be Appealing to Franchises

Never let down your franchise partner by putting the right scalable systems to support. Treat your partner as equal, let them be privy to the inner working of the company, and offer them support programs with good communication to keep them engaged with your brand.

Building Strong Communication

For building strong communication with franchises, you can leverage your social media network and digital communication platforms. By providing all kinds of information to them can help you attract and convert prospective franchises into new partners.

When you provide support and solve the queries by current partners through social media channels, it will showcase your strong communication skills to your new partners.

Building Strong Online Presence

Just finding the right franchise partner should not be the only goal of yours. It doesn’t refer to simple branding and corporate messaging, but also building a strong story for your brand. Your aim should be to share your philosophy, ethics, and your vision behind the brand.

The best idea to support creating a separate web page on the current website to share or talk about the franchise partner. It can have all the details for signing up a new partner to the testimonials of the existing one.

Creating a Strong Marketing Strategy

Building a strong marketing strategy can be beneficial to acquiring a new franchise and doing the happy existing one. A strong brand name with efficient advertising and strategy is what is required at difficult times like COVID-19. Include SEO, organic search optimization in your marketing plan.

Finding the right franchise partner can excel in your business growth. For that, you need to work on the correct tips for marketing strategies to attract franchises on board.

 

Categories
HR & People Management

8 Important Time Management Tips for Business Owners

प्रतीकात्मक तस्वीर

Time is Money and Time Management is the way to earn it!

Running a company requires discipline and therefore time management for business
becomes critical for being successful. A business owner wants to do a lot of things for e.g. schedule meetings, prepare budgets, strategize marketing and sales & even networking. How can he pack in so much? Here are 8 easy time management tips
that will help business owners plan their workflow.

1. Prepare a Schedule

  • Entrepreneurs are busy individuals; hence time management for business becomes essential
  • Prepare a day-to-day schedule of what needs to be done when and try and stick to it!
  • This can be done in the way of maintaining a pocket notebook or use online tolls to help you make a schedule. Google calendar can be of great for this

2. Outsource Non-Essential work

  • Business owners have to realize that they don’t need to do everything themselves. Outsourcing non-core work is an efficient way of time management for business
  • For e.g. Don’t take administrative work in your hands, outsource it to other professionals. If there are tasks that can be outsourced to freelancers, explore that option as well

3. Prioritize Work
 

  • Distractions can impact our work schedule in a negative way. Hence prioritize and learn to say ’No’ to things that are unimportant for the business and can be done later
  • At the end of each workday, write down the six most important things you need to accomplish tomorrow and review how much you could achieve
  • This will help you to know which tasks are on the utmost priority list for the next day

4. Use Technology to save time

  • Technology is an enabler when it comes to time management for businesses. Use remote software and apps that can help you with other functions of the business
  • Your monthly bill payments can be automated
  • Use a time tracking app like Time Doctor to avoid losing out on important things to do
  • Highly sophisticated marketing campaign tools can be set up

5. 80/20 Principle for Time Management

Being a business owner you have to learn about the 80/20 rule which implies that 80% of your tasks should be done with 20% of your time. This makes time management for business highly efficient

  • Delegate tasks that are time-consuming and perhaps less revenue-generating to others
  • Prioritize in a way that you complete your most important tasks that time of the day when your mind and body are highly productive

6. Avoid Distraction

  • Avoid Time wasters!
  • These could be colleagues, family & friends or even social media engagement like Facebook and Whatsapp chats
  • The point is not to discourage you to unwind but avoid these unnecessary distractions during your most productive hours

7. Keep some time to unwind

  • When we talk about tips for time management for business owners, it does not mean to manage only your work life, take some time to relax the mind
  • During scheduling tasks for the day do keep a window for some sort of activity that help you energize and channelizes your brain

8. Learn to Multitask

  • The skill of multitasking can help in better time management provided you don’t get confused
  • Multitasking is a skill that will help you succeed not only at work but also in life
  • You can group similar tasks. For e.g. if you want to contact suppliers and vendors, see if it can be grouped together
  • Try and achieve your tasks by dividing it into smaller segments and then setting a time frame. This can help in faster task completion and better time management for your business

The reality is no one can add more hours to their day. Instead, we have to master the art of using time sensibly. These time management tips will go a long way in streamlining your work and setting deadlines for its completion.