Time Management: 7 Tricks from the Pros

Time management professionals and gurus each have their own set of strategies and techniques that they recommend. We’ve found that some work better for us at WOW and we’re sharing them with you today.

1. Prioritize: A common problem people face is knowing what’s important and what’s not. When creating your to-do list utilize the time management matrix to the right to determine which items are urgent and important and which can be de-prioritized to the bottom of the list.

2. Do Quick Things Immediately: If you have several tasks on your to-do list that each take 5 minutes, get them all done immediately. You’ll feel a great sense of accomplishment getting them off of your plate and then you can move on to the larger items.

3. Dedicated Time: If you have a project that needs a significant amount of time and attention, dedicate a specific hour (or 3) to focus on it’s completion. Turn off distractions and commit to it’s completion during this time frame.

4. Time Inventory: If you find chunks of your day frequently going missing, take a few days to note and inventory where your time is being spent, down to the minute. Following the inventory process, evaluate what areas could be used more efficiently and make the necessary changes.

5. Calendar with Buffers: If you are often late, consider building in travel time to your calendar. For example, if an appointment is from 3-4pm and it takes 20 minutes to get there, schedule the appointment on your calendar from 2:40pm-4:20pm. This way you won’t over-extend yourself before or after the obligation.

5. Block-Off Email Time: Email is one of the biggest time-consumers of our day. Instead of checking emails as they come in, schedule specific times during the day to review and respond to emails. And remember, being the person who responds immediately to emails doesn’t always mean you are the most productive.

6. Eliminate the Unnecessary: Sometimes companies and individuals schedule meetings out of routine and not necessarily out of need. Review the meetings, calls, and regular appointments in your life and decide what is adding value. If the meeting is mandatory yet adds little value to your day, consider discussing how to improve or eliminate it with your management.

7. Focus, Focus, Focus: Many people have multiple roles (entrepreneur, employee, mother, wife, etc.) that each have different responsibilities. While multi-tasking can sometimes be effective, most of the time it hurts the overall output quality in one or more areas. Instead of juggling multiple roles, commit to focusing on just one role at a time, as much as possible.

What is your favorite time management trick?

TWOW

Organization & Time Management for Entrepreneurs

The ELEN chapter of ABWA in Alpharetta recently invited me to speak about organizing and time management for entrepreneurs at their monthly luncheon. We had an excellent time networking with the members of this group and wanted to share some of the tips we gave in our presentation. In order to manage the variety of daily obligations that entrepreneurs face, we recommended focusing on four organizational areas:

Routines & Task Management:

The importance of routine in your daily, weekly, and yearly lives cannot be underestimated. We recommend, taking a look at the things your business requires of you on a regular basis and then begin to set up routines that will allow you to accomplish each task in the most efficient way. You should also schedule time to prepare for upcoming days and weeks. Sunday evening is a great time for this on a weekly basis. Below are a couple additional tips for integrating routines into your life.

  • Prioritization: Decide what the top 3 things need to happen each day and commit to getting them done.
  • Requests for info/action from others should happen in the morning
  • Batching: Group tasks into categories when making your to-do list (phone calls, emails, physical tasks, meetings, professional tasks, personal tasks, etc.)

Managing Email, Calls & Interruptions:

Dealing with the daily influx of demands for an entrepreneur can be difficult. In order to achieve the greatest efficiency, we recommend telling others what style of communication you prefer. For example, if you are best on email, tell employees and others that they should reach you in that manner. This way you will not be bombarded with phone calls or in-person drop-bys that drain you of time. A few more tips are below.

  • Email Inbox: Use for items that need current action. File all other emails in well-labeled folders immediately upon receipt. Review and clean out folders weekly.
  • Closed-Door Time: Schedule time each day when you will silence the phone, close the office door, and turn off email, so that you can finish necessary tasks

Paper Management:

This is the most common concern among entrepreneurs. Managing the necessary, and not so necessary, paper that comes into the business can quickly become unmanageable. We’ve outlined our best tips for keeping the paper under control below.

  • Filing: Use well-labeled files (physical or digital) and commit to reviewing the contents once per quarter. Shred, toss, or recycle unnecessary items or things that haven’t been needed in 1+ years. Google ‘Suze Orman what to keep documents’ for a list of must keep financial docs with timelines.
  • Expenses: Keep track of receipts for business with an app like Expensify or a desk scanner like NeatDesk.
  • Go Paperless: Attempt to eliminate all paper from your life by scanning, opting out of paper statements/mail, and not printing. Digital records are easier to search, permanent (if stored safely), and require less space.

Needing Assistance: (Personal Assistance, Professional Assistance, and/or C-Level)

A final issue that we commonly see with entrepreneurs in not knowing when to get help. Whether it’s an assistant, an employee, or even a C-level adviser it is important to bring on assistance if it will help your business grow or efficiently maintain. If you are dealing with one of the below issues, it probably means you could use some help.

1) Your work/life balance is suffering

2) You’re in over your head

3) You’re doing tasks poorly and taking more time than the job should require because it is not your expertise

4) You’re doing tasks that are below your level when you could be focusing on more important things.

 

We hope these tips for entrepreneurs are helpful and would love to hear your favorite organizational ideas for people with their own businesses.

TWOW

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