3 Ways Smart Business Owners Manage Time

3 Ways Smart Business Owners Manage Time

Apr 13, 2021

Being the Chief Clarity and Strategy at Mastery to Success, I’m always looking for ways to simply get things done faster and smarter, and then use my newfound free time to do other, more important tasks or things that I love doing.


There are two types of people in this world, people who are highly effective with their time, and then people who have a lot of non-productive time not achieving a great deal.


If you’re reading this article, then I hope you have arrived on this page because you want to become more productive, be more efficient and effective with your time, and be smarter with your time. This, of course, all leads to you becoming more successful and having more time to spend doing the things you love to do.


I want people to be successful, and I truly believe that one of the key principles to success is being productive and effective with your time. No matter who you are, what you do, or what your business is.


So here are 3 principles that smart entrepreneurs live by each day.


1. Use Forced Deadlines

According to Parkinson’s law, work expands so as to fill the time available for its completion. Having a forced deadline, such as picking up the kids, a phone call or meeting you need to attend, or attending a dinner. Something that you simply must do/attends, so you know that you have to complete the task by this time. If you don’t have a deadline, you have a moving goal post, and chances that it won’t stop moving with you each day until you peg it down with a set date!


If you haven’t announced a date, you’re not serious because without a date, it’s always tomorrow or someday…and in most cases, it’s never day…


Pick a date. It can be far in the future. Too far, and we’ll all know that you’re merely stalling. A real date, a date we can live with, and a date you can deliver on. If your project can’t pass this incredibly simple test, it’s not a project. Deliver whatever it is you say you’re working on on the date you said you would, regardless of what external factors interfere with it. Deliver it even if you don’t think it’s perfect. You picked the date. And as a professional, the career-making habit is this: once you set a date, never miss a date.


Alternatively, you can give the task to someone in your team or personal life to complete who is already a busy person themselves. Busy people can’t afford to not get things done because they simply have too much on their plate already, so they find a way to make it happen and get the task done.


2. Focus On What You Do Best

If you do the things that you’re good at and skilled at, you’ll find you do them really fast and efficiently. But if you deviate and do something that isn’t your core focus, you’ll find that it will take you a long time to do and get done. So here is the lesson:


If you don’t fill your time with your highest priority actions, your time will get filled with low-priority distractions.


Make sure you are clear about your highest priorities and create a system to stick with those every day. One way is to the 1-Minute Freedom Tool you’ve downloaded previously and stick with it. You’ll be thankful for the clarity and accountability it’ll provide you with.


3. Pay For Expert Advice

If you’re running your own business, you need to have a mentor or a coach. Someone to help you along the way with both your business and your mindset. Because whatever it is that you want to achieve in your life, there’s someone out there who has the right knowledge, methodologies, and tools you’ll need at specific times in your entrepreneurship journey.


Don’t reinvent the wheel and fast-track your success with the right coach or mentor.


So rather than go through the process of trial and error, or having to learn everything yourself and spending a huge amount of time and money, find someone that can help you along the way that has already learned the skills you’ll need to grow your business, so you fast track your learning curve and stay focused on what you do best. This investment will return you much more than what you initially invested.


SUMMARY

So there you go, 3 simple principles that smart entrepreneurs use to stay productive.

Now it’s over to you, and I’d love to hear from you how you went with implementing these into your life. So feel free to email us back and let us know what you’ve implemented.

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Drs. Marcia & Olivier Becherel are Personal Leadership Specialists, Life & Business Strategists, Executive Coaches, and the founders of Mastery to Success.


Our mission is to help you activate your personal leadership and tap into your unique design so you can create a clear path forward and enjoy a rewarding, fulfilling, and meaningful life and career.


We help high-achieving professionals, business owners, and emerging leaders to break through to the next level of their life and career by creating a clear path forward.


With more than two decades of experience, our coaching experience and skillsets have set new standards in tuning the human mind, body, and behaviour to achieve greater success, fulfilment, and impact by mastering the science of personal leadership.


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