This article originally appeared on Moneyweb.
Planning is the mitigation for too little time.
Time has never been as valuable as it is today. There is never enough time to do the things that you want to, to achieve the tasks set before you, or to finish that project on time. In today’s fast-paced society, time is of the essence.
Business owners and entrepreneurs most often find that there are not enough hours in the day to accomplish what they had planned. Here are some practical time-saving tips and insights that business owners can apply in their own lives:
- Make a schedule. Unfortunately, there are only so many hours in a day, so it is advisable to create a schedule for your day – this way you will fit in the most important and urgent meetings, see the people that you need to at a specific time, and fit in a lunch date.
- Delegate tasks. You cannot do everything. Find those who are strong in areas where you are weak, and delegate. More often than not, an entrepreneur will try do everything themselves – avoid this. Apply your strengths to what you’re good at. By doing this you’ll create an stress-free environment, and find that you have more time on your hands to focus on what you are good at.
- Learn to say no. If you do not have space in your schedule, or time in your day, just say no. If you can’t commit to a project fully, rather say no or schedule it for another time. The worst thing an entrepreneur can do is say yes to everything, and then produce half-hearted results. You name is your reputation – protect it.
- Avoid meetings that don’t serve your purpose: You don’t need to attend every meeting that your company calls, particularly if you are the head honcho. Meet with the heads of various departments regularly to discuss the company’s vision, and short- and long-term objectives. It is in these appointed meetings that you can review how each department is doing, find out what gripes may have arisen, and find solutions to fix any problems.
Time is a valuable commodity. Don’t waste it on pointless exercises – if you plan your time wisely, you’ll be surprised at what you can achieve in your day.