Time-saving tips for entrepreneurs

| 16 July 2014

This article originally appeared on Moneyweb

Time To Save“Sometimes I feel that life is passing me by, not slowly either, but with ropes of steam and spark-spattered wheels and a hoarse roar of power or terror. It’s passing, yet I’m the one who’s doing all the moving.”

This fabulous quote from author Martin Amis in the book “Money”, is something that every entrepreneur can relate to. With so much to do and so few hands, it is often difficult to get to the critical parts of the business.

With that in mind, Moneyweb and Nashua, have a few time-saving tips from leading South African entrepreneurs and C-Suite executives, to provide our community with practical ideas that they can apply in their own businesses and lives.

Here are four tips to stay on track:

  1. Time management takes time: By their nature, entrepreneurs are often gung-ho about tackling every day. While the attitude is to be applauded, they often are so busy, they fail to be productive. Take the first 30 minutes of your day to actually plan your day and what needs to be completed by what time.
  2. Keep your to-do list short: The problem with most task lists is that people will elect to add more tasks rather than tackle the hardest tasks. By keeping your task list short, you are forced to tackle key issues rather than allowing yourself to hide by allocating yourself other tasks.
  3. Allocate time to different business functions: Small entrepreneurial teams are typically strong in certain aspects of a business – for instance technology – but hate handling things like administration and finances. If you don’t have an even skills mix across the company, you may end up allowing things to fall through the cracks. Divide your time up into key areas (such as finance, marketing, sales and administration). Allocate a fair percentage of time to getting to each of your business functions.
  4. Eat! Lecturers and presenters have a sneaky tip for audiences which are showing low levels of engagement. They will often circulate sour sweets around the room. The impact on the taste senses will very quickly perk up an audience. Entrepreneurs often don’t give themselves a chance to recharge during the day – allocate time for a snack break.

Good luck entrepreneurs. May this be a productive and profitable working week.