Top 7 Time Management Tips to Grow Your Business
When you start a small business, time management is a big issue. You have to think about finances, supplies, analytics, marketing, and everything else that a business requires. How do you manage to cover all tasks without sacrificing your private life?
Business owners always struggle with time management in business. They stop spending enough time with their families, they stop exercising, and they lose connection with most of their friends.
Is there a way to complete all work tasks on time and drive the business growth without making so many sacrifices?
We have a few time management tips that can help!
4 Time Management Tips for Business Growth
1. Email Is NOT Your Best Friend
When you start your own business, you’ll be prompted to check the email every ten minutes. It only takes a few minutes to check the messages and respond. But those minutes keep adding up, and the sole action of checking email distracts you from important tasks.
Set a particular time in the day for checking emails. You can do it in the evening, after wrapping up with your schedule. You’ll only respond to the messages that matter. You’ll arrange video conferences and you’ll include them in your calendar. Ignore all the spam and unsubscribe from newsletters that distract you.
It’s best to have a separate email address for business purposes that you can check every day. You can save your private messages for the weekend.
2. Do Your Best to Outsource and Delegate Tasks
I know. It’s a small business. You’re trying to do as much as possible on your own, so you won’t increase the expenses. However, it’s not possible for a startup owner to handle management, supplies, finances, and marketing without delegating at least part of the work.
Hiring a marketing team will cost money, but it will also make you effective at time management. The team will handle the tasks much more effectively, so your brand’s campaign will yield results. It’s an investment that brings money. An accountant will also cost money, but they will handle the finances in the most professional way, while leaving you with time to focus on brand growth.
3. Plan Everything!
Choose your preferred to-do or calendar app. Use it religiously! Dedicate a few minutes each evening to plan the following day. You’ll rank the tasks by priorities, so you’ll complete the most important ones first. Prioritizing is one of the most important rules of proper time management.
4. Forget about Multitasking
If you thought that the most successful people used multitasking as an essential skill of time management in business, you were wrong. Only a few people can stay effective while completing multiple tasks at once. For most of us, that’s a mission impossible. You cannot talk on the phone while writing an email, and you cannot listen to an audiobook while planning the finances for your business.
When it comes to time management in business, monotasking is the rule to follow!
5. Set SMART Goals
Specific, measurable, attainable, relevant and time-bound – those are the type of goals you should set for business growth.
Instead of setting vague goals such as “become popular on social media,” you should make them more tangible. “Achieve 300K Instagram subscribers in two months” is a SMART goal. “Getting 3K+ unique website visitors in a month” is another one. When you make your goals specific, measurable, attainable, relevant, and time-bound, you’ll set steps towards their achievement.
6. Get Rid of All Distractions
If you’re going to choose only one of our time management tips, this should be it. Your personal social media profiles no longer matter. You can check them in your free time. If you’re working on an extremely important task, leave the phone in the other room.
Remember the monotasking tip: focus on one task at a time. In the ideal case, it’s the most important task you should cover.
7. Mind Your Health
Proper sleep, food, rest, and family time aren’t things that you can sacrifice for brand growth. Your business requires a lot of work, but focusing on it 24/7 isn’t proper time management. Such an approach will inevitably take you to a burnout.
Leave some space in your schedule for family time, relaxation, and your hobbies. Your life doesn’t stop when you start a business!
Time Management Is a Long-Term Commitment
Even if you start following all our time management tips today, you won’t instantly become efficient. Of course you should follow them! However, a long-term commitment is essential for success. Start by creating a schedule by priorities and getting rid of distractions. Then, you can start thinking about delegating, so you’ll have more space for really important activities, as well as some time for yourself.