Everyone, everywhere on the planet, gets 24 hours a day – even the busiest entrepreneurs. If you want to get ahead, you have to master the art of managing your time. When you manage it poorly, you can never relax. You might feel busy, but you won’t actually get much done until you learn to use your time purposefully.
Use these 10 powerful time management tips and tricks to get more out of each day – your startup will thank you.
1. Start your morning right.
Every entrepreneur has their own idea of the perfect morning routine. Some don’t check their email in the morning, others swear by bulletproof coffee, others skip breakfast. Find a morning routine that gets you pumped up for the day. Eat whatever breakfast fuels your success.
2. Break Parkinson’s Law.
According to Parkinson’s Law, work expands to fill the time available for its completion. If you give yourself six months to prepare to a pitch to investors, you’ll linger on the project for a majority of that time, even if it should only take you a few hours to actually assemble your pitch deck. If you give yourself a tight deadline, you’ll concentrate all of your focus into that short period of time.
3. Learn to delegate.
You might think you need to be super-successful before you can start hiring people. The opposite can be true. Your business will stay small if you try to do everything yourself. Contracting someone for just a few hours can save you a ton of time better used for your more important business matters.
4. Stop multi-tasking.
Science shows it’s actually impossible to really multi-task. When you think you’re doing two activities at once, you’re really just stopping and starting each activity, over and over. All that stopping and starting actually slows you down and trips you up, causing you to make mistakes. Focus on one thing at a time. Make it awesome. Repeat.
5. Don’t make to-do lists.
They just don’t work. To-do lists don’t require you to prioritize, nor do they adequately prompt you to commit to a task. Besides, having a long list of items to do can give you “decision paralysis,” that feeling you get when you have so many choices, you end up feeling like you need a nap.
6. Schedule everything.
By making calendar events, you’re forced to think realistically about the time a project will actually take. You’ll stop over-scheduling yourself and learn to plan realistically. You’ll also stave off Parkinson’s Law from #2.
7. Make time investments.
When you think about time in terms of assets and debts, you can make decisions that will help you save time in the future. For example, you can invest a few hours to learn a new scheduling app, and save a few minutes each day.
8. Work on the weekends – within reason.
Just few hours of working on the weekends can give you a head-start for Monday, even if it’s just brainstorming or light tasks. You can still enjoy your weekend while you lighten your weekday workload. Some people say working on weekends is a sign of poor work-life balance, but if it makes your weekdays more flexible or restful, it’s not such a bad idea.
Getting just twenty minutes of exercise each day changes your brain to be better at basically everything. It boosts your memory, prevents depression, releases stress, and helps you think faster and more effectively, all in proven and scientific ways. Skipping a workout might save some time, but being sedentary causes brain fog that slows your business down.
10. Pick the right partners.
We already talked about hiring the right team in #3, but that extends to your vendors and partners as well. Make sure you’re hiring the best, even if it costs a little more up front – it’ll save you untold hours and dollars down the road. We want to be your payments partner! Give us a call at 1-855-360-0360 or drop us a line on our website. Let us show you how we’ll keep track of your payments so you can focus on more important things.
PS – Here are a few more ideas to help you reach new heights of productivity.
PPS – Stressed at work? That’s not always a bad thing! Read this.