Having an effective time management system is important for everyone, but if you’re an entrepreneur it’s absolutely critical. As an entrepreneur you’re responsible for every aspect of a business and allocating your time effectively is often the difference between success and failure.
It’s important to realize that better time management isn’t just about working harder, it’s about finding ways to work smarter. In this post, we’ll be looking at 4 strategies that you can use to better manage your time.
Note: While each of these tips is right for someone, they might not be right for everyone. We encourage you to experiment with the strategies on this list to find the techniques that work best for you and your work style.
1. Take Advantage of Just-in-Time Learning
Just-in-time-learning revolves around consuming content that relates directly to the next task you’re going to tackle. It’s all about balancing how much you learn with how much you actually get done. Whether we’re talking about blog posts, podcasts, or videos, they all demand attention, and if the content isn’t in line with your task the truth is it’s a distraction.
Now this strategy doesn’t mean cutting out research or not pursuing new ideas, instead it makes sure that you are doing those things at a time when you can be most efficient. If you come across interesting content that can be useful for another task, save it, set it aside, and come back to it when that task is your focus.
2. Pace Yourself
As an entrepreneur you’re always going to have a lot on your plate and if you’re not careful this can get overwhelming very quickly. To make it to the finish line on any project you’re going to have to pace yourself, going full throttle right out of the gate almost always leads to exhaustion.
A useful tool to help with this is to ask yourself “what is good enough?” for the projects you’re working on. Over thinking and striving for perfection wastes valuable time and is often not necessary for success. Keep it simple. Focus on doing good work and then move to your next task.
3. If Your Tools Aren’t Broken Don’t Try to Fix Them
Finding a reliable time management strategy that works for you is important but this often leads to a lot of time wasted. Trying out new organizational tools can actually be one of the biggest time sinks for an entrepreneur and in many cases the time required to learn that tool just isn’t well spent.
If you’ve identified a specific area that you need support in and a tool promises to help, then by all means give it a try, but if you’ve got a system that seems to be working don’t complicate your life.
4. Consider Attention Management Over Time Management
This strategy is about reframing the way we think about managing our time. In our constantly connected world, the traditional idea of time management is outdated and attention management is the new path to productivity.
Think about it this way, if you allocate time to a task but your thinking about something unrelated, that time isn’t going to be used effectively. Try to be conscious of the task that is really occupying your attention and channel that to get in a few hours of focused work.
Do you have any time management tips that have changed the way you work? Be sure to let us know in the comments below and if you’re looking for more great stories follow us on Twitter to keep up with the latest PAYFORT news.