When people think of becoming an entrepreneur, they often imagine working endlessly without a guarantee of making ends meet. It’s still common for people to believe owning a business requires constantly working overtime and sacrificing their personal lives to advance in their business.
It’s essential to dispel this belief. As an entrepreneur, you cultivate success by using your time wisely: your success hinges on what purposeful work you accomplish during the time you have, not on working longer hours. Delivering quality services and goods involves producing and serving clients more efficiently.
To improve production without working overtime, practicing time management is the key. Use time-saving strategies that simplify operations while maintaining and even enhancing the quality of your services. A business coach trained in globally successful behavioral tactics and strategic business practices is a great way to learn effective time management strategies.
The 80/20 Method
Only 20 percent of activities clients complete benefit their business before hiring a coach. The 80/20 method is a great way to focus on what work is conducive to business growth.
For example, if you attract more prospective clients with your marketing rather than by physically attending events, you should prioritize efforts to amplify your marketing rather than attend more events. 80% of your effort should be invested in marketing, not attending events.
We start by identifying what work isn’t creating improvements or growth in your business by considering the following:
- What does your workload look like?
- What tasks get delegated to staff?
- Will they achieve immediate results?
- Will they have significant consequences if not completed?
Explore Effective Marketing Automation Tools
If you manage email campaigns, your website, and several social media accounts, consider investing in multi-purpose marketing automation platforms. A business coach will explore multi-purpose marketing tools with you that consistently update your social media, complete drip campaigns, create data analysis, and more.
Use Sales Territory Mapping
Sales territory mapping locates your target leads geographically. Pinpointing effective sales territories saves you from endlessly searching for and attending conferences, events, etc. You find communities with your ideal clients and save time and money traveling.
Create Action Plans
Action plans provide concise guidelines and instructions, making task completion quicker and simpler.
Simplify Your Workload
Complex tasks require more time, money, people, and resources. I set a goal for my clients to eliminate 30% of unnecessary steps to complete them quicker, using fewer resources and a lower risk of error.
Group Similar Tasks
Complete similar activities simultaneously to get more done – as you become more proficient in completing them, they will get done more quickly.
Strategically Assign Tasks
Assign tasks to staff with relevant skills in specific assignments or activities to get them done quicker and with less chance of error.
Are you looking for the assistance of a certified business coach to commit to using time-efficient strategies? You can book a consultation with me today.