Small business owners often fall into working overtime to produce and earn more with the pressure of having limited funding opportunities – this is no longer conducive to personal or professional success or fulfillment.
Instead, completing purposeful work that achieves results in the usual amount of hours you work leads to improvement in production and doubling your earnings (and your time off). I’m sharing some time-efficiency strategies I teach my clients to double their productivity, pay, and time off.
The 80/20 Method
Generally, 80 percent of work activities do not result in higher productivity or sales. That means only 20 percent of the work is conducive to scaling your business. You’re most likely spending more time on invaluable tasks.
To rectify this, identify the 20 percent you do which achieves significant results in your business and develop a focus on them. Reduce and eliminate all other work not contributing to business growth.
Effectively Plan and Prioritize
You will learn how to prioritize tasks conducive to faster goal achievement by maintaining a single-minded focus on completing assignments. If your goal is to create an effective marketing strategy to attract more clients, your daily tasks may look like the following:
- Assess your current marketing.
- Review your options based on your findings (hiring an influencer, pursuing a partnership, using marketing automation, finding a marketing intern, etc.).
- Create a plan pursuing the most optimal option with the most optimal results (create and maintain a social media page, develop a radio campaign, etc.).
Utilize Marketing Automation Tools
Marketing automation platforms are multi-dimensional tools to make understanding and reaching your target consumer base and finding leads quick and simple yet effective as it uses data. You can use marketing automation tools to update your social media, complete drip campaigns, complete data analysis, and more.
Increase Your Productivity
Aim to get twice as much work done in the same amount of time by grouping similar objectives and tasks. By focusing on completing similar tasks, you will get more done and improve your skills to begin to complete them more quickly.
Assign Tasks Based on Skills
Assign tasks to people who have relevant skills in those assignments or activities. Delegate effectively to get more done in less time and with more efficiency.
Simplify Your Workload
Complex tasks require more time, money, people, and resources. You will strategize to eliminate 30 percent of unnecessary steps to complete them quicker, with fewer resources and a lower risk of error.
To streamline processes, I help clients break them down, understand the purpose and intended results behind those processes, and find ways to reduce and combine steps. You will learn how business processes can see completion quicker without needing more people, resources, or time, effectively reducing waste.
Ready to learn critical time management strategies? You can book a consultation with me today.
