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Productivity / Time management tips

Clock on: Time management tips for biz owners

Good time management skills are essential for business owners. Learn how to manage your time effectively and you’ll feel more relaxed and in control.

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Time management doesn’t mean doing more work – it means focusing on the most important tasks and allocating timeframes to complete these tasks.

Below are my top time management tips for business owners.

Plan on Mondays

On Mondays, write down the tasks that need to be completed by the end of the week and then allocate each task to a particular day. You’ll be pleasantly surprised at how many more goals you can achieve on a weekly basis simply by taking 20 minutes to plan.

Develop a sense of urgency

Get straight into the task at hand. Too many people spend days writing something that could be written in two hours. Delaying projects by holding meeting after meeting does not get the job done either.

Focus in time blocks

Planning in blocks allows for better time management. Instead of allocating the whole afternoon for a task, try allocating a period of time, say 1.30pm – 3.30pm. Once the time is up, move on to the next task. This prevents your work from dragging on and eating into time reserved for other activities.

"Time management doesn’t mean doing more work – it means focusing on the most important tasks and allocating timeframes to complete these tasks."

Incorporate buffer time

Remember to leave a 5 to 10 minute break between tasks. This helps you wrap up the previous task before starting the next one.

Exude passion

There is nothing people respect more in life than someone who speaks passionately on a subject. Be passionate about your products and services. If you’re not passionate about what you’re doing, tasks could take longer to complete. If you’ve lost the passion maybe you need to revaluate your circumstances or take some time out.

By applying a few of the tips listed above, you’ll increase your productive work hours and feel less overwhelmed and stressed in the process.

What are your time management tips?

Michael Quinn

has over 25 years’ experience as a Chartered Accountant and nearly 20 years as a practising lawyer. He is co-founder and director of The Quinn Group. Michael understands the highs and lows of running a business and believes strongly in sharing his wisdom and experience.

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