Entrepreneurship as the names suggests has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire. Well, as the name suggests there is a lot of effort that goes into doing all this and it is only natural for entrepreneurs to have a time crunch.
Sometimes, it just seems like we have far more tasks on our to-do lists than we can reasonably accomplish. We have compiled a list of efficiency hacks that entrepreneurs can use to improve their long-term productivity, in each of five main categories:
1. Learn to Say ‘NO’
This is the first and most important hack that all the entrepreneurs must learn at the earliest. Your bosses, clients, peers and employees are all going to be asking you for things, pretty much all the same time. The more often you say yes, the more indispensable you’ll feel, but the bigger your task list will grow. Learn to feel confident in saying no every once in a while when you feel that the task that you are being asked for might hamper other tasks at hand.
2. Wake up early and do that gradually
We all wish we had more time in the morning, but doing so all of a sudden might seem as an insurmountable challenge. Instead, set it back a minute or two further each day to gradually adapt yourself to earlier mornings. Waking up early gives you a few more hours and thus helps you plan your day better.
3. List out priorities and prepare a priority hierarchy
Always plan your work and prioritise it as per urgency and importance. Learn to establish priorities for yourself (and hold yourself to them). For example, you could set “A,” “B” and “C” priorities, where A is urgent, B is important, and C is not immediately important. Focus on A tasks first, and don’t worry about C.
4. Turn off all communication for “focus time”
In today’s time the world has become a small place and communication is one of our biggest distraction as an entrepreneur, so when you really need to get something done, turn off everything—your phone, your email, and any of your chat programs — and dedicate some time to focus. The more you do this, the more productive will you be.
5. Allot time for tasks
It is very important to set time for all your tasks. Setting a timer for your tasks helps you in a number of ways. It gives you a sense of urgency, forcing you to work a little faster. It helps you keep track of time. And it rewards you with the promise of a mental break when the timer’s up. Hence, by doing so, you avoid wasting a lot of time doing just one task and split it evenly throughout the tasks at hand.
6. Listen to audiobooks and podcasts
Let’s face it that as entrepreneurs we don’t always have time to read. But there’s almost always time to fit in a short section of an audiobook or podcast, especially during your commute. This can help you relax, clear your mind and also teach you something new you can use in your daily life.
7. Set goals and let everyone know about it
This might sound unusual, but as an entrepreneur it is important to set goals and let everyone know about it. Whether they’re big-picture goals, like getting a promotion in a few years, or just getting through Monday without having a panic attack, yours should be set and firm; and something you tell people about. Publicly disclosing your goals helps keep you accountable, and simply having goals in the first place can go a long way toward your accomplishing them.
8. Avoid perfectionist tendencies
Entrepreneurs tend to be creative and driven by analytics, and in a high-paced industry, these characteristics of the job bring in a lot of perfectionists. Ordinarily, this is a good thing and it means that the work is of a higher caliber, on average, but it can also interfere with your ability to complete tasks. Try not to over-stress about the little things. Perfection is often the enemy of progress.
9. Take breaks more frequently
As entrepreneurs one feels too busy to take a break, but the reality is that breaks are good for your brain. They help you unwind and feel better rested, improve your focus and boost your mood, all at the same time. Even if it’s only for a few minutes, take a break from what you’re doing more frequently; and, weirdly enough, you’ll get more done.
10. Get plenty of Sleep
This one is one of the most important hacks. It may seem that you don’t have enough time, but you have to make time. you should be getting seven to eight hours of sleep a night. If you aren’t, you’re going to suffer from impaired cognitive abilities. And this can adversely affect your work.