Time is Money: 5 Time Management Tips for Business Owners   

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It's not just the hard work or financial obstacles that make owning a business challenging. There also never seems to be enough time in the day to do everything on your to-do list. Brushing up on your time management skills could improve your productivity while also giving you enough time to live a balanced life outside of work. 

Here's five quick ways to save time during your busy day:     

 

Rise and Shine 

An efficient morning routine is the most important part of the day. It's a time for you to get ahead of schedule while the distractions are low. Plus, the morning is when we have an optimal amount of mental energy to get things done. Waking up just 15 or 30 minutes earlier in the morning can make a huge difference in your day. After all, the morning wins the day and sets the tone for the rest of the day.     

Get Started

Stop thinking about the work that needs to be done and just get started with it. Procrastination is something everyone is familar with. Take care of your most important tasks first thing in the morning, and get them out of the way. Working on smaller, less important projects eats up valuable time that you could be using for other things.

Get Organized 

There's no need to add extra stress or anxiety to your day by being disorganized. Keep your workspace clean, and file your papers away in the right spot. Make sure to update your agenda and fill your calendar before the next day. Organization is about staying on top of the little things and planning in advance.    

Stay on Task! 

We've all taken ten minutes here or there to do some online shopping or send a few texts. Maybe you're the type of person who finds yourself lost down the long, twisting Youtube rabbit hole on a daily basis. Distractions do a great job of preventing us from completing work that needs to be done. Don't let distractions manipulate your time. Your business will thank you for it. 

Stop Multitasking

Multitasking gives entrepreneurs a false sense of productivity. The truth about multitasking is it fatigues our brains, and it's capable of slowing our productivity down by as much as 40%.1 To help yourself stay on track, focus on one thing at a time.    

 

Check out your daily routine, and find things to cut back on. It could end up saving you more time than you expect, and you'll start getting more work done than ever. Time is money!

 

Sources:

1. "Best Time-Saving Tips from Successful Entrepreneurs." Insureon (blog). Accessed May 9, 2019. https://www.insureon.com/blog/post/2017/07/31/best-time-saving-tips-from-successful-entrepreneurs.aspx