Finding Time to Grow
“There’s so much more I want to do but there’s just not enough hours in the day!” It’s a common cry of frustrated business owners with ideas and strategies that they want to put to use, but run out of time to implement. Finding an effective way of growing your business while keeping the urgent matters at bay and not getting bogged down with the day-to-day operations can be a struggle. Since scientists have yet to find a way to increase the 24 hour period (though I sure hope it’s being experimented on in labs across the world), you can feel as though you’ve been gifted more hours every day by following 6 key steps.
1. Create a List of Things To Do.
It can be a long, daunting task, but it will be worth it to get everything out of your head and onto paper.
2. Analyze the list.
Look at each item on the list and ask yourself A) Does it really need to be done? B) Does it have to be done by me or can at least parts of it be delegated? C) If only I can do it, what is the priority of the task?
3. Pick 3 Most Important Things To Do.
After choosing your top 3 things that you must do, list the steps for each and focus on the top 3 of each. It is very empowering to cross something off your list and it gives you direction to know exactly what you need to do next, if time allows.
4. Realize you can’t do it all and you can’t do it all today.
This is a good time to break down your list into a timeline: this week, this month, this quarter, next quarter, this year, and next year.
Your business can’t grow unless you delegate. Know that mistakes will probably happen, but if you’ve delegated to the right person, they will learn and grow from the mistake, freeing you up permanently.
6. Hire Experts and Professionals.
Free up your time to do what you do best and grow your business by hiring professionals for items that are out of your league. Is it worth it to try to do your own bookkeeping or accounting if you are not trained? If you know little about marketing, it will be to your benefit to hire a freelancer instead of trying to do it yourself. Your productivity will increase and you will have more time to focus on growing your business.
“The key is in not spending time, but in investing it.” – Stephen R. Covey
Article written & contributed by:
Sheila Mercer – Payroll Specialist & Senior Accountant