Article Content King

You are viewing: Ten Top Business Tips for Managing Your Time & Boosting Your Energy
By Carmen Gilfillan

Ten Top Business Tips for Managing Your Time & Boosting Your Energy

Articles - Business - Management - View Article



Publish this article

Starting your own business is a dream come true for many people. However, when you actually get started you may quickly find the reality is very different from the dream. One recurring theme for many small business owners - particularly those who also need to work part time - is time management.

Below are 10 tips that business owners may find useful in order to manage their time and energy more effectively:

1. Work off a plan. Working up a plan and working to it allows you to "budget' your time, work in breaks and keep an overview. It also prevents you having to hold too many tasks in your head at any one time. An effective plan is one which gives a separate time "slot' to all your key business tasks, but is flexible enough to allow for the unexpected.

2. Start early. This helps keep stress and hence energy levels in check. It also helps to keep you in control, and assists you to think more creatively about how you use your time and energy to develop your business.

3. Allow 2-3 times more time than you need to carry out tasks. Be realistic about what you can achieve, particularly if you are a Sole Trader. Business activities (such as marketing and promotion, finance, dealing with administration etc) generally take 2-3 times longer than we think. This is partly because our energy, concentration and motivation are in play, partly because of interruptions and partly because we may (particularly in the early days of business) underestimate the time we allocate tasks. Build in time in your day to respond to emails and post, phone calls, emergencies and the unexpected.

4. Break large tasks down. This prevents overwhelm in the case of very large tasks and helps you stay in control as your business develops.

5. Start it now! Stop it now! Where possible start tasks immediately. This helps simply to break the back of your task and give you a feel for the complexity of the task. Similarly stop when you say you will stop. Don't get bogged down. Stop and move on to something else in order to keep on top of everything.

6. Work at a steady pace. Avoid an all or nothing approach. Work at a steady pace. Work steadily to prevent your energy levels from spiking needlessly then plummeting. Undulating energy levels will have a negative knock on effect to your ability to manage your time effectively. Conversely, a steady approach will help you keep a better track of your time and keep you motivated.

7. Time yourself. A good skill to develop when negotiating deals and contracts is the ability to say "this task will take me "x' amount of time'. This comes about by timing everything you do and developing a feel for both your rate and pace. When calculating your costings for a particular contract, incorporate a cost not only for the length of time you take to prepare and carry out a "job', but also a "hassle factor' cost: this is a cost that takes into account the level of difficulty a piece of work took to complete.

8. Let go of what you do not need to be a) doing right now and b) thinking about right now. If you are a Sole Trader it is only you and you need to be able to focus, so plan what you need to do and when then let go of everything else apart from what you are focusing on right now.

9. Consider outsourcing routine tasks that may cost you valuable time - such as telemarketing. You have at your disposal a certain amount of time, energy and money. In the early days you may decide to trade your time, energy and effort to save money. Long term, however, you may reach a stage in your business where you need to trade money in order to save on time which can be better used elsewhere.

10. Enjoy your business! This is your business so keep things enjoyable and engaging. Avoid stress, worry and desperation in your business - this will put you in a negative mindset, may stifle your business and could slow your progress. Maintain a creative, light-minded approach in order to keep your ability to manage your time, energy and motivation high

See All articles From Author

Copyright Stimulus Development & Training 2008.

Carmen Gilfillan is a Life Coach, and established trainer, speaker and writer. She is a specialist in personal and professional achievement and has been involved in this field for over ten years

For more on time and energy management visit The Learning Centre at: www.stimulus.uk.com

Article Source : http://www.articlecontentking.com

Tags:

Word Count Appx. : 712 | Article Views 757 Published 25-03-2009


Related articles
Japanese Companies Joining War for Global Talent (Part 1)
By: Megumi Oyanagi | 16-12-2011

This is about how Japanese companies started to strategically acquire, develop and retain/engage global talent, when they have been behind their western counterparts in this area. This is because they need to globalize their organization and business (read entire article)

Comparison Between Manual and Computerized Accounting
By: Adeline Mary | 25-01-2010

Accounting is a fundamental slogan of every business. Without the accounting practice, it is difficult to be effective in your business. Its basically helps you to monitor the transactions happening in the business.

(read entire article)
Measuring Performance - The Key to Improvement
By: Jack Norris | 06-04-2011

Utilise vehicle tracking technology to measure the performance of your mobile fleet and make adjustments to improve efficiency.

(read entire article)
How to Choose Project Management Software
By: Groshan Fabiola | 06-11-2008
In todays business environment everyone needs Project Management tools. And professionals who manage Projects are called Project Managers (read entire article)
ISO 21500, the New Frontier for Programme and Project Management
By: John Thorpe | 17-07-2009
Currently there are a range of publications under the flag of BS 6079 which offer guidance in the field of project management. BS 6079-1:2002 describes a full range of project management procedures, techniques and tools that the user can select as appr (read entire article)
Open Plan vs Closed Office Space
By: Anna Norman-Butler | 11-12-2010

How you want the space configured? Is one of the first questions your landlord, or serviced office operator will ask when moving into a new office space. This article outlines the benefits and drawback of both Open plan and Closed Office Space.

(read entire article)
Win Your Life Back - 6 Steps to Work Smart and Increase Your Free Time in the Restaur
By: Tony Rodono | 25-04-2011

Too many restaurant operators needlessly end up hating the career they once enjoyed. The good news: They can turn it all around, today. And you can too!

(read entire article)
Vocational Success Why we need to write down our procedures.
By: Morgan F Bryan | 07-02-2009
The value of establishing written procedures (read entire article)
Are You Missing Your Best Quality Improvement Ideas?
By: Donald Bryant | 03-09-2011

November 2005. Winter is just around the corner here in Western Michigan. The leaves are literally raining off the trees. Just this morning at breakfast as I looked into the woods and I could see a steady stream of golden brown, red and yel

(read entire article)