Managing Your Business When You are Time Poor

One of the main constraints owners face is the fact that there is only 24 hours in a day. The needs of a successful business can take up more than 24 hours in any given day rendering them time poor. Below are top tips for managing your business when you are running out of steam daily to help reorganize your company’s structure.  

Expand Your Team- 

 Having the right internal and external team can help balance the hours in a day. While your company is in the growth stage the balance between hiring your own key staff members and using outsourced companies is important to redistributing the work load. Startup and growing companies alike should focus their hiring efforts on employees who are involved with the product or service creation and delivery. This will allow the business to stay focused on what they do best and not get weighed down by day to day support tasks. Owners should look to outsource support services such as social media management and accounting.  Creating a balance between internal/external teams helps you redistribute tasks, maintain efficiency,  while minimizing your total costs.  

Have a Clear Vision for Each Day: 

 Before beginning each workday take the time to have clear priorities on what needs to be accomplished. Your business priorities should not only be set for you but for your internal team and external partners. The next step is to recognize any distractions that need to be handled before starting your daily tasks. This can include any fires that need to be put out or personal items that need completion so they don’t distract you the rest of the day.  Create weekly check-ins with all of your internal team members and bi-weekly check-ins with your external teams. This will help you stay on top of what is happening and able to change focuses as your business changes.  

 Another way to manage your day to day work is to set up calendar blocking allowing you to focus on each aspect of your business uninterrupted. This is the practice is separating out chunks of time each week to focus on specific tasks or portions of your business. You can set aside Monday mornings for marketing, Friday afternoon for employee checks, etc. This practice helps you focus on and complete tasks in a more efficient way.  

Redefining how you manage your 24 hours a day through internal and external resources can be the difference in creating dynamic growth.