One of the most important factors of becoming a successful entrepreneur, is learning how to use your time efficiently. It’s easy to get caught up in the day to day, routine of “working hard” but hardly working. If you haven’t already, I highly recommend you read “the 7 habits of Highly Effective People” by Stephen R. Covey which outlines keys traits of an effective person. After sitting down with over 100 entrepreneurs (and being one myself) here’s my condensed version of it:
EVERYTHING. I mean it. I used to be a one woman show for the first two years of my venture. At first it was to minimize costs but really as time went on I realized I was being less productive and hence spending valuable time where I could’ve made more money. First things first, delegate. Hire that person who can micro-manage for you so you can focus on the bigger picture.
You’ll feel external pressures to make more money, and it’ll motivate you by force. An analogy stated by Robert Kisoyaki.
On an hourly basis. It’s easy to get side tracked and forget what needs to be done, because there are no “real” deadlines when you own your own company. Therefor planning is everything – in every aspect of your life. I adjust this monthly.
I stopped driving about a year ago and it has changed my life! No more parking tickets, no more changing tires, going outside to fill the tank, etc. It’s convenient for me because I live downtown so everything is 5-7 minutes away. People spend an average of 2 hours a day driving. That’s 40 hours a month that you can be working instead! I do most of my emails, phone calls and closing deals while in the back of an Uber.
Getting your meals delivered to your door has become a service that entrepreneurs use more and more these days. There’s no time to waste on grocery shopping/cooking especially when you’re only doing it for 1 person. A good alternative to this is getting a chef to deliver meals directly to your door. I have searched long and hard for a catering service that cooks GOOD food with natural, fresh ingredients. Now, @lacomida_mtl makes them all for me. Her meals are delicious, very healthy and delivered quickly.
YOU time. Dedicate 2 hours a week for a relaxing massage, hydrotherapy, or beauty needs. I spend on average 2 hours a week at Spa Scandinave in the old port, and I look forward to it. It helps me clear my mind, get back into shape and refresh my body. The value is priceless. If you’ve read my last post you’ll know they now have annual memberships.
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