You’ve no doubt heard of
the 80/20 rule. It’s the old adage that says 80 percent of your business comes
from 20 percent of sales. What you might not know is that this philosophy can
be applied all across your business—especially when it comes to time management.
A small business owner’s
work is never done, but how often have you spent hours laboring with things
that don’t add to the bottom line? Running errands, cleaning the office or
filing; it’s all important, but probably not the best use of your time. Try to
focus on the 20 percent that will have the most impact on your business.
What’s your 20 percent?
What’s your 20 percent?
·
Weed
out the non-important tasks and evaluate what you can successfully delegate,
and hire someone to handle or outsource.
·
Surface
daily activities that can make or break your business.
·
Find
the most productive time of the day—this will depend on your personal life and
the nature of your business—and use it to focus exclusively on your top
priorities.
Time management for the
small business owner can be a secret weapon. Use it wisely.
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