Over the 25 years that I’ve worked in corporate environments and coached entrepreneurs, people have always looked to find the best time management techniques and strategies.
As a business coach, entrepreneurs come to me because they feel they don’t have enough time to achieve everything they want to each day.
They are busy, but not achieving what they want.
Rather than working on the things that they are passionate about, are great at and give them great joy they are simply doing stuff.
Being in constant action all day long is the norm.
They are stuck in an endless cycle of busyness and filling up time with tasks and more stuff.
One of the things I’ve noticed about busy work is that it doesn’t make people more productive or creative.
In fact, it creates more complication and complexity.
Dealing with emails, going to numerous meetings, multi-tasking and working on low value activities is often not the best use of your time.
Use proven time management techniques
What if there were some strategic time management techniques you could implement to manage time effectively?
There are a few simple time-management skills that busy entrepreneurs can use to work smarter, not harder.
A strategic by-product is they also become more productive and get more of the most important things done.
Below are 5 time management techniques that busy entrepreneurs can implement right now to simplify their lives and get more of the right things done.
1. Take a Time Audit
If you want to manage time, the first step is to understand how you are spending your time right now.
You can’t make a change until you have clarity on where you are and what’s working and what’s not working?
This audit gives you a big picture view of the value you are creating and the results you are delivering V the time you are investing.
It will help you simplify everything so you can understand very quickly whether you are using your time productively or not.
When my coaching clients use this time management technique, they usually do this for seven days straight.
I would recommend the same for you.
How to conduct a time audit
- Get a blank piece of paper
- Put a date at the top
- Draw three lines down the page
- Title the First Column ‘High Value Work’
- The Second Column is for ‘Good Work’
- Title the Third column ‘Low Value Work”
High Value Work is work that you love to do, that you’re great at. It is work that delivers the biggest results.
Good Work is work that you enjoy. It delivers good results but is work that is often repetitive and someone else could do equally well or better
Low Value Work doesn’t excite you and probably frustrates you. It doesn’t deliver great results, lowers your energy levels and could be stopped or given to someone else.
For each project or task that you undertake assign it to one of the three columns with the name of the work and the amount of time spent.
At the end of the 7 days, total up the amount of time spent in each column and on each project.
This can be an eye opening exercise. At the end of the audit, look for ways to improve how you spend your time.
Ask yourself how can you spend more time doing High Value Work that creates the biggest impact, brings more joy and deliver the results you want.
2. Set time management goals
Without a clear vision or set of specific, measurable goals, it can become easy to drift, lose focus and become distracted.
By having clarity on where you are now and where you want to get to, it becomes much easier to focus your time.
If you set specific, measurable goals you can clearly identify what your ideal future looks like, and create a plan and path to get there.
With this clarity, you can simplify everything.
This time management technique helps you get clear on your destination, but it only works if you have a measurable goal with a deadline.
Manage time effectively
You become more focused on how to manage your time, resources and people to get there,
By understanding what you do best, you gain greater clarity on how best to use your time.
You also become clearer on who can help you achieve your goals.
Creating new time management techniques is partly about what changes you can make.
It is also about who can help you become even more effective.
Setting goals can give you the willpower and motivation to move forward in the right direction, saving you time and reducing busyness and procrastination.
Set goals for every 90 day period and then review your performance at the end of that cycle.
Review what worked and what breakthroughs you achieved.
Then set up your next 90-day goals.
Learn more about setting goals to get things done in this article: Goal Setting: An 8 Step Process to Setting and Achieving Goals
3. Delegate and outsource to free up time
When you complete a time audit, you understand exactly where you’re currently spending your time and on what activities.
The key to effective delegation is to understand your unique strengths and the biggest value you create, and work out how you can spend more and more time doing that work.
Sometimes we feel we’re the only people who can get the job done, so we hold onto tasks that we don’t enjoy and tale us away from the things we do best.
We can all get back hours by doing better, more productive work. Work we actually love doing.
Rather than thinking about how you can fit everything in to your schedule, consider who are the people that can take on projects and tasks.
Think about where your creative energy and unique skills could best be utilised.
How to free up more time
A CEO of a company I work with got back 15 hours a week simply by hiring an assistant to work with her.
She was able to spend more of her time doing the things she did best and loved to do.
This included winning new business, spending time with her clients, and getting more referrals.
Try this tip:
Every 90-days think about how you can eliminate 3 things from your list of Low Value Work list that currently frustrates you, annoys you or you find delivers no real value.
Think of 3 things from your Good Work list that you can delegate or outsource.
Look at 3 things from your High Value List that you want to spend more time doing.
Keep following this process every 90 days to free yourself up even more to focus more time on the things that you do best and bring the highest level results.
4. Start prioritising your time
When you are clear and intentional about how you want to spend your time and your future goals, the key is to start prioritising your time to make those goals a reality.
If you don’t set priorities, you can lose focus, get distracted and start procrastinating.
Your time will become filled up with low value activities and perfectionism can creep in.
When you have 20 things on your To-Do list each day, you’re not prioritising.
If you have a never-ending To-Do list and bulging Inbox your workload will continually stretch, leading to overwhelm and a loss of clarity and focus.
During moments when you’re super busy, the key to time management is focus and prioritisation around the activities that will help you reach your goals.
The best time management technique
A simple time management strategy is to set a maximum of five things you want to achieve each day. Those are your priorities.
If you manage to complete them, you can work on other things but those five you’ve identifies take priority.
This intentionality will ensure you don’t get distracted and move on to items and tasks that aren’t on your priority list.
Check out this article on how to improve productivity: How to Be More Productive: 7 Proven Tips to 10x Your Productivity
To help reduce overwhelm, plan your day more effectively, download my FREE Daily Productivity Planner to help your stay focused and productive DOWNLOAD YOUR FREE PRODUCTIVITY PLANNER
5. Do the most important thing first
This strategy is one of the keys to effective time management.
Start your day by asking yourself:
“What’s the Number One thing I absolutely have to achieve today?”
Once you are clear on that, and you commit to achieving that thing, chances are you WILL actually do the work.
Remove the distractions
This time management technique will stop the disorder, distractions and chaos from impacting on your day.
The reason? You have made a conscious decision at the start of the day, when your willpower is strong.
Have you noticed that as the day wears on you have less and less willpower and energy to focus?
So, do the most important thing or things first.
If you have set up calls with potential clients, do this in the morning.
If you have an important presentation to write, again do this in the morning.
Don’t multitask. Focus on one project at a time and work on it until complete.
Whatever your most important thing is, if you do that thing first, then you’ll never have a day when you didn’t get something important done.
By following this simple time management technique, you will usually end up having a very productive day.
Sometimes you may have to start saying no more often if the things are not a priority or don’t fit in with your goals. How? Learn to focus on the one thing with this article: Focus on Doing the One Thing To Reach Your Goals Quicker
Time management: The bottom line
When busy people talk about not having enough time, it’s usually because they haven’t understood the value of their own time and prioritised it in the right way.
Grab my free Productivity Mastery Daily Planner to help you get more focused and 10x your productivity.
How we use our time is often a choice. We actually have a great deal of control over our time.
Not complete control, but more control than we think.
Try one or more of these time management techniques.
If you find one or more that works for you, keep with it for 90 days and see the difference it makes in both your business and personal life.
P.S. Whenever you’re ready….. here are 5 ways I can help you free up your time to grow YOUR business:
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