<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=290086984736480&amp;ev=PageView&amp;noscript=1">
Search
word-map-thumb

The Alternative Board Blog

5 Timeless Tips to More Effectively Manage Your Time

Feb. 25, 2016 | Posted by The Alternative Board
iStock_000017987518Large_Spiral Clock

Business owners may understand intellectually there are only 24 hours in a day, but the frenetic pace at which they lead their lives suggests they hope, somehow, to find more.

This is often the case with leaders who don’t manage the time they have, either because they take on too much and always feel hopelessly behind, or because they allow others to “steal” time away from them.

Whatever the situation, time is every leader’s most precious commodity. It’s essential to manage it as effectively as you can.

Here are six “timeless” tips for meeting this urgent objective:

1. Multitasking is not an efficient use of time.

Busy isn’t the same thing as productive. Every time you interrupt one activity to tackle another, you sacrifice a certain degree of focus. It takes more time to regain that focus when you return to the original task.

“While ‘multitasking,’ your brain is shifting from one task to another—back and forth,” notes entrepreneur Jean-Luc Brisebois. “You may think you are doing all the tasks at the same time but you really aren’t doing them well. The human brain is simply not made that way.”

2. Practice a strict “Do Not Disturb” policy.

Business owners who keep an “open door” to employees soon learn the limits of this well-intentioned policy. If no limits are set, this is just one more in a never-ending series of interruptions—texts, emails, phone calls, social media, etc.—that suck up time and leave little or nothing to show for it.

Of course you should maintain lines of communication with the people who work for you. At the same time, you’ll maximize the limited time you have by shutting out all distractions during those periods when you must concentrate on the task at hand.

For a set period of time, close the door to your office. Don’t take any calls. Don’t reflexively respond to every email that appears in your inbox. All those things will be waiting for you after the top-priority task has been completed.

Want additional insight? Read 10 Tricks to Make the Most of your Time now

DOWNLOAD

3. Overcome a tendency toward perfectionism.

Working on a project or initiative until you think it’s “perfect” is a time-consuming luxury you can’t afford. It’s more strategic to do the best you can and then move on, as opposed to endlessly tweaking and sweating all the minor details.

“Perfection-induced stress, anxiety, and frustration aren’t doing your overall health any favors,” writes business columnist Ilya Pozin. “You’re probably spending far more time at work than necessary and thinking about work when you’re not there.”

4. Reserve time for your creative side.

Being a leader involves more than putting out fires all day. Your business requires a strategic vision, as well as a fresh, creative perspective on the challenges and opportunities coming your way.

Look at scheduling your day around your most creative time—when your mind is sharpest and you’re more inclined to confront the big issues or focus intently on a strategic plan. If your creative side is stimulated by discussions with others, set up meetings aimed specifically at brainstorming and strategy, not the nuts-and-bolts stuff better left to others.

5. Use downtime to recharge.

When he’s flying from one location to another, Phil Libin, CEO of the note-taking software firm Evernote, doesn’t try to cram in more work time. Instead he “uses his time spent on planes to catch up on video games, watch movies, reading books and taking that long nap during a particularly busy day.” Always working leads to burnout. Taking time to recharge is an efficient way to be more productive later on.

Business owners can’t control everything that happens around them. But they can take charge of how they manage their time and get better results, both in their business and in their lives.

Can you work fewer hours and still be a successful leader? The answer is ‘Yes.’ Learn how becoming a TAB member will help you balance your professional and personal life.

Read our 19 Reasons You Need a Business Owner Advisory Board

DOWNLOAD

Written by The Alternative Board

Related posts

How to Prepare Your Clients for a Price Increase
Sep. 3, 2020 | Posted by The Alternative Board
Every business must, at one point or another, share what’s viewed by customers as “unwelcome” news—the need for a price increase for products or services. Some businesses simply set the wheels in...
How TAB Helped A Member Grow During COVID-19
Sep. 1, 2020 | Posted by Phil Spensieri
Since the start of the COVID-19 pandemic, many businesses have struggled to survive. But for some, the pandemic has provided an opportunity to thrive. Garden Connections is one of those businesses. ...
The best piece of business advice I have ever received is…
Aug. 28, 2020 | Posted by The Alternative Board
When you’re a business owner, your best lessons often come from two places: failure or wise words from owners who have been there. There are going to be inevitable ups and downs in every enterprise....
8 Productivity Hacks for Busy Business Owners
Aug. 13, 2020 | Posted by The Alternative Board
Owning your own business can be a time-consuming undertaking. And despite many of us wishing for more hours in the day, time is finite. Everything we choose to spend time on comes at the expense of...
10 Creative and Often Overlooked Ways to Find Hidden Money in Your Business
Jul. 16, 2020 | Posted by The Alternative Board
With the strains of rolling shutdowns across the country, many businesses are finding their profits diminished or uncertain. Many leaders are relying on tried and true revenue generating strategies...
9 Tips to Help Create a Living Company Culture in a Virtual Workplace
Jun. 26, 2020 | Posted by The Alternative Board
As businesses around the world have gone virtual, digital tools have helped keep most aspects of our work life functioning. Many businesses are reporting increases in productivity, with activities...
How to Improve Diversity in the Workplace
Jun. 9, 2020 | Posted by The Alternative Board
The U.S. is going through some challenging times right now, but a growing awareness of the value of diversity in business may prove to be of long-lasting value for us all. Though the future is...
Time for a Closer Look – Assess Your Business Practices For The New Normal
Jun. 3, 2020 | Posted by Phil Spensieri
For most, if not all, business owners COVID-19 has proven to be their biggest challenge yet. During the last couple of months, I’ve witnessed, firsthand, the resilience of many business owners...
Help Customers Stay Connected and Loyal to Your Business
May. 20, 2020 | Posted by The Alternative Board
Small businesses have always been challenged to attract and retain a loyal customer base. This challenge has been intensified a thousand times over because of the Coronavirus outbreak. Whatever their...
What Does Workplace Health and Safety Look Like Now?
May. 14, 2020 | Posted by The Alternative Board
As businesses across the U.S. slowly begin to reopen, there’s renewed focus on what constitutes a safe and healthy workplace. From the start of the COVID-19 epidemic, business owners and CEOs have...