5 Time Management Tips from Today’s Top Entrepreneurs
It’s easy to think that committing long hours to close deals, prospect and meet with clients automatically means that you’re using your time effectively and efficiently. That might not be true. According to some highly successful entrepreneurs, the way you’re actually spending your time may not be ideal. Here are ten time management tips from today’s top business leaders.
Plan Time Effectively
Stephen R. Covey, author of the international bestselling book “The 7 Habits of Highly Effective People,” believes that the key is to invest in time, not just spend it. Time should be treated like an investment and you should be budgeting your time in the same way you budget your money.
Learn How to Delegate
Great entrepreneurs and great commercial real estate professionals know how to delegate projects and tasks to others. You only have so many hours in the day to accomplish what you need to, so do not waste time on tasks that don’t require your direct oversight or involvement.
These tasks should be passed on to others so that you can focus on expanding your commercial real estate business and close more deals. Mark Zuckerberg established the Facebook empire all by learning how to delegate the appropriate tasks to the right people. ClientLook’s Virtual Assistant service is a great example of this strategy.
Master Long-Term Time Management
Bill Gates, one of the most famous and successful entrepreneurs, said, “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.” The key to having exceptional time management skills is to take the long-term approach.
You may not be as productive as you want to be in short time frames, but in the long run you will be impressed by what you can accomplish by taking small steps each day to better your business, such as carving out time to prospect, organizing everything within a commercial real estate CRM and focusing more on improving client relationships.
Identify Wasted Time
When possible, identify time you waste during the day and transform these white noise blocks in your calendar into productive work times. Planning out items to accomplish during these unproductive blocks of time will be critical to your long-term success. No matter what you are working on, having a plan in place will help you get tasks done today rather than putting it off until tomorrow. Oprah Winfrey built an empire by simply focusing on utilizing every moment possible in each workday. “You can have it all. Just not all at once,” she says.
Do What’s Important First
James Clear, author, weightlifter, and photographer, believes that “If you do the most important thing first, then you will never have a day when you didn’t get something important done.” One of the easiest ways to boost your productivity is to set one single “must do” for every single day. Do this task first thing and you will always feel like you were productive at the end of the day. Tackle the biggest task first and the rest of the day you can focus on improving your business plans.