TIME MANAGEMENT
TIME MANAGEMENT TIPS & ADVICE FOR BUSY OWNERS
FocalPoint coaches work with some of the best companies in the world helping them manage their time more effectivly. Locally, we are headquartered in Plymouth, MN, and serve the greater Hennepin County area, including Wayzata, Minnetonka, Maple Grove, Golden Valley, and beyond.
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Time, team, and financial management are the fundamentals of business productivity, growth, and sustainable success. If you’re an entrepreneur, business owner, manager, executive, or leader unsure how to incorporate time-efficient practices into your daily operations, Business and Executive Coach Adam Thompson will assist you with professionally-developed business strategies.
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WHAT IS TIME MANAGEMENT?
Time management focuses on completing valuable tasks promptly without working overtime. It involves assessing your infrastructure, priorities, and workflow to identify nonessential and overly complex processes to save time and resources.
WHY IS TIME MANAGEMENT ESSENTIAL FOR BUSINESS SUCCESS?
Time management is an essential management skill that will help you improve production and performance and to earn more without you or your team working overtime. To serve clients more efficiently, entrepreneurs should prioritize using time-saving methods that simplify processes and operations to produce quality services and goods.
Additionally, a common goal for entrepreneurs is to achieve a proper work/life balance. By using time wisely, more entrepreneurs take time off without losing confidence, profitability, or business productivity.
WHAT ARE SOME EFFICIENT TIME MANAGEMENT TIPS?
Eliminate nonessential work: many entrepreneurs, business owners, and their teams spend hours on work that doesn’t help their businesses grow. My clients learn several professional strategies to shift focus to completing only results-driven work while significantly reducing and eliminating nonessential work.
Start by answering these questions to learn what work is conducive to business productivity and growth:
What does your workload look like?
What tasks get delegated to staff?
Will they achieve immediate results?
Will they have significant consequences if not completed?
Simplify your work: Overly complex activities with several steps require more time, money, people, and resources. I help my clients commit to eliminating 30% of unnecessary steps in their daily tasks to complete them quicker, using fewer resources and a lower risk of error.
Improve delegation: many business owners, executives, and leaders struggle with many responsibilities because they aren’t delegating. Improving your delegation skills helps you complete your daily targets more quickly. You will reduce needing extra hours spent on the tasks your team will handle. You will also be able to manage other responsibilities that demand your attention.
Assess your marketing strategies: if you manage email campaigns, your website, and several social media accounts, consider investing in multi-purpose marketing automation platforms. Explore multi-purpose marketing tools to consistently update your social media, complete drip campaigns, create data analysis, and more.
Create action plans: action plans provide a structured approach to completing daily tasks and objectives and reaching daily targets.
HOW CAN A BUSINESS COACH HELP WITH TIME MANAGEMENT?
It takes practice and commitment to improve your time efficiency amidst a busy schedule. Hiring a certified business coach trained in globally successful behavioral tactics and strategic business practices is a great way to refine your management skills and be held accountable for committing to changing business-sabotaging habits.