Tuesday, August 7, 2012

Schedule Yourself

Are you spending your time on the right things?  Are you always doing stuff but do not feel like you are getting anything done?  If so, it is time to take a look at what you are doing and how it impacts your business.

One of the best ways you can see how you are spending your time is to log everything you do for one week.  List what it is you are doing and for how long.  Compare that information to the business you did (or the income that came in).  This exercise will open your eyes to how you spend your time. 

Now, how are the things you are doing impacting your business?  Are you spending time doing things someone else can do?  As the leader of your business, you don't need to be doing things that can be done by someone else.  You don't need to check in the orders.  You don't need to be re-organizing the reed drawer.  Your role is to plan the future direction of your business.  You need to making the moves to grow and build.

Now, as a small business owner, you often have to play the role of bookkeeper, janitor and everything in between.  However, even if you are a one man show, you need to set aside time for long term planning.  Put it in your schedule and keep the appointment with yourself.