4 Time Management Tips Every Entrepreneur Should Follow

4 Time Management Tips Every Entrepreneur Should Follow

Time is one of the most precious resources for entrepreneurs. As an entrepreneur in today’s times, you need to be quick on your feet and effectively use your time. An entrepreneur has to juggle all those urgent tasks, different projects, and responsibilities to make the most out of the day and push the business forward.

In this blog, we’ll learn 4 actionable and effective strategies to help entrepreneurs make the best of their time, to reach their full potential.

1. Practice SMART Goal Setting:

As famously heard “A goal without a plan is just a wish.” So, if you wish to gain the best productivity you need to plan and apply the SMART goals strategy effectively.

Specific –  Outline what you want to achieve.

Measurable – Fix tangible criteria to track progress.

Achievable – Set goals that are realistic and align with your capabilities.

Relevant – Ensure that the goal is in line with your broader business objectives.

Time-bound –  Define specific deadlines for completing your goals.

2. Try the 80/20 Rule (Pareto Principle)

The Pareto Principle states that 80% of your results stem from 20% of your efforts. 

So study your daily tasks and figure out that 20% that brings 80% of your business results. By focusing on these high-impact activities you can optimize your time and efforts. Let’s say for example, that networking events contribute significantly to securing a majority of your clients and collaborations, then allocate more time and focus to those activities rather than wasting time on low-impact tasks.

3. Schedule the Most Important Tasks First.

“The key is not to prioritize what’s on your schedule but to schedule your priorities” 

Rightly quoted by Stephen Covey, as entrepreneurs, your focus and time are extremely valuable and you cannot just spend your whole time doing any task that pops into your mind. You can apply the Eisenhower Matrix for prioritizing the most important tasks by dividing them into 4 boxes

  • Important and urgent: Focus on completing these tasks first in your schedule.
  • Important not urgent: Schedule these tasks and set a time to get them done right after the important and urgent tasks are dealt with.
  • Not important but Urgent: Save time and delegate these tasks to your employees as per their expertise and skills.
  • Not important and not Urgent: Delete them from your list as these are dead-weight tasks slowing you down.

4. Delegate and Co-operate:

Know and accept that you can’t do everything on your own. Your leadership truly shines when you know, when and how to delegate the right tasks to the right person in your team. When you practice delegation and cooperation with your team, you’re not only reducing your workload but also giving yourself more time to focus your energy on the task that needs your attention the most. Collaborating with your team, allows you to tap into the expertise and resources of others, making tasks quicker. The key for entrepreneurs to effectively get more work done in less time is to boost teamwork and delegate tasks to the right people.

By practicing these 4 actionable time management strategies entrepreneurs can improve their control over their time and increase their productivity to new levels. However, it is important to know that time management is a continuous process and will require practice, practice, and practice till you become better at managing your time effectively, boosting your entrepreneurial success!

At InZone, we are dedicated to fulfilling your entrepreneurial dreams and visions. For those wanting to turn their business dreams into reality, InZone is the perfect place to get your guidance from!

Let's Talk

Get a response within 4 business hours!

This field is required
This field is required
This field is required
This field is required
We will handle your personal data in compliance with our Privacy Policy

Recent Articles

How to Open a Franchise Business in Dubai

Dubai is a well-known international hub for business, and many choose to establish their businesses here due to its numerous advantages and if you are still waiting for the right idea to spark before entering the business world, franchising may be the way to go. A franchise is a business in which the proprietor licenses...
Read More ›

Understanding the Documents Required for UAE Business Setup

If there’s one thing that aspiring entrepreneurs dread before setting up a business, it’s the paperwork involved. Handling documentation, navigating procedures, and seeking approvals are commonly seen as challenging tasks. However, it does not have to be as complicated as it seems, especially when you hire a business setup consultant in the UAE to assist...
Read More ›

The Top Business Trends for 2024

As we go deeper into the year 2024, global business trends continue to evolve at a rapid pace. This growing change presents both challenges as well as opportunities for companies across industries. In this dynamic environment, businesses must prepare themselves to be innovative, sustainable, and adaptable at all times. In this blog, we will explore...
Read More ›

Everything You Need to Know About Crowdfunding in the UAE

We live in times when innovative ideas are abundant but securing funds remains a constant challenge for entrepreneurs. Crowdfunding in the UAE allows entrepreneurs with a vision to come together on digital platforms to gather the required funds. In this blog, we’ll tell you everything that you need to know about crowdfunding in the UAE....
Read More ›

The Importance of a Solid Business Plan for Startups

Starting a new business is an exciting journey filled with opportunities and challenges. Whether you’re launching a tech start-up or a small local cafe, having a solid business plan is crucial for success. A business plan serves as a roadmap, guiding entrepreneurs through the various stages of their venture. In this blog post, we’ll explore...
Read More ›

How to Build a Strong Personal Brand as an Entrepreneur

We are living in the most dynamic and constantly evolving times, especially when it comes to entrepreneurs and businesses. With the increasing competition and changing times, gone are the days when simply having a good product was enough to expand your reach as an entrepreneur. Connecting with your audience on a deeper and emotional level,...
Read More ›

4 Time Management Tips Every Entrepreneur Should Follow

Time is one of the most precious resources for entrepreneurs. As an entrepreneur in today’s times, you need to be quick on your feet and effectively use your time. An entrepreneur has to juggle all those urgent tasks, different projects, and responsibilities to make the most out of the day and push the business forward....
Read More ›

How Corporate Tax Will Apply to UAE Businesses in 2024?

Although it has been more than two years since the announcement of the UAE Corporate Tax, it continues to be a puzzling concept among business owners. Given the recent implementation of CT, business owners are still grappling to understand certain concepts associated with the tax. Add to this the fact that the regulations around this...
Read More ›

Why Outsourced Accounting is Vital for UAE Businesses?

In any business endeavor, improving operational efficiency and cutting expenses is a top priority, and a common way to achieve this is through outsourcing. For those who are unfamiliar with this term, outsourcing is the practice of hiring a third party to handle specific tasks within your business operations. In a competitive business environment such...
Read More ›
We Accept

We accept the following credit cards. Our website is secured with SSL 256 Bit Encryption.

We accept credit cards
Why Choose InZone
  • We provide 30 day money back satisfaction guarantee to all our clients.
  • We provide 100% confidentiality to all our clients.
  • We provide a dedicated account manager.
  • We provide bank account opening assistance through our well-established banking relationships.
Refer & ReceiveRefer and Earn
Contact Us