Business Time Management

Business time management and Small Business Time Management: Are you the CEO of a company, or are you one of the top tier managers? Good time management in business is essential for success. Here are some of the most important expert tips.

Time Management for Business Advice 1: Always find a mentor

To be successful in your business, look for a mentor. A mentor is someone more experienced than you in whatever field you are in; he or she is someone who has already walked the path you are walking on, and can guide you around the hurdles along the way.

Some highly successful people may seem inaccessible, but if you actually have the courage to approach them and request that they be your mentor, many of them will be more than willing to oblige.

Time Management for Business Advice 2: Delegate, delegate, delegate!

Every successful leader knows how to delegate – even though you may think you are the best person for every job, the fact is that your time should be used on only the most essential tasks.

More often than not, this will be one of the following: making decisions that affect the core of the business directly, thinking of your business direction and vision, networking with other people in the industry – These are the macro business decisions.

In contrast, the micro business decisions can and should easily be delegated. These include any routine tasks that can be performed simply by following a standard operating protocol.

If you still feel that you are the only person who can do everything, you need to work on empowering your employees. Organize training sessions, create pet projects, train your staff to take on tasks of larger and larger responsibility. In the words of Robert Kiyosaki (author of Rich Dad Poor Dad), you can only consider yourself a business success if you can step away from the company for a month, and still have the company function as per normal.

Time Management for Business Advice 3: You do not need to attend every meeting!

Regardless of which position you are in the company, there will be meetings that are relevant and several that bear very little relevance to you.

More often than not, information-sharing meetings may be helpful, but not essential. Distinguish between decision-making meetings and information-sharing meetings, and manage your time accordingly.

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