As a business owner, you don't have time to spend time on time-sucking tasks and distractions. If you want to create a scalable business, you need to become more efficient. One of the easiest ways to make business processes more efficient is to identify activities that are wasting time and eliminate them. You can get rid of them by tightening up, streamlining, delegating, outsourcing, or automating the task. But the first step is to figure out what’s draining your time.
Perform a Time Audit
You may be able to guess where you’re spending the bulk of your time, but the only way to know for sure is to perform a time audit. This means logging your time at work for a set period in order to gather objective data. You can do this with an app or software program that logs your time. The results may surprise you.
Consider Time Spent vs. Results
Look at the activities where you spend the most time. Do they produce the most results? What you might find is that you’re spending a great deal of time on activities that don’t produce results. Meanwhile, those that produce greater results aren’t getting the time they need.
What’s Stopping You from Getting Things Done?
For tasks that take a great deal of time, what is making them take so long? There’s probably some stage during the process that’s taking longer than it should. Look for bottlenecks where tasks get caught up and can’t progress. If the actual work to complete a certain task simply takes too long, you might consider delegating or outsourcing it.
If you take the time now to overhaul your business practices, you can save a great deal of time later on. Map out each process and see where time is being wasted. Then, you can figure out how to tighten up and make the most of your time at work.
You can get more tips on how to create effective and efficient business processes in my course called "Process Power". Click here to learn more.
