Thursday, May 15, 2014

Managing Time and Processes for a More Efficient Business

Image Credit: Wikipedia

Owning and managing your own business is a huge undertaking which many people never experience. But for those innate trailblazers the least traveled path is worth all of the stress and responsibility. A mere day’s work can include anything from hiring and training new staff, marketing your goods/services, balancing expenses, analyzing spreadsheets and resolving customer service issues. Our online 3M superstore helps businesses streamline their inventory processes enabling them to save time and money. But tackling each of those items is crucial to the short and long term success of your business. So with so many different priorities what is the most efficient way to complete them? Effective time management is crucial. But don’t just take our word for it. Glean from the wisdom of some of the world’s most successful business owners.

“Once you have mastered time, you will understand how true it is that most people overestimate what they can accomplish in a year – and underestimate what they can achieve in a decade!”
–Anthony Robbins

Managing your time is one of the most important habits to master as an entrepreneur, business owner or high level executive. With the advancement of smart phones and easily accessible software there are thousands of time management tools available. Many of which are nothing short of a personal assistant in your pocket.

“In entrepreneurship, there’s a time to persevere, then there’s a time you need to change course. Knowing what to do can be tricky. When something isn’t working, sometimes you need to wait longer for your efforts to come to fruition. But there are also times when things clearly aren’t working. Continuing to pursue those things only wastes your valuable time.”
 – Ross Hill

This is where the rubber meets the road. Creating a plan and sticking to it is always the best idea. Except when it’s not. Sometimes the best approach is to change your approach. True business strategy requires a constant evaluation of strengths and weakness. Having clear direction and outlined objectives directly connects the effectiveness of your time management.

“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.”

– Bill Gates

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