Taking time out for self-growth is by far one of the best things a
business owner can do to secure a winning future. You’ll be surprised to know
how investing in personal growth can contribute to business success.
Self-growth boosts creativity, confidence, and motivation. It persuades us to
create systems in our personal and professional lives that lead us to success.
Business owners
and entrepreneurs have to wear multiple hats and may not always be able to find
time to invest in their personal growth. However, self-growth cannot be
achieved at random. It’s a continuous process that requires dedicated efforts
and time.
Taking time out for
self-growth is by far one of the best things a business owner can do to secure
a winning future. You’ll be surprised to know how investing in personal growth
can contribute to business success. Self-growth boosts creativity, confidence,
and motivation. It persuades us to create systems in our personal and
professional lives that lead us to success.
Business owners
and entrepreneurs have to wear multiple hats and may not always be able to find
time to invest in their personal growth. However, self-growth cannot be
achieved at random. It’s a continuous process that requires dedicated efforts
and time.
Below are 5
tips that’ll help you focus on self-growth, transform you into a better
business professional, and steer you towards success:
1. Be a Ruthless
Prioritizer
The power of ruthless prioritization cannot be trivialized. Life
as a business owner can get so busy that personal priorities and self-growth
goals tend to take a back seat.
Business-related
tasks and responsibilities can never disappear, but we can definitely plan
ahead and prioritize tasks to get organized and
make time for ourselves. I like to use Eisenhower’s Urgent/Important Principle
to classify tasks and prioritize like a pro.
Master the art of delegation. Trust your subordinates with smaller
tasks and gradually delegate bigger responsibilities to them, thereby
maximizing productivity and making time for yourself. I often play to my team’s
strengths or train them on managing critical business tasks. This leaves me
time to focus on personal growth. Effective delegation not only keeps us sane
amidst tight deadlines but also helps us focus on ourselves.
Remember to
allocate time to the person who matters most – You! Prioritizing tasks will
leave you enough time to invest in your creativity, self-confidence, knowledge,
health, and relationships.
2. Learn to
Say No. Period.
There’s a lot we
can learn from Warren Buffet.
The American business magnate puts it across in simple words – “Really Successful People Say No To Almost Everything.” The primary reason why
modern business owners and entrepreneurs have less self-time is because of
their inability to say no when required.
Resist the urge
of being wired to the perpetual yes mode. Say no to unproductive tasks and
requests that continuously consume your time and energy. This will help you
find the much-needed me-time to define life’s priorities and reflect on your
personal growth.
Make it a policy
not to take business calls on weekends. Let your stakeholders know and respect
the fact that weekends are personal time. Similarly, you can design a policy to
eliminate late nights at work by forbidding meetings after 6 pm.
Being consistent with this policy will help you overcome the guilt
and anxiety that come along with saying no. You not only create a positive work
culture, but also make time for self-development.
Further, getting rid of unproductive tasks will free up your
cognitive space, allowing you to pursue self-improvement strategies like
enrolling for an online course or attending a workshop for small business
owners.
“The art of leadership is
saying no, not saying yes. It is very easy to say yes.” – Tony
Blair
3. Befriend Technology
Technology has
been enabling entrepreneurs and business owners to adapt quickly to the
changing business needs, allowing them to make better use of time and
resources. For instance, the cloud offers immense flexibility allowing business
owners to access data from any location and using different devices. Project
management and collaboration tools, such as Trello, Harvest, and GSuite can
help you focus on multiple tasks without wasting too much time.
Similarly, email
marketing automation tools enable business owners to organize their customers’
email addresses and send targeted emails, deal notifications, and product
information in a scheduled manner without having to get into the nitty-gritty.
Besides, modern
technology is redefining learning experience for entrepreneurs and business
owners. Several online learning platforms are offering immersive educational
experience through web and mobile apps. These platforms provide business
professionals and busy entrepreneurs learning beyond the classroom by helping them
upgrade their skills from any part of the world.
Going tech savvy
not only makes life easy but also helps you save time. Using high-tech tools
can help you stay on top of your tasks and fuel personal growth.
4. Eliminate
Distractions
Many business
owners unknowingly waste a huge chunk of their day accomplishing tasks that can
be easily delegated or avoided. A study by Inc. reveals
that business owners waste a staggering 21.8 hours a week. That’s almost one
day lost! Imagine what you could achieve in that time.
Eliminating the
common time wasters can significantly increase the amount of time available for
self-growth.
Here are a few time-wasters you should avoid to make time for
yourself.
Spending Excessive Time Online
A Vertical
Response survey reveals that 43 percent of business
owners spend 6+ hours per week on social media, surfing websites, emailing, and
going through apps. The fear of missing out (FOMO) often compels us to keep
checking connected devices, thereby wasting too much time online.
To make time for
yourself it’s critical to challenge the dominance of social media in our lives.
Block the distraction of the online world using various apps. These apps allow
you to block your social accounts and the internet, allowing you to focus on
self-development.
Similarly, emails are time-sucking black holes that can cause you
to lose focus. Set a specific time of the day to check and respond to emails.
Better still, avoid checking emails until you have finished important tasks.
Random Networking
Building relationships
is critical for every business owner, however, there’s a fine line that
separates networking and wasting time in meaningless socializing. It is easy to
lose time in such random networking that does nothing for your personal growth.
Therefore, it’s best to avoid such chatty situations. For instance, if you have
set time aside to upskill yourself by taking an online course, make sure you
wear headphones to focus and keep random schmoozers at bay. Alternatively,
don’t shy away from asking the person to get back to you at lunch break or
after you have finished the task at hand.
Futile Business Meetings
A business owner
is required to keep a bird’s eye view on various business operations. Although
meetings help us do just that, it’s important to not waste time on unstructured
and pointless meetings. Did you know, American businesses alone waste USD 37
billion per year in unnecessary meetings? Avoid drowning yourself in pointless
meetings. If you must attend one, make sure it has a clear agenda, allowing you
to reclaim your time for self-improvement activities.
“By prevailing over all
obstacles and distractions, one may unfailingly arrive at his chosen goal or
destination.” – Christopher Columbus
5. Use Idle Time
Effectively
Downtime doesn’t
always have to be unproductive. Those idle moments when you are traveling or
waiting for a customer can be spent doing meaningful activities like recording
goals in a bullet journal, social listening, reading a self-development book or
a business article, listening to Ted Talks, or learning a new language. Make a
conscious effort to pursue value-adding activities during your idle time,
thereby fostering personal growth.
Running a
business isn’t easy. Most business owners spend so much time and resources in
scaling their venture that they are unable to find any personal development
time. Use the effective tips shared in this post to make time for self-growth
in your jam-packed schedule.
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