Small Business – How to Manage Time [INFOGRAPHIC]

Question:  As a small business owner, how much would you pay for one more hour?

Answer:  One In Four Small Business Owners Would Pay $500 For One More Hour

Why?

Because “time” is the one thing in short supply for many small business owners according to a recent survey by eVoice.

For more than half of the small business owners surveyed, there just are not enough hours in a day to successfully complete all of the three to five jobs they have delegated to themselves to manage.

They’re always running behind.

In fact, among small business owners polled by an eVoice survey, seven out of ten (71%) report working longer hours with four out of ten (40%) reporting less vacation time than those who are not self-employed.

Yes, there are advantages to being self-employed, but no one ever said it would be easy or that it wouldn’t require a lot of one’s time.

While small business owners may be willing to pay big bucks for an extra 60 minutes, the reality is…

“You can get more money but you cannot get more time”    

John Rohn

Here is the raw ugly truth.  You can’t manage time.  Time clicks on whether you’re there to watch or not.  It really doesn’t care.  It will continue to make its march around the dial.

According to Mavenlink, the company that created the infographic below, there are tools that can help conquer the time wasted waiting for information or techniques that aid collaboration.  Some of these may help.  But the one golden tip I can share with you is one I received from the Queen of Pajama Productivity, Annie Sisk.

Stop managing time.  Start managing yourself. 

Annie Sisk, Pajama Productivity

If you’re self-employed and want to get a handle on time and become more productive then you need to read a great productivity post by Annie.  The pointers in that post will get you and your small business rolling in the right direction.  Then you can refer to the infographic below and figure out which additional tools, if any, will help you better manage your time.

Tick tock. Tick tock.  Time is a-wastin’.

Are you doing better or worse than the study results indicate?  Share your thoughts and any time saving tips you may have in the comments section below

 

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time

Sheila Hibbard

Sheila simplifies marketing and social media for small business owners. She offers straight forward, no nonsense marketing guidance and techniques that produce results. She has four decades of experience in all phases of marketing including communications, research, strategy and social media. Facebook | Google+ | LinkedIn |Twitter

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3 Comments

  1. Aw, thanks for including my post! I appreciate it. Something like 40% of all entrepreneurs name “time management” as the biggest challenge marketing their biz according to a survey my friend Tea Silvestre ran earlier this year. #2 came in way, way under with just over 20%.

  2. Pingback: 5 Tools To Manage Time In Any Business | Per-Erik Olsen - Marketing Mastery

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