5 Tips To Make Your Business More Productive

According to recent studies, more than 40% of the time of the entrepreneurs it is lost in non-productive activities that do not contribute to the growth of their businesses.

Unfortunately, many are unaware of this problem and perceive it until the moment when their company presents financial problems or imminent danger of failure.

True productivity has to do with good management of time and resources. It has to do with defining priorities and achieving a clear focus to address them. But this requires a leader who sets the course and leads his team towards the correct execution.

Attending multiple activities can become a dangerous mirage that makes us think that by doing more, we are moving forward.

So before this happens to you, here I share 5 practical tips for you business be more productive.

5 Tips for Business Productivity

The starting point to determine what is really productive in your company is to have very clear priorities and objectives that we want to achieve.

1. Define what is important. One of the principles of Stephen Covey in his book The 7 Habits of Highly Effective People is to define what is important.

   Every year, every month and every week you must define clearly and together with your work team what is the most important thing to do in that period of time so that they can focus on it and avoid being diluted only in urgent activities or “extinguishing fires” .

   A good technique is to set, for example, 3 important goals for the week and that the greatest investment of time and resources is focused on achieving them.

2. Identify and eliminate distractors. It is very common that without realizing it we are absorbed by different distractors and some of them can be subtly disguised as productive tasks, but many times they become only “activism” that contributes nothing to the real productivity of your business and they just end up being a waste of time.

   Start by identifying them and eliminating them from your activities and those of your collaborators.

   Some examples: Immoderate use of social networks, chatting for a long time, checking your facebook constantly, unnecessary meetings, long personal phone calls, etc.
3. Reduce the internal “bureaucracy” of your organization. Procedures and norms are protection mechanisms and they should contribute to order and effectiveness, but when they become increasingly bureaucratic then the effect is opposite.

   An organization can become bureaucratic when too many bosses are involved to complete procedures, when people are not empowered to make decisions, or when paperwork increases.

   Requirements for signatures, documentation or multiple reviews can be just some of the activities that, far from making you grow, can make your company less efficient in the long run. Of course, eliminating the bureaucracy that has many times been built over the years will not be an easy task, but it is well worth having as a goal.

4. Learn to say no. A bad habit that we develop as entrepreneursWithout realizing it, it is pretending to attend to everything, to be in everything, to accept any invitation or to try to decide everything. If you really want to take your business to a new level, a good productivity principle is learning to say NO to some things.
   

   Evaluate what activities really contribute to your growth and just say “no thanks” to others.

   Politely decline invitations to irrelevant events, delegate minor tasks to your middle managers and that way you will have more time and intellectual resources to stay on course, vision and better achieve your goals.

5. Learn to rest. Some entrepreneurs work tirelessly up to 15 hours a day, 7 days a week thinking that this way they will achieve more results. Nothing further from reality.

   Physical and mental rest are essential to make us more productive men and women. It is a medically proven fact that resting and periodically “tipping off” contributes to better mental performance.

   Establish a culture of rest and vacations in your company where your employees and yourself can enjoy that productive disconnection regularly.

As you can see, these practical tips can make a big difference in your business.
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