Entrepreneurs always have a tremendous amount on their plates. In order to be successful, they have to juggle various tasks and responsibilities on a day-to-day basis, making it essential that they remain motivated and productive at all times.
While this can be a challenge, if entrepreneurs remain consistently motivated and productive they have the ability to conquer any business challenge they encounter.
Here is five tips Seattle real estate expert Jim Thorpe recommends to entrepreneurs interested in increasing their productivity.
Block Out Your Time
organization tips for entrepreneurs
Entrepreneurs often face the challenge of never having enough time in a day to get everything done. It’s easy to feel overwhelmed by the unlimited number of responsibilities, from answering emails to resolving unexpected conflicts, it’s essential to get organized and plan out your day.
One way to overcome this is to block out a specific time each day to do specific tasks. An example would be to set aside 30 minutes every morning to respond to emails and prioritize your tasks.
By separating your schedule and responding to emails in this designated time slot — you’ll find yourself completing more tasks from start to finish.
2. Create Lists & Set Goals
By creating a written To-Do list and prioritizing your tasks you will remain focused throughout the day. Not only do lists help you feel accomplished, but they also assist in the organization and reaching your goals.
Real Estate Expert, Jim Thorpe recommends setting daily, weekly, monthly, and yearly goals. Not only is this tool crucial to your business’s success, but it also allows you to see the big picture and possible obstacles that you may come up against.
tips for business owners managing employees
Many entrepreneurs struggle with letting go. In many cases, it stems from the fact that they used to do everything when they started the business or believed they could do things better.
Whatever the source of the angst, no entrepreneur can create a successful, long-lasting, and scalable company without learning how to delegate to others. This goes for people who are running large companies and for those who are running solo practices.
If you find yourself being bogged down by menial tasks, find a way to delegate them to other employees at your company. If you’re running a small solo business, consider hiring a part-time worker or a contracted freelancer to handle these tasks.
By learning how to delegate appropriately, you’ll be freeing up time so you can focus on more significant tasks that drive the company forward.
4. Be Accountable
accountability tips for business owners
It’s amazing how public accountability can motivate us.
It is not uncommon for entrepreneurs to struggle with staying on a task. As Jim Thorpe explains, a critical way to combat this is to hold yourself accountable to specific goals and tie those goals to someone else. By sharing your goals with other team members, or even friends and family, you’ll be creating external accountability.
Eventually, you’ll have to report back to the people with whom you shared your goals. This will help keep you motivated to accomplish the goals rather than come up with reasons you weren’t successful.
5. Take a Breather
increase your business productivity
Everyone is subject to burnout. While entrepreneurs often separate themselves from others through their hard work and dedication, they deserve a break at times, too.
Taking time to breathe and step away from work is highly beneficial. Too much time spent focusing on work is not suitable for the brain. You need to step back at times and do non-work things that enrich your soul and make you happy.
Spend time with your family. Engage in an activity that brings you joy. Unplug from technology.
In the end, these breaks will serve you better than constantly trying to truck through work.
About Jim Thorpe
Jim Thorpe is a Seattle-based entrepreneur and a real estate expert with over 30 years of experience. He has sourced over a billion dollars in real estate and is a master of acquisitions and off-market real estate. He is a past member of the Board of Trustees at Villa Academy and the owner of Summit Capital Partners.
jim thorpe seattle