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Achieve More, Stress Less: Time Mastery Secrets for Business Success

As a Business Coach, the number one excuse I hear for people not achieving something is “I had no time.”  I recognise that being a business owner can be challenging, and sometimes it’ll feel like you’re wearing 97 hats, while being in a constant state of juggle.  The opportunity is to adopt ‘Time Mastery’. 

Time mastery is the act of managing and optimising your time to achieve specific goals and objectives. In running a business, time mastery is a critical skill that can greatly impact the success, growth, and ultimately, the business owner’s happiness.

Here are some of the key benefits of time mastery in businesses:

Increased Productivity

By mastering time, business owners can ensure that they are using their working hours in the most productive way possible. This can help to increase efficiency and reduce wasted time, leading to improved outcomes and better results.

Better Prioritisation

Time mastery helps business owners prioritise tasks based on their importance and urgency. This allows them to focus their efforts on the tasks that will have the biggest impact, ensuring that they are working on the right things at the right time.

Improved Decision-Making

When business owners are in control of their time, they are better able to assess their options and make informed decisions. This is because they have the time and space to consider all the factors involved, rather than feeling rushed or pressured.

Better Work-Life Harmony

Time mastery can also help business owners achieve work-life harmony. By managing their time effectively, they can ensure that they are able to spend quality time with their families and engage in activities outside of work that bring them joy and fulfillment.

Reduced Stress

When business owners are in control of their time, they are less likely to feel overwhelmed and stressed. This is because they can master their workload in a way that is manageable, and they are able to prioritise and complete tasks in a timely manner.

Improved Collaboration

When business owners can master their time effectively, they are also better able to collaborate with others. This is because they can coordinate their schedules and work together to achieve shared goals.

Better Customer Service

Time mastery also helps business owners provide better customer service. By managing their time effectively, business owners can respond to customer enquiries and requests in a timely manner, which can lead to improved customer satisfaction and loyalty.

Now let’s discuss the actual steps that you can implement to achieve time mastery.

1) Identify Tasks

Create a list of the tasks that need to be accomplished. Quite often business owners will have this list in their head, however leaving tasks in your head only leads to overwhelm and stress.  Get the tasks out of your head and capture them somewhere, ie. paper, diary, phone notes.

2) Prioritise Tasks

To prioritise effectively, you need to evaluate each task and determine its level of importance and/or urgency. Use a prioritisation matrix, categorising each task as either high, medium, or low priority. High priority tasks should be completed first, followed by medium priority tasks, and finally, low priority tasks. This will help you focus on what’s important, allowing you to achieve your most important goals and objectives.

3) Streamline Processes

Inefficiencies and redundancies in your systems and processes can consume a significant amount of time and resources. To streamline your processes, start by evaluating each process, and identify any inefficiencies.

Then apply these processes through the 3 ‘Ates’:

a) Eliminate: Stop doing certain tasks. There’ll be some things that you’re doing because you’ve always done them. Stop and challenge yourself to determine whether you need to continue doing this task.
b) Automate: Leverage technology to automate certain parts of your franchise, ie. pharmacies are now using robotic pill dispensers; use automated marketing to communicate with your customers and prospects; automate invoicing and payment reminders.
c) Delegate: Utilise others to help you accomplish tasks.  These people could either be staff, contractors, or other businesses, ie. bookkeeper.  I recognise that delegation can be challenging for business owners who have a strong desire to control every aspect of their business. To delegate effectively, you need to identify tasks that can be handled by others, provide clear instructions, guidance, training, and trust those around you.

4) Utilise Technology

Technology can be a valuable tool for improving time mastery and reducing the amount of manual effort required to run your business. Consider utilising technology such as project management software, and scheduling software to manage your time more effectively.

For example, using project management software, you can assign tasks to team members, track their progress, and communicate with them in real-time, reducing the need for face-to-face meetings and improving the efficiency of your processes. Scheduling software can simplify the process of scheduling appointments and meetings, reducing the amount of time required to manage your schedule.

5) Track Your Time

One of the most effective ways to improve your time mastery is to gain awareness of how you’re currently spending your time. By understanding how you are spending your time, you can identify areas where you can improve and make changes that will have a positive impact on your productivity and the performance of your business. Consider using a time-tracking app or spreadsheet to log the time you spend on each task. This will give you a clear picture of how you are spending your time, allowing you to identify areas where you can improve.

In conclusion, we all have the same amount of time (168 hours per week), however, successful business owners understand how to best utilise this time.  Time mastery is an essential skill to increase productivity, improve decision-making, achieve work-life harmony, reduce stress, provide better customer service, and, ultimately, achieve happiness. By investing the time and effort to master your time, you will set yourself on a path to success and growth in your business.

tony meredith business coach

About Tony Meredith

Tony Meredith Coaching focuses on helping business owners Grow Sales, Increase Profits, and Regain Time. 

Tony Meredith Coaching started in 2018 and works with hundreds of small-medium businesses across Australia, in the areas of Services, Franchising, Retail, Manufacturing, and Trades.

Tony has over 25 years of experience working for some of the world’s largest corporations in a variety of senior sales and leadership roles.

Tony and his team provide a range of specialist business coaching sessions, including individual business coaching Brisbanegroup business coaching Brisbane, and online business coaching Brisbane.

Contact Tony and his team if you want to grow an outstanding business.

Contact Details

Email:              info@tonymeredithcoaching.com.au

Phone:            07 3394 8221