![]() and estimate that it’ll take you one hour, you should be done by 2:30 p.m. If you start writing an outline at 1:30 p.m. This applies whether you’re getting on the phone for a sales conversation, leading a team meeting, shooting a video, or writing an outline for your next presentation. Step number two: before you do any task – and I mean any task – check what time it is, and estimate how long you’ll spend working on this task. Whether you work at a desk or on a couch – or if you switch rooms – you should always have a large digital clock that you can easily see while you’re working. Again, it seems simple, but a lot of the entrepreneurs I speak to don’t follow this rule. Step number one: make sure you have a clock. It may seem almost too simple to need an explanation, but I’m going to break it down for you because it is so incredibly important. If you’re spending time doing activities that do not serve you, it doesn’t matter how hard you work – you still won’t have enough money to stay in business for very long.Īnd that’s why clock-watching is one of the most important skills that I teach my entrepreneurs. It didn’t really matter whether you spent three hours or 10 hours writing that report, because, ultimately, you still got a paycheck.īut what’s so scary about entrepreneurship is that you can work 60-hour weeks and still be broke. ![]() Unless you worked a profession that billed by the minute or hour, you probably worked a full day and didn’t want or need to look at the clock, because you wanted the day to pass as quickly as possible. Many of you came into business from jobs that didn’t require you to look at the clock. One of the fundamental issues that I see in most beginner entrepreneurs is the absence of any sense of time. This includes deciding whether it would be more efficient for you to delegate or get help with a given task rather than just doing it yourself. One of my favorite skills of successful entrepreneurs – something that I teach all of my high-level private clients – is called clock-watching.Ĭlock-watching is all about understanding and estimating how long it takes you to complete each task on your list. ![]() He wasn’t allotting enough time during the day to get his own work done, so by the end of every single day, he was exhausted, overwhelmed, and feeling like he was behind. Conversations that should have lasted 30 minutes ended up taking 90 or even 120 minutes. He would pick up the phone and talk to clients, friends, or colleagues, and have no idea how long his conversations were going to last. He said to me, “Monica, I just can’t seem to get things done.” And one of the first things I had noticed about him was that he wasn’t clock-watching. One day, we’d spent the day working together, and he was super low by the end of the day. I have a friend who recently started a new company, and at the very beginning of his business we would go for walks together at the end of the day. ![]()
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