Work in lists of three, develop a spine of steel, fall in love with percentages, make a serious big picture plan, and your productivity is taken care of!
According to the 2007 OECD chart, the rest of the world significantly lagged behind Luxembourg in terms of national levels of productivity as measured by important metrics like GDP per hour worked.
The fact that Luxembourg’s productivity levels are nearly twice as high as those of many other OECD nations is now what sets them apart from the rest of us.
Social economists, who are better qualified to comment than I am, might be better suited to analyze the national characteristics of those Luxembourgeois, (true, I looked it up! ), which contribute to this remarkable achievement.
Nevertheless, the purpose of that somewhat tortuous introduction was to put forth the theory that none of these statistics would adequately capture the sea of sweat expended by small businesses in order to pay their employees and a vast army of outsourcers.
Small businesses and productivity
No, our ability to increase productivity and how it affects our lives now and in the future is up to us. a variety of ways, all with vastly different success rates.
Speak with any proprietor or small businessperson. Everyone of them is exhausted. Rarely are they because they have their together, if they are.
They might be handling ongoing business. There is a huge gap in what needs to be accomplished to create the business, transition it, or succeed from it, though, if that is just paying the bills.
The Internet’s push-pull dynamics
As a source of limitless opportunity and increased productivity, the Internet is something we laud, love, and could not live without. It significantly contributes to business owner overwhelm as well.
On the one hand, it provides us with efficient systems for building relationships with customers, automated process improvements, and a never-ending kaleidoscope of knowledge that can change our lives. On the other hand, there is the frustration of missed opportunities, information overload, and distraction.
So, how can small businesses use this incredible tool to permanently change their productivity levels so that they can produce more output with less effort? This applies to both online and offline small businesses.
Create a succession plan first, thinking very broadly. Without a succession plan, you are doing yourself a disservice if you launch and maintain a business. You are forced to confront a number of significant aspects of your life, not just your business, through the development and implementation of a succession plan, including: How much time do you want to work for? 2. How much money are you going to need for retirement or other goals? 3. If you could do anything else, what would you do? 4. Can your company be purchased or taken over? 5. If not, will you still be there? 6. If someone were to buy it or take over, are they already a part of your company? 7. What should you do to promote that result? 8. How are you achieving this? What could you do better?
9. What could you do right now that could earn you money now and in the future?
A whole-life focussing exercise involves responding to these questions.
Even though you may be decades away from retiring or changing your line of work, if you make a succession plan, you begin to concentrate on the tasks that will help you reach your long-term objectives. You have developed a vision that will be important to you and your life in the future.
Love percentages to death
The pressure increases exponentially when your succession plan is shortened to 10 years rather than 30, which is one of the issues. a compelling argument for doing it now rather than later. Your productivity rapidly dwindles if you are pulled in several different, distracting directions.
Recently, my 70-year-old mentor took me aside. Focus must be your mantra because you are juggling far too many balls, he said. He helped me in the following way, and it was all about percentages.
I first had to supplement our living expenses in order to pay the bills. He collaborated with me to determine the precise amount of time I should spend on that task each week, given the amount of money needed each week. My workweek is 60 hours long. We allotted a portion of our time—60% of my time, or 36 hours per week—to this activity.
My attention has been focused as a result of developing a routine in which client tasks alone take up 60% of my day from 8 to 2 PM. I have a lot of things under control in order to be extremely effective in that allotted time.
1. The removal of email alerts. If I know there is client correspondence in an email before 2pm, I only open it. Otherwise, I ignore it. 2. A trio of items (more about that later) Three. No rabbit holes
4. A requirement for working fruitfully with chosen outsourcers.
Building an authority blog (about blogging) and an online community is the second activity.
It works well with making a living because this activity gives my offline business credibility. Additionally, it might generate a respectable residual income. We allotted this 12 hours, which is 20% of the total time.
Being forced to do only what I had to do rather than what I wanted to do has been difficult. However, the blog and the community both continue to grow.
Important information: If you are taking care of the necessities, then you shouldn’t berate yourself for the things that are still unfinished. Guilt-related emotions drain your energy and prevent you from working efficiently.
The pursuit of residual income through speaking engagements and online marketing initiatives comes in third. Although I initially considered this to be the most crucial, very little else is actually feasible without consistent cash flow. The remaining 12 hours and the remaining 20% go toward this.
The most discipline has been needed for this. As anyone who has ever worked online knows, there will never be enough time in a lifetime to fully comprehend, learn, discern, select, act upon, and utilize the opportunities that are available.
I’ve only selected one career path that fits our skill sets, and that is Kindle Publishing. Choose whatever aligns with your abilities, interests, and passions, then work hard to become an expert at it. Application and perseverance are always key. The grasshopper syndrome is absolutely detrimental to productivity.
Simple. Stop working for free if your week is only allotted a certain number of hours. Work only for clients who will pay you what you are worth and who value your services. Have the guts to decline or make an upfront request for what you are worth. Get paid. Create a steely spine.
Nothing will throw your productivity out the window more than working hard but not getting paid. Get a coach if you are struggling in this area. Any business problems you have can be solved with a coach for a lot less money than it would cost.
Some of us are addicted to lists. For others, their heads are their entire world. This is a good system for both keeping you focused, completing the most difficult tasks first, and maintaining daily productivity at its peak.
Examine your lists or everything you still need to do after your workweek is over. Make a new, random list of everything that needs to be completed.
Include everything else you have to do the upcoming week.
Choose the top three tasks that you simply must complete from that list on the first day of your workweek. Write down the three steps that must be taken to accomplish it if the items are complex. After finishing those, if you still have time, add the following three to the list.
If you have customers, tell them not to set themselves up for unrealistic deadlines. By juggling the lists, you can make sure you haven’t raised expectations that you won’t be able to meet.
There is nothing more gratifying, energizing, and productive than completing the most crucial tasks for the day. You can rest easy tonight knowing that today’s was completed!