21:45
Faizan
Part of being an entrepreneur means that you must organize and manage your business. You need to be able to step into the "manager" role and behave as a manager of your entire business world. And whom are you managing?
Yourself!
In order to be able to do this successfully you will need to be able to both fully step "into" being the entrepreneur and the manager. As the entrepreneur, you must be aware of your big picture; and as the manager, you must be able to step back far enough to get your manager's perspective and move forward managing yourself and your business accordingly. You've heard the expression "wearing two hats"; this is precisely what I mean. Except when I coach my clients, I teach them how to be strategic in each role.
The mistake many entrepreneurs make is that they don't manage themselves well. You can avoid these mis-management mistakes by realizing and accepting that you, in fact, need to be managed and then identifying exactly how to manage yourself as a business owner.
Being the Organizer and Manager of your business means that you:
Create structure for your day and week
Establish boundaries that support your structure
Clearly identify what specifically needs to get done
Are accountable for your actions
Engage in productive and effective activities
Do you have an "action plan" list that you closely follow? Writing down important tasks is the best way to stay accountable and prevent things from "falling through the cracks". Are you comfortable handling the financial side of your business? Even if you are, it might be best to allow a professional to handle the accounting side of your business. Is there a part of your business that you really don't feel comfortable doing or just don't like? Find a way to delegate that to someone else so you can focus on what you do best.
Yourself!
In order to be able to do this successfully you will need to be able to both fully step "into" being the entrepreneur and the manager. As the entrepreneur, you must be aware of your big picture; and as the manager, you must be able to step back far enough to get your manager's perspective and move forward managing yourself and your business accordingly. You've heard the expression "wearing two hats"; this is precisely what I mean. Except when I coach my clients, I teach them how to be strategic in each role.
The mistake many entrepreneurs make is that they don't manage themselves well. You can avoid these mis-management mistakes by realizing and accepting that you, in fact, need to be managed and then identifying exactly how to manage yourself as a business owner.
Being the Organizer and Manager of your business means that you:
Create structure for your day and week
Establish boundaries that support your structure
Clearly identify what specifically needs to get done
Are accountable for your actions
Engage in productive and effective activities
Do you have an "action plan" list that you closely follow? Writing down important tasks is the best way to stay accountable and prevent things from "falling through the cracks". Are you comfortable handling the financial side of your business? Even if you are, it might be best to allow a professional to handle the accounting side of your business. Is there a part of your business that you really don't feel comfortable doing or just don't like? Find a way to delegate that to someone else so you can focus on what you do best.
Posted in: business
