When you’re working on a startup, it does not just feel like there are not enough hours in the day, there actually is not enough time to get everything done that you need to get done in a single day if you want to keep your sanity.
If you are a startup owner, you may just think that it is your lot in life to not actually have much of a life outside of your business, but it really does not have to be that way. If you find ways of saving time as you get your startup off the ground, then you can claw back more personal time and have a greater balance in life.
Not only will this be great news for you personally, but it will also be excellent news for your startup because not only will your company be more efficient, but you will be less likely to burn out and struggle to run the business.
With all that in mind, let’s take a look at some of the best ways you can save time as a startup:
Say no more often
Many entrepreneurs, when they start a new business will quickly be bombarded with all kinds of requests, on and offline, for people who are looking to network with them. This can feel exciting because suddenly you are this big important person who people want to get to know.
The thing is, you are just starting out, and the more time you give to people who are looking to boost their own profile by association or put themselves in line for jobs that may not be open in your startup for months to come, the less time you can spend getting vital work like negotiating with suppliers or writing marketing materials. Save time by saying no to any requests that will not benefit your startup right now and claw back so much precious time. You can always get back in touch with people when you are ready for networking.
Outsource more often
Many startup owners ae hesitate to delegate any work at all, not only because they feel like they cannot afford the expense, but also because their business is their baby and they don’t want to relinquish any control of it whatsoever.
They are wrong. Outsourcing is an excellent way of improving business efficiency and saving time. It ensures that the people and organizations that know how to carry out a particular task the most efficiently and effectively are able to do so. For example, by going through a company that offers limited company formation packages when registering a startup, you could save time and effort on filing necessary paperwork, thus freeing you up to get more done during your day or if you hire a copywriter to create your online marting pages, you can ensure that they are as effective as possible at getting conversions while again freeing yourself up to work on the business tasks that you do really well.
Over time, outsourcing will save you not only time but also money, which is why knowing how and when to delegate is one of the best skills an entrepreneur can have.
Ditch the meetings
Okay, so you probably won’t be able to get rid of every single meeting, but you can probably do away with more of them than you might think and still run a well-oiled startup machine.
If you can convert information to employees or clients via email or online messaging services, then do that, do away with the meeting and save a bunch of time for you snd your employees in the process.
Get rid of distractions
A really obvious way to save time in your startup is to get rid of any and all distractions. What constitutes a distraction? Anything that does not help you to further your business, achieve your company goals or boost your bottom line, You might be having a great time trying to come up with a new logo for your company but if it already looks good and it is already bringing in business, do you really need to do it? You may be p[recoccupied by choosing art for your office, but again, is it really that important? You could literally close your eyes and point your finger at any canvas in the catalog and it will probably be just as attractive as the next one.
If you want to save time, you need to do away with the unnecessary and focus in on tasks that actually make your business better. It can be tricky to know which tasks are vital and which are distractions but after a few months of running your startup, it will be easier to figure this stuff out so don’t worry.
If you want to save time, you might naturally think that doing three things at once would be better than doing one, but you’d be wrong. Many studies have shown that multi-tasking is not as efficient as we think it is because tasks may get done more quickly but they are usually not completed to the required standard, which means you will probably need to redo them to some extent.
By focusing in on one thing at a time, you can get it done right the first time, move on to the next and start making some real headway.
In the 21st Century, if you want to save time as a startup, then you absolutely should be using as many of the available smart automation tools as you can to make it possible. For example, you could start using AI chatbots to answer some of the most common customer service questions your customers will have so that your employees only need deal with the trickier cases or you could use automated accounting apps to significantly lower the amount of time you need to spend on the financial side of running a business – there are many smart automation apps and software packages that can do a lot more than you might think, so take some time to explore them all and adopt as many of them that will be useful to you, as you can.
Don’t aim for perfection
One thing that really sucks a lot of time for many new entrepreneurs is the concept of perfection. Many startup owners think that their business needs to be perfect in every way in order to succeed, but in practice, this is not only not true, but it is also extremely difficult to achieve.
Obviously, you want to offer the best product or service you possibly can to be competitive, but when it comes to the day-to-day running of the company, good enough is usually good enough.
Every business has its ups and downs and encounters all kinds of problems along the way, and you cannot expect that not to be true of you. Instead of letting perfection paralyze you, learn how to roll with the punches and your business is likely to be more efficient, and ultimately more profitable as a result.
Once your business is properly established, you can think more about making it as close to perfect as possible, but in the early days, just aim for the best you can achieve with the resources you have and try not to sweat the small stuff.
As you can see, saving time as a startup is perfectly possible and probably not as difficult as you might have imagined. Why do things the long way, when you can save time, increase efficiency and boost your bottom line, and your life all at the same time?