Time is a precious commodity, whether you are running a household or running a business. The amount of time we have to complete projects, finish tasks, or carry out plans is just as important as how we utilize our hours in the day. Effective time management can increase productivity, improve performance, and propel you closer to your goals. Incorporate these 10 time management tips so that you use your time wisely in order to be successful in your personal or professional life.
Running a small business is not easy, especially when you’re growing your company and expanding your team. Implementing a project tracking software has a multitude of benefits that not only helps you and your employees remain organized, but it can take your business to the next level, allowing you to succeed against the competition.
8 out of 10 entrepreneurs who start businesses fail within the first 18 months. Only 4% of the 28 million companies in the US ever reach more than $1MM in revenue. Of those firms, only 1 out of 10 (0.4% of all companies) ever make it to $10MM in revenue. Only 17,000 companies make it to $50MM. The primary reason that entrepreneurs fail is because they don’t have real-time metrics and dashboards to navigate through their entrepreneurial journey. Since entrepreneurs are flying blind, just like a plane without instrumentation in the cockpit, the businesses crash and burn.