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According to recent studies, more than 40% of entrepreneurs’ time is lost in non-productive activities that do not contribute to the growth of their businesses.

Unfortunately, many are not aware of this problem and perceive it until such time as their company presents financial problems or imminent dangers of failure.

True productivity has to do with the good management of time and resources. It has to do with defining priorities and achieving a clear focus to address them. But for this, a leader is required to set the course and lead his team to the correct execution.

Carrying out multiple activities can become a dangerous mirage that makes us think that by doing more. We are moving forward.

So before this happens to you, here I share 5 practical tips to make your business more productive.

5 Tips for Business Productivity

The starting point to determine what is really productive in your company is to have very clear priorities and objectives we want to achieve.

1.Define what is important

One of the principles of Stephen Covey in his book The 7 Habits of Highly Effective People is to define what is important.

Every year, every month and every week you must clearly define and together with your team that is the most important thing to do. In that period of time so that you can focus on it and avoids diluting only in urgent activities or “put out fires”.

A good technique is to establish, for example. 3 important goals of the week and that the greatest investment of time and resources is focused on achieving them.

2.Identify and eliminate distractorsMore Productive

It is very common that without realizing it we are absorbed by different distractors and some of them can be subtly disguised as productive tasks, but often they become only an “activism” that does not contribute anything to the real productivity of your business and the only end is a waste of time.

Start by identifying them and eliminating them from your activities and those of your collaborators.

Some examples: Immoderate use of social networks, chat for a long time, check your facebook constantly, unnecessary meetings, extensive personal phone calls, etc. Continue reading – 10 tricks to overcome sleep at work

3.Reduce the internalMore Productive

Reduce the internal “bureaucracy” of your organization. Procedures and standards are protective mechanisms and should contribute to order and effectiveness. But when they become increasingly bureaucratic then the effect is the opposite.

An organization can become bureaucratic when too many bosses are involved to complete procedures. When people are not empowered to make decisions or when paperwork increases.

Requirements of signatures, documentation or multiple revisions can be just some of the activities that far from making you grow. And can make your company less efficient in the long run. Of course, eliminating the bureaucracy that many times have been built over the years will not be an easy task. But it is well worth having it as a goal. Keep Reading http://carroussa.com/business/5-ideas-for-setting-up-a-small-business-with-low-investment/

4.Learn to say noMore Productive

A bad habit that we develop as entrepreneurs, without realizing it, is to try to take care of everything. Be in everything, accept any invitation or try to decide everything. If you really want to elevate your business to a new level. A good principle of productivity is learning to say NO to some things.

Evaluate what activities really contribute to your growth and others simply say “no thanks.” Politely reject invitations to irrelevant events, delegate minor tasks in your middle management and in that way you will have more time and intellectual resources to maintain direction, vision and better achieve your goals.

5.Learn to restMore Productive

Some entrepreneurs work tirelessly up to 15 hours a day. 7 days a week thinking that in that way they will achieve more results. Nothing further from reality.

Physical and mental rest is essential to make men and women more productive. It is a medically proven fact that resting and “disconnecting” periodically contributes to better mental performance.

Establish a culture of rest and vacations in your company where your employees and yourself can enjoy that productive disconnection regularly.

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