It’s Friday – Enjoy your weekend! But first….
Time management is something we hear a lot about but never seem to get an understanding of what we need to do about it. In this article, you’ll get 4 time management skills for small business owners. You may not like them, but they work.
1) Log your time
Take a day or a week. (A week is preferable) Log all the time you spend doing all your activities. You can grab a sheet or use a spreadsheet depending on how analytical you are. Start from the moment you wake up and end when you go to sleep. Track every single thing you do in a day and the number of minutes it takes you to do it.
2) Go over the log and identify your big time wasters.
Categorize your activities. Figure out how much total time you spent on each activity. Determine the percentage of time you took to do each activity category. You want to find areas where you’re spending too much time like meetings, email, phone calls, etc.
3) Apply the 80/20 rule to your time.
The 80/20 rule says that 80% of your results come from about 20% of your activities. You need to figure out those activities that give you the best results and increase the amount of time you spend on them. You’ll need to keep analyzing this and keep increasing the time on the activities that only get you results. The rest is not important.
4) Delegate your time.
If you spend a bunch of time on your email, find an assistant to handle your email responses and send you only the most important ones. Email is usually a big time suck. Give away those activities that don’t get results. Give them to an employee who can handle them for you and train that employee to do them for you. Then, trust that employee to do the job you’ve trained them to do and move along doing the things you need get you the best results.
I hope these tips have helped you with your time management. If you’ve got questions, don’t hesitate to contact me.
4 Tips on Finding Your Path and Purpose in Life
I remember an adult once telling me when I was young that I needed to try different things in order to figure out what I wanted to be when I grew up. I remember thinking, “How could I possibly just fall into something I love by chance? Into something I’m meant to become? Is it perhaps a bit more predestined than that?”
I’m certain it’s normal to search for meaning and purpose. It is, after all, our nature as human beings. I was reminded this morning of an uber-successful millennial who struck it rich with a tech startup and become an instant billionaire, only to reach age 30 and realize no one cared about him and he was doing something that left him empty. The point is that everyone wants perfection. Everyone wants financial stability. Everyone wants productivity and some degree of a routine. Everyone wants certainty. Everyone wants to give love and to be loved. The reality is that these things just don’t exist because the perfect version of yourself is constantly changing as you learn and grow! As you expand, your goals expand with you.
Isn’t the search, perhaps, less about attaining the perfect life and more about finding the perfect path?
The Perfection Competition
As you browse through Facebook and Instagram you will see updates and posts of what other people are doing and accomplishing. For me, this has led at times to feelings of jealousy or thoughts that perhaps I’m not accomplishing enough or getting enough out of life. I’ve realized that, when I set concrete goals for myself that are followed-up by smaller goals that help me achieve the big ones, I become more confident. I feel more productive. I feel like I’m on the right path for me. All of a sudden, I can’t identify as much with someone else’s’ perfect life and I feel more fulfilled with my own. So, I’ll ask you, what are your goals for yourself?
Learn the Signs of Misdirection
Feeling uncertain about your life, your goals, or your purpose is all normal. But what’s not normal is to feel uncertain every minute of every day. If that’s going on, I can say with complete certainty you’re not on the right path. Red flags and alarm bells should be going off all over the place for you right now! Instead, try to become more aware of your thoughts and feelings so you can be prepared to take action. Begin briefly journaling those feelings along with your ideas for what may be causing them. What is the root of it all?
Ask for Help
I know for a fact that I am my own worst enemy. But I have to stop and remind myself that, many times, I’m doing better than I think I am. Thankfully, in my case, I have two trusted people who remind me of that. I can be open and honest with them and they will give me a candid opinion of what I should consider changing. Everyone needs someone in their life that won’t just tell them what they want to hear. Do you have someone like this?
Purpose is Divine
I am a Christian and it’s taken me 33 years to realize that, when I focus on anything other than my faith and God’s will for my life, I grow unhappy, worried and frustrated. We all have talents. We all have a reason for being here. So instead of trying to figure it out for yourself, try praying about it. Now that I finally feel like I know what path I’m on, I pray daily that God will give me eyes to see Him, ears to hear Him, a hunger to do His will in my life, and that He will help me with each step along my path. For me, He has been faithful and helped me realize that I can’t do this alone. He has called me to be greater and, because of this, he has blessed me with purpose and passion! So are you praying regularly for purpose?
I would like to thank the Birmingham Business Journal for honoring me with the Top 40 Under 40 award this morning. I feel especially humbled by and grateful to our amazing clients whom I am privileged to help every single day. I’m also extremely thankful for our great team at GLF that share the vision Trent and I have. We believe God has called us to make a difference in this dark world and I consider our clients to be the greatest purpose for working in and striving to improve the financial services industry.
This recognition makes me think about all the great mentors in my life who have molded me in some way but, more importantly, it reminds me that God has gifted us all with special talents because He has someone else in mind for us to help. As you go throughout your day today, I encourage you to remember this. There is nothing more important. If you need financial or business coaching, please reach out to me today. I’d be honored to work with you. #top40under40 #Godisgood #grinkmeyerleonardfinancial
**Birmingham Business Journal’s top 40 under 40 recognizes young professionals in Birmingham, based on their contributions to their company, their impact on the business world, and their role in the community.
It’s not considered work if you love what you do for a living, but could you actually make the something you love into a career? There are many career options out there, some you’ve thought of and some that are so bizarre might not have crossed your mind. There’s always a rising star popping up in the media, there’s always a new best-selling author, there’s even a guy who sells snow! The possibilities are endless as far as how you can make money and more importantly how you can turn your dream into a career. How exactly do you go about doing so? Use these tips to get started.
1.) Educate yourself: If you want to work in a particular field, you have to know it inside and out. Research what it takes to make it in your chosen profession, take necessary classes, or even find a mentor whose walked the same path and found success at the end of it. Educating yourself on everything involved in your dream will bring you closer to seeing it unfold before your eyes.
2.) Make goals: Once you’re aware of how to go about obtaining a position in your career choice, you can begin planning the necessary steps that’ll take you from where you are now to where you see yourself in the future. Setting goals not only pushes you through the journey, but allows you to see your accomplishments along the way.
3.) Work hard: As important as it is to set goals, there will be no progress if you don’t reach them. Put forth your best effort in any free time you can manage so you can achieve each goal and move on to the next one.
4.) Don’t make up excuses: Doubt will visit you without an invitation; it will lead you down a trail of thoughts which will have you questioning your worth, your talent, and your time spent. This is an inevitable factor. What is in your power is whether or not you let doubt consume you, and if you don’t want your hard work to go to waste, don’t allow it to stay. Maintain confidence, remain focused, and keep telling yourself you’re almost there.
5.) Don’t let failure stop you: Not everyone has an insane amount of luck to succeed on the first try. If you do, that’s great, but for the rest of us who have to face rejection, we must understand that it’s okay to fail. One or even multiple failures does not set you up for a lifetime of failing. You don’t stay on the ground when you fall, you get back up, brush yourself off, and keep going. So don’t give up; keep moving forward.
Let’s face it, we all want to develop a winning strategy! According to a recent Forbes article, “When it comes to building your personal brand, a coach can be a powerful resource who can help you get out of your own way, stand out, and take action to achieve the things that are truly important to you.”
1.) Developing a Winning Strategy: Although this article is specifically referring to personal branding, the same is true for what a professional coach can do for you. A coach can clearly set out a strategy that will help you achieve your goals by bringing an “outsider” in with an expert point of view. This can allow you to see strengths and weaknesses that you may have never considered previously. By identifying these items and setting a plan, you will be able to find your advantage in the market.
2.) Gain the competitive advantage: Once you know your strengths and weaknesses, you will also be able to identify your opportunities and threats. Knowing the competition is key to knowing how to compete in your market. A coach can help you know what will set you apart from the competition and help you gain the lead over your competitors.
3.) Being free to focus: Another important advantage that coaching presents is the freedom to focus on what is really important. The same Forbes article warns folks that don’t take advantage of a coach, “you could be limiting your career success. That’s because coaches help you identify and focus on what’s important, which accelerates your success.”
A coach takes the pressure off by guiding you through the branding process. A coach can clear up the branding details for you so you can focus on your product or service and know that you have the tools you need to succeed and attract customers.
These are just a few reasons to love what small business coaching can do for you. To talk more about this, or anything else, please contact us.