Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Entrepreneurial Spirit At Risk Of Death By Busyness

Press Release: For when you need a filler.

Jerome Jacobs, Rise Advisory
22 January 2013

Entrepreneurial Spirit At Risk Of Death By Busyness

It’s the dawn of 2013 and business owners are full of optimism and grand plans for the year ahead, but beware the New Year Grinch called ‘Busyness’ – it’s lurking just around the corner ready to smother all traces of that fresh entrepreneurial spirit.

Having worked with more than 200 small business owners over the last decade, local business advisor and author of Business Mechanics, Jerome Jacobs, says ‘Busyness’ is that lively but meaningless activity which snares most business owners.

“It’s easy to get caught up in responding to emails, answering the phone, fulfilling regular work orders, tinkering with the website and having meetings about everything under the sun.

“The result is a loss in momentum and a return to the ‘same old, same old’ daily grind.”

The answer, says Jacobs, is to track your time to determine what your most valuable activities are. These may include, for example, marketing, planning and creating systems that leverage your time, rather than drain it.

“Track how you spend your time for the next month and you will be shocked by how much productivity actually slips through your fingers.”

An even more disturbing exercise is to put a value to the time.

“From first studying and then valuing your time, you’ll learn how to prioritise your day. The fright will be motivation enough.”

Three tips for prioritising:

Priority one: Your first priority is reserved for high value activities like sales and systemising your business, but limit those to one or two core activities a day.

Priority two: The things you absolutely have to do. Return client calls, respond to complaints and requests for help, complete assigned tasks.

Priority three: The nice to do stuff, like filing, web surfing and socialising.

“No matter how many companies I work with, the problem is never lack of money or team, it always comes back to busyness. Be honest with yourself and make 2013 a productive year instead of a busyness year.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news