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

 

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

ALSO:

Hurunui: Crown Irrigation Invests Up To $3.4m In North Canterbury

Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating up to 21,000 hectares on the south side of the Hurunui River in North Canterbury. More>>

ALSO:

Not So Great:Butterfly Eradication Success

The invasive pest great white butterfly has been eradicated from New Zealand in a world-first achievement, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry say. More>>

Gordon Campbell: On The Government’s Tax Cuts Fixation

Long before the earthquake hit, the dodginess of the government tax cuts programnme was evident in the language of its packaging. It is being touted as a “tax cuts and family care” package... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news