Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,304 members, 7,780,709 topics. Date: Thursday, 28 March 2024 at 08:12 PM

Business: 15 Tips For Early-stage Entrepreneurs - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Business: 15 Tips For Early-stage Entrepreneurs (175 Views)

Savvy Fellowship Program For Aspiring And Early Stage Entrepreneurs / Expert Guide: 15 Tips To Boost Your Engagement On Instagram / 15 Tips To Conquer Fear Of Public Speaking (2) (3) (4)

(1) (Reply)

Business: 15 Tips For Early-stage Entrepreneurs by kufekpo(m): 12:36pm On May 17, 2019
In business, we often talk a lot about productivity and basic business development. Below is a collection of general tips I am going to share with those of you who intended to start off business very soon. These tips are generally helpful for any startup, especially for first-time entrepreneurs.

1. Prioritize and only do what matters. Avoid busy work and going in all directions. Say no to stuff that won’t move the needle.

2. When everything is important, nothing is important. Establish a language of P1, P2, and P3 -- levels of priorities. You only do some P1s in practice. Relentlessly prioritize.

3. Refuse to accept vague goals. Distill to clarity, then execute.

4. Never add new tasks in front of the queue, add them to the bottom. Complete what you are doing first. See my post on action lists for more info.

5. Create and manage your schedule in a calendar. Use time blocks for different types of calls, meetings, heads-down work and even email, family time and workouts.

6. If it's not on the calendar, don’t do it. Don’t assume that you will be working on something unless it is on your calendar.

7. Tweak how much time you spend on what. Find the combination that works for you.

8. Don’t just pitch, listen. Most business deals are closed not with a lot of talking, but with a lot of listening. Don’t talk past the other person, hear what they are saying. Ask questions.

9. Review each week ahead of time on Sunday so that you are prepared.

10. Avoid synchronous communication channels. Use asynchronous ones.

11. Don’t use chat clients or text messaging -- they are a big productivity killer because they disrupt your flow. Be respectful of your own time and team’s time overall.

12. Cut down on unplanned team meetings. It's OK to pull people into the conference room to brainstorm, but just make it clear this is what you are doing. Don't turn these sessions into long meetings.

13. Set a time expectation and limit for all team meetings. Typically, one hour meetings are the max. Thirty minutes is way better, unless it's a long brainstorming session, but even then, break it out into chunks.

14. Be respectful of other team member’s productivity -- don’t throw in tasks on top of their queues. This sometimes happens with CEOs, who tend to ask people to just do something quickly for them. A sequence of the quick things becomes very hectic and disruptive to the team members, particularly engineers.

15. Make sure you get enough sleep (less than usual but enough) and a Regular exercise is highly recommended.

Hopefully you will find these useful. Feel free to add tips that worked for you.

Any comment on this post? Let me hear your contributions.

(1) (Reply)

Nigerians Are Ready To Pay Their Taxes / Small Business Website Design / Stock Market Gains N490bn Ahead Of Buhari’s Inauguration

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.