Crunch
Time
By Doug
Bartholomew
 |
Time
on his side: John Harrington
owner of Standard Printing Co. in Ypsilanti, Mich.
|
Sure,
crazed is your middle name—it goes with owning a business. But
if you’re like many entrepreneurs, you desperately need to get
more organized. Learn how to stretch 24 hours into productive (i.e.,
more profitable) time without hiring new staff or losing your competitive
edge.
For many business
owners, time is the great and ugly enemy. Before you know it, the day
is gone and you wonder what you’ve accomplished. You’re
no closer to completing that big project you’ve been putting off
for weeks. Those interviews with candidates for the sales job that’s
gone wanting for so long? Postponed. The bid for that new account? No
way. Progress on opening the new store? Zilch.
If any of this sounds
familiar, take comfort in the fact that you’re not alone—there’s
a virtual army of small-business owners who can’t find enough
time in the day to march even half the distance they charted. The typical
small-business owner gets so engulfed in putting out fires and dealing
with daily tasks and interruptions that he or she hardly has time to
tackle the big stuff.
Speed
Traps
The problem is, says Harold Taylor, who heads up Time Consultants Inc.
(www.taylorontime.com) in
New Market, Ontario, many small-business owners get ensnarled in time
traps that prove costly and unproductive. “Probably the most common
of these is the failure of entrepreneurs to schedule time for themselves,”
says Taylor, who consults for some of North America’s largest
corporations as well as numerous small businesses.
Business owners also have difficulty saying no. They also don’t
set deadlines on all appointments and meetings and fail to spend enough
time on the objectives of the business (read: they get mired in the
little stuff). Collectively, these time traps can cause entrepreneurs
to spin their wheels when they should be gaining traction.
Another pitfall to making the most of your time, ironically, is not
taking enough time to get your required 40 winks. “I see a drastic
improvement among my clients who get eight hours of sleep each night,”
reports Vince Panella, author of The 26 Hour Day—How to Gain at
Least 2 Hours a Day with Time Control (Career Press, 2001). “They
report making fewer mistakes, and they’re more energetic on the
job.”
KILLING
TIME
In The 26 Hour Day—How to Gain at Least 2 Hours
a Day with Time Control, author Vince Panella lists the “killer
13” time-wasters: |
1.
Telephone/email
2. Surfing the Web
3. Interruptions
4. Socializing
5. Procrastination
6. Personal disorganization
7. Cleaning your desk
8. Inability to say no
9. Lack of delegation
10. Indecision
11. Unimportant paperwork and reading
12. Poorly planned meetings
13. Television and video games |
Panella lists the
“killer 13” time-wasters (see sidebar), including the time
that business owners and managers devote to their email—a concern
Taylor shares. “When I talk to groups, I ask them how much time
they spend a day on email,” he explains. “No executive I’ve
encountered spends less than one hour, and some of them are up to three
hours.”
At the same time, managers often treat email as though everything they
receive is urgent. “Every time they get a message, their computers
give a little audio signal, and they drop whatever they’re doing
to read what’s come in,” Taylor says. Not only is this little
task cumulatively time consuming, it also is distracting.
As for meetings, keep them on point, short and close-ended, Taylor advises.
All
the Right Moves
Probably the most important step in avoiding time traps should be a
given—but many business owners fail to take it. “You need
to draw up your company’s mission and define the goals, with individual
deadlines, that will enable you to fulfill that mission,” says
Taylor, who notes that any time you spend that doesn’t help you
realize those goals is likely wasted.
Tony Mandola, a Houston, Texas, restaurateur, knows firsthand the importance
of establishing a mission and sticking to the game plan. Mandola, who
owns three New Orleans– style bistros and a catering firm, admits
that before he got time-saving religion and adopted a set of principles
and ideas for better organizing his day, “I was so busy, I’d
wake up behind.” Now, he says, “I get more done in a shorter
span because I’ve learned to prioritize my time.”
He’s also learned the importance of focusing on meeting business
objectives. “The key is clarity,” Mandola says. “Stating
and reviewing your goals helps with everything else. Having clarity
helps eliminate things that might tend to slow you down.” Mandola
makes sure his goals are front and center by frequently reviewing them.
“I set them down on tape and listen to them or read them. That
way, every decision I make, I ask, ‘Does this help me achieve
my goal?’”
Being proactive, rather than reactive—and looking out for number
one—also can help. For example, Taylor says that we often set
up meetings around other people’s schedules, not our own. “We
show more respect for others than ourselves, and that can snowball.”
The solution: Schedule time for yourself so that you can focus on a
task without interruption. That means no phone calls and no email. These
should be dealt with much the same way managers used to deal with snail
mail. “You spend a half hour when you come in going through your
email, and maybe another half
hour at the end
of the day—and that’s it,” Taylor says. In the seven
hours in between, ignore the computer messages, and don’t be afraid
not to answer the phone occasionally. That’s why messaging services
were invented—so you don’t have to respond to every caller
when you’re working on something that’s vital to the business.
Learning to set priorities also is a proven time-management tool. However,
this doesn’t mean simply drawing up “to do” lists,
which Taylor views as often exercises in futility. “Unless you
actually put the activity on your schedule and set a deadline for completing
it, it’s probably not going to get done,” he says.
Of course, none of this is going to do you a bit of good unless you
stick with the program. “Follow-through and consistency is the
only way to change behavioral patterns,” says Panella. “Real
change is going to take some work. This is not a change you can make
overnight. There is no miracle or little exercise that you can do and—lo
and behold—you’ve suddenly got all the time you need.”
Carefully
Define Work
Another personal-productivity guru, David Allen, author of the best-seller
Getting Things Done—The Art of Stress-Free Productivity (Penguin
Books, 2001), proposes that business owners carefully define their work,
breaking down each project into its essential tasks. “Many actions
require only a minute or two to move a project forward,” he says.
“It’s radical common sense.”
Peter Levitt, co-owner
of Saul’s, a busy Berkeley, Calif., restaurant and delicatessen,
follows that approach to a T. “Every employee’s job has
a checklist that defines each task,” he explains. “The idea
is, you’ve already invented the wheel, so write it down. That
way, you get better and better at each task.” Eventually, Levitt
says, “You find you can do things faster, which frees up time
to do other non-routine tasks.”
Allen also recommends maintaining a vision of what’s important
in your life and in business. “For entrepreneurs, the biggest
challenge is keeping a vision or perspective and not losing it on the
details,” he says. “The problem is that most people make
decisions on what to do at a particular time based on what I call ‘the
latest and loudest.’”
Getting in the way of the best-planned schedule are the inevitable time-chewing
gremlins that nibble away, minute by minute, at your limited time. “Entrepreneurs
are in a particularly tight squeeze because they must wear all these
different hats—CEO, sales, HR, PR, operations, finance—you
name it,” Allen says. “These people may have 30 different
projects they’re committed to.”
In a twist, Marilyn Rinzler, owner of Poulet, a restaurant and catering
business in Berkeley, says her workers are so well-trained and efficient
that she tackles the daily interruptions herself to keep the others
from getting sidetracked. “My people are efficient, and to allow
them to be efficient, I do all the stuff that’s inefficient,”
she says.
Don’t
Ignore the Basics
Despite the success of the newer approaches to getting more done, some
experts still adhere to management basics. “The biggest thing
is hiring the right people to fit your business,” says Dennis
Hoppe, who operates a consulting firm, Change Management Implementation
(www.dhoppe.com) in Rochester, N.Y.
He believes that hiring the right people can save time, hassles and
interruptions down the road. “When you’re hiring someone,”
he says, “the only thing that really counts is his or her chemistry
and the passion he or she has to get into that line of work.”
|
"My peole are
efficient, and to allow them to be efficient, I do all the stuff
that's inefficient"
-Mailyn Rinzler, owner of Poulet, Berkeley, Calif. |
“The key is
having good, competent staff to depend on,” says John Harrington,
owner of Standard Printing Co., Ypsilanti, Mich. “Training
your people well, so they can pick up a lot of the stuff that eats up
your time, is critical to getting more done.”
Hoppe counsels small-business clients to be clear about what is expected
when delegating. “You have to let people know exactly what’s
expected and then follow up with them on key checkpoints along the way.
Unfortunately, too many small-business owners, who typically have done
it all themselves, automatically assume that everyone can do it all—and
that’s just not true.”
Herb Bivins, a co-owner with two other bibliophiles of Black
Oak Books, a trio of bookstores in the San Francisco Bay area,
is a big proponent of careful hiring, training and delegating. “If
you choose the right person for the job and train him or her to do it
right, it saves you time,” he says. “I’ve tried it
the other way—assuming a person knew how to do everything—and
believe me, it doesn’t work. You have to show him or her how to
do it right.”
More recently, after managing the opening of a new Black Oak Books in
San Francisco, Bivins turned the operation over to an employee. “If
you hire people who can think for themselves, and train them well, then
they can do it—they can run the store.”
Software
Can Help
Some business owners find software to be a helpful time-saver. Richard
G. Myers, president of Small Business Consultants (www.small-business-consultants.net)
in Houston, trains his clients to use PC-based contact-management software
such as ACT!, a leading program for small-business owners. It helps
you keep track of business contacts, conversations and other correspondence.
When an action or task is due for a particular project, the program
can beep as a reminder.
“This software doesn’t manage your time,” Myers admits.
“No software is going to give you 30 hours in the day. But the
technology can cut down on the floundering around—searching for
names, telephone numbers and files—which often eats into your
time.”
| HIGH
TECH HELP Time-management software that
won’t waste your time. |
For
those who need help organizing their day, the software industry
has jumped into the fray. Most programs offer a free trial before
requiring users to pay a license fee.
Some of our favorites:
Small Business Tracker Deluxe comes with several
modules for running a business. These include Activity &
Expense Tracker, for monitoring projects and tasks and
their related expenses; Schedule Tracker, for keeping
tabs on appointments and all daily, weekly and monthly schedules;
and Task Tracker, for generating to-do lists. Published
by SpiritWorks Software Development, the package has a 10-day free
trial. After that, you can get it for $129 (info@productivity-software.com).
Other time-management programs include GoalPro 5.0,
a goal-setting and time-management package from Success Studios
Corporation. Consider a 30-day free trial (www.goalpro.com). Also,
check out Time Maximizer—designed for the
Palm and other PDA handheld devices—which helps you get a
grip on how you spend your time ($14.95, 21-day free tryout).
If you want to conduct your own search, go online. You’ll
find
a universe of software by typing in (you guessed it) time-
management software. —D.B. |
In truth, though,
it’s the rare small-business owner whose day fits a neat plan.
The unknown and unexpected—combined with the unpredictable ebb
and flow of the business—often dictate your activities. “My
day is more go with the flow,” says Bivins on a recent evening
at Black Oak’s flagship store in Berkeley. “It’s determined
by how many people come in that front door. Today I’m doing the
buying [of used books]. I’ve been buying almost continuously since
10 this morning.”
That’s why printer Harrington actually builds in time for handling
the unexpected. “When I walk in here each day, there are things
I know I have to do. But I also leave some time for fires that flare
up that I will have to deal with on the spot.”
Embracing
the Unexpected
In fact, some small-business owners relish the feeling of having unregimented
days. For them, the uncertainty breathes fresh challenges into their
business. It also keeps them on their toes and at a high energy level
that makes work fun.
“My thinking time comes when my cat gets me up at 4:30 in the
morning,” says David Brown, who, with his wife, runs David
L. Brown Photography in Atlantic Highlands, N.J. “That’s
when I lie in bed and do all the planning and daydreaming—figuring
out what I can do that day,” says Brown, who offers his framed
photos and posters in galleries and at crafts shows on the Jersey shore.
For some, being efficient and getting more work done in less time—extending
the workday—isn’t what it’s all about, anyway. After
all, many small businesses are successful partly because they’re,
well, small. As 24-year veteran restaurateur Rinzler puts it, “Even
though I complain about being inefficient, efficiency is not my goal.”
Before Rinzler can finish her thought, a customer approaches. “Thank
you for this place,” she says. “I love it.” The customer
turns and walks away, smiling broadly.
“We’re efficiently run,” says Rinzler, clearly elated
at the spontaneous compliment. “All the food we make is different.
That’s part of what I like about Poulet. I don’t want it
to be McDonald’s.”
In that spirit, Taylor reminds us that even the most efficient of us
never get everything done on schedule—no matter how well we master
time management. “Most of us will go to our graves leaving behind
a 12-foot-long to-do list and hundreds of unanswered emails,”
he says. His final word of advice, extracted from the ancient wisdom
of the Zen masters: “Don’t sweat the small stuff.”