The Importance of Organization for Entrepreneurs
There are many elements that come into play when discussing all of the elements necessary to being successful as an entrepreneur. One of the most essential of these that can universally be applied to different paths in this career field is organizational skills. Although the experience of starting a business is often rewarding, it is not one that comes without challenges. Being able to successfully run a business comes with making sure to know how to effectively manage all of its moving parts whether it be finances to keeping track of important information.
One easy way of improving your organizational skills is through scheduling. According to a census done by Timewatch® this year, 48% of the people that were surveyed said that they used a to-do list to help them better manage their time. People can often find themselves overestimating their own ability to go by what’s in their head when it comes to managing and remembering tasks. This can frequently come from the things to do in question being simple in isolation.
However when there are a multitude of things that need to be done, it can become overwhelming. The little things pile up and not keeping track of them is running the risk of something not being achieved on time. To use an example specific to entrepreneurship, having multiple a lot of things to accomplish means that forgetting one of them could result in missing an important deadline or meeting with an important figure that could potentially help you expand.
This is a problem that can easily be rectified by having a schedule. Writing important dates down and setting periodic reminders for yourself is a great way of effectively managing your time and the best part about it is that there’s no incorrect way to do it. There are many different options with what people use to organize whether it be a planner or electronic calendar. It’s all unique to the individual and you are the best person to decide what works best for you.
Knowing how to prioritize is also important. Having all the information on dates can help gauge the importance of a task or event at the current time and decide which ones should be completed first. When running a business, this is a strong indicator of productivity and making sure no aspect of it is behind schedule. It also reveals the importance of clear communication when it comes to assigning tasks to other people that you may be working with.
While many of these are tips and tricks that can be applied to other areas of people’s academic and professional lives, I believe that they are especially beneficial for aspiring entrepreneurs. It allows them to hold themselves accountable for how effective they are at achieving the goals of their business, while also being a great way of making sure those goals are done in the most effective (and least stressful) way possible.
By Charlie Adams
Marketing and Advertising Manager of Target Evolution
Undergraduate Student at the University of Houston