1/11/2019

How to Become a Successful Entrepreneur in the New Year

Now that the new year has arrived, it is more important than ever for entrepreneurs to have a plan for their business. If you are a business owner, you are probably looking for ways to become even more efficient and effective in 2019. The key to productivity is to reduce stress while making it easier for you to accomplish the tasks that matter. Here are some ways you can cut stress out of your life and achieve your goals as you move into the new year.

Eliminate Distractions by Designing a Home Office

If you are going to make a point to reduce stress, you need to have a place to work that will allow you to make the most of your time while separating yourself from potential stressors like clutter, noise, and interruptions. That is why one of the best things you can do for your business is to design a home office. Keeping your office at home will allow you to reduce the overhead costs of running your business while giving you a space you can design according to your own needs. Be sure to remove distractions, such as televisions and gaming systems, from your office, and invest in necessities like a high-quality internet connection.

Stay Organized with Business Apps/Services

Many entrepreneurs also experience stress as a result of a lack of time or a clear schedule. If you typically find yourself pressed for time, you may want to revamp the way you keep your schedule. Most online scheduling apps help you keep track of all your daily tasks by color coding them by location or urgency. You can also use them to set alarms to make sure you have enough time to make it to your next appointment with time to spare. Online calendars make it easy to manage your time without overloading your schedule.

Finally, you may also want to research apps that allow you to sync your notes, documents, and files across your devices. Cloud syncing apps ensure that you can always access any information you need, regardless of your current device. You can go even further and use online services to automate the intricacies of your business. For example, Davinci provides services such as live web chat and live receptionist to help you filter interactions from potential clients, and even use co-working products that can help entrepreneurs work together on projects.  

Keep a Detailed Log of Expenditures

While it is important to keep track of your work commitments, it is equally critical for you to stay fully aware of your finances. Keep a detailed log of the money you spend for your business, as well as the miles you drive every day. Each month, compile the information into the appropriate subgroups, such as office supplies and automotive repairs. Staying up to date on your expenditures will make your annual taxes easier and allow you to make better judgments.

Hire an Assistant

Finally, you may be able to further reduce your workload by hiring help. Depending on the size of your business, a personal assistant can take care of the standard daily tasks of your business, freeing you up to put your focus on the larger projects that require your expertise. Take your time when interviewing potential new hires, as you will need to find someone who is not only trustworthy but who understands the mission and the goals of your business.  

It requires a great deal of focus and determination to run your own business. By reducing stress, staying organized, and hiring additional help if you need it, you can make it much easier for you to accomplish your goals in the new year.

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