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Increasing Productivity & Resources for Entrepreneurs

1. Team Building-Build your virtual support team Have you ever heard of the 80/20 rule? In business, 20% of your business activities yield 80% of the results. You need to determine which tasks are in your top 20%, and eliminate and/or delegate the rest as a means of increasing productivity and experiencing better time management. Unfortunately, many small businesses fail or don't grow to the next level because they don't take advantage of small business resources like team building . An excellent way to get started is to work with a Virtual Assistant.

2. Cultivate marketing relationships Recruiting affiliates is one of the resources for entrepreneurs to increasing productivity and better time management. Affiliates spend their time promoting your products or services in exchange for a commission on the sale. In addition, find other entrepreneurs with complementary businesses and collaborate on services or developing new products. You get more breakthroughs and unique perspectives when you are not working on business development alone.

3. Leverage systems Any business can be broken down into two parts: Vision (what do you want) & Systems (how will you get it). Entrepreneurs are usually challenged by the "How will you get it" part and skip this crucial step. Increasing productivity by systemizing your business is one of the critical resources for entrepreneurs. Systems will save you time, reduce errors, simplify tasks, enhance communication, keep you organized and help remember important things to get done.

4. Use the Law of Attraction Learn how to create, intentionally and effortlessly, a joyful life, unlimited happiness, love, health and prosperity. You can apply this Law to attract more of what want in your business and less of what you do not want.

5. Hire a Business Coach or Productivity Expert A business coach or increasing productivity expert are tremendous resources for entrepreneurs. These professionals will help you make things happen, develop steps to help you reach your goals, and provide you with the necessary support and structure you need to utilize better time management and realize your business goals.

6. Business Strategic Planning Increasing productivity means becoming an expert at business strategic planning. Big businesses making mistakes can usually survive. But, the small business has little room for error. Conversely, when opportunities arise you will be able to take action and be proactive, instead of reactive, because you have a strategic plan.

Better Time Management You may have discovered many resources for entrepreneurs and several ways of increasing productivity, but unless you know the key to better time management, you will not achieve the level of success you desire. You only have so many hours in a day; so, focus on specific areas consuming your time:

7. Know your high revenue generating activities These activities provide valuable payoff in the long run. They are based on your priorities, values and goals, and are the activities you love doing and do best. In turn, the tasks create immense value for your clients.

8. Manage the unexpected Unexpected or unwanted events occur that demand your time and energy. Practicing better time management means taking care of disruptions by scheduling time in your day for the unexpected. Give yourself a window of opportunity to face ‘surprise' issues, and be open-minded about accepting support when needed.

9. Ruthless time management Practicing better time management means being ruthless with what you spend your time on and how you spend it. You need to set boundaries; identify the time wasters throughout your workday; schedule blocks of time to work on tasks; make and keep appointments; only do the tasks directly related to your small business goals and spend your time only on what you love and do best.

Ultimately, your goal should be to create work-life balance to ensure you are spending your time and efforts increasing productivity in a way so that you can take time off to rejuvenate and recharge your batteries without compromising your success. Creating a calendar of your ideal workweek is an excellent way to do this.

10. Slow down to move ahead faster Take the time needed, by slowing down, to evaluate your options and create a plan for your business goals and lifestyle. Then, design your business accordingly. Not only will this result in increasing productivity, but it is the epitome of better time management.

Now you know how to use small business resources, for increasing productivity, and key aspects of better time management. I guarantee that if you put this information into practice, you will work smarter, not harder and achieve greater success!

Copyright 2009, Michele Hanson-O'Reggio. All rights reserved.