3 Essential Time Management Strategies for Aspiring Fortune 500 Leaders

February 22, 2024

You may not be building the next Amazon or Microsoft of the world, but sometimes it feels like it. Time is the limiting factor in all of our lives. I know how it feels to want to grow your business. We are in the same boat. Life does not always make it easy. As much as we love our business and all of the time we spend on it. We also love our family, friends, and hobbies. It is easy to lose balance and focus in our whole life when we spend so much time on the business. This is why being INTENTIONAL with your time is key to maintaining a balance.

If you are like me you might not even be upset how much time you spend working on the business, but what does bother me is when I forget to maintain focus on the bigger picture of life. I love those other things more than my business. We can’t let the business take over our lives. That’s tough. So how do I and others we work with maintain that balance. Let’s jump into it, because there are simple tips, tricks, and adjustments you can make to ensure life moves forward on your terms.

First things first, there will always be things we can work on. Similar to the honey-do-list at home, the list of projects I keep for the business will never be completed. We are constantly adding to the list. REALIZE THAT THIS IS A FACT. The list is meant to keep the business growing. If you have nothing on the list you probably have lost interest in what you have built and that isn’t a good sign (And a whole other topic).

Now that you have consciously acknowledged the fact that the goal is not to complete everything outstanding on your to-do-list for the business; you must take the next step to prioritize the list. Set realistic dates and objectives. Not everything on my list has the same priority, in-fact there are items on my list that are pie-in-the-sky ideas. As we collaborate and work on our business we are constantly strategizing and coming up with new ideas. It’s great to write them all down, even if later on you decide they are not the right fit.

The third key is to simplify. Every day when you wake up, set your tasks to accomplish for the day. It can be as simple as getting through the mandatory things you need to do on a daily basis. Especially on the days that you know are going to be busy. And it’s okay to end a day just having accomplished working “in” the business versus working “on” the business. 

TLDR;

  1. I love lists! Make lists about everything. It helps to stay organized.
  2. Prioritize the list. When I wake up in the morning I look at my calendar to prioritize activities and determine when I am done working for the day. AND DON’T GO PAST IT! 
  3. Simplify your tasks right away in the morning. 
  4. (BONUS) Lean on your team. Delegation is a wonderful thing. Ask for ideas. Collaborate. Let them know when you will be able to set time aside for them to work together.