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5 Time Management Tips For Lazy Entrepreneurs

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Admit it, building a business is tough.

You have a million different things to do, and you must prioritize from a list as long as the Nile.

It drives you nutty sometimes, right? You complete one task and 10 more pop up.

You question your decision to take the entrepreneurial route to save you from the nine-to-five grind, especially now that you’re working twelve-hour days with no end in sight.

So you do the only thing you know how to do. You knuckle down and work even longer hours, clinging to the hope that suddenly everything will become easier.

Yet, you know that won’t work either. Fortunately, the solution to your entrepreneurial woes is more simple than you think — become a lazier entrepreneur.

Why the most successful entrepreneurs are the laziest

Society has always frowned upon laziness, but I have always seen it as a talent. The laziest people are normally the most driven and successful.

Think about it for a second, lazy people want to spend the least amount of time on any given job so they can have fun.

Which of the following scenarios represents less time expended?

  1. A client emails you asking for an invoice, but you put it off. You take one minute to read it. You spend five minutes pondering a reply over dinner, and you re-read the email before replying the next day.
  1. You read the email and send a reply instantly.

 

Ironically, which option represents less effort for a lazy entrepreneur? Which option allows you to grab drinks with your friends or watch a movie with your family without worrying about work?

So it’s time you became a lazy entrepreneur.

It’s time you worked less and became more efficient, and, most importantly, its time you gained the freedom that inspired you to begin entrepreneurship in the first place.

“Progress isn’t made by early risers. It’s made by lazy men trying to find easier ways to do something.” – Robert A. Heinlein

5 Ways to work less and do more

Time management is a skill, but you’ll only use it if you have a good reason to. It’s extremely easy to fall back into working long hours, especially when entrepreneurs seem to compete for the most hours worked.

Efficiency and results should be your only aim, not the length of time worked.

So before you jump headfirst into testing these tips, make sure you’re ready to smash your efficiency levels and work less.

It’s pointless if you don’t actually want to work fewer hours. If you get an ego boost by gloating about that 80-hour week, stop reading now.

But if you’re like me and want the freedom, wealth, and happiness you deserve, beat your ego with the following tips.

 

1. Cut work that doesn’t truly matter

This is one of the hardest things to do, but analyze how you spend your time and what results you actually want from that time.

80% of your wealth will come from 20% of your work, so cut wastage. Only focus on work that brings in the money you desire.

To do that, you must understand what your goals are.

As a founder, are you looking to increase gross profit, net profit, or spare time?

When you’ve chosen your goal, you must track and understand where you stand right now.

Which clients are your most profitable and easiest to work with? Once you’ve figured this out, ruthlessly cut the other clients that eat up your time and profit.

“Nothing is less productive than to make more efficient what should not be done at all.” – Peter Drucker 

2. Do everything last minute

Let’s imagine you have to write a press release, and you only have one hour to write it.

I bet you would complete it on time.

I also bet that if you had twenty hours to complete it, you’d end up taking twenty hours.

You would spend your time collecting useless facts that you wouldn’t even use, and you’d write and rewrite until you reached perfection.

This phenomenon is based on the Parkinson’s Law where “work expands so as to fill the time available for its completion.

So force yourself to do work at the last minute, and set a time limit to make sure you get it finished and don’t run over.

 

3. Train yourself like you would train a puppy

Do you know that every time you stop halfway through your work to grab a coffee or similar distraction, you are training your body to have bad habits?

Such actions are analogous to training your dog to sit, yet giving him a treat when he plays dead instead.

So if you want to keep your mind focused, you must train yourself like a puppy.

When you finish your work, you get a treat.

This will teach you to work harder and stay focused longer so you can get a break and grab that coffee.

Sounds a bit weird, but it works.

 

4. Stop wasting energy on pointless tasks

I woke up one morning, grabbed breakfast, and then picked up my phone and read two articles about a new live streaming app.

This led to me downloading the app and playing with it a bit.

Before I knew it, one hour had disappeared.

Has this happened to you?

I bet it has, so to avoid such pitfalls, you must have one aim only.

Seriously, only one aim!

It could be building your email list or designing your logo, but create one thing to focus on.

This gives you a reference point you can refer to when considering and doing other activities throughout the day.

You are an entrepreneur; your job is to succeed. So next time you pick up that new article, app, or social network, ask yourself, “How will this help me reach my dream? How will it help me reach freedom?”

Chinese-Proverb-Picture-Quote
 

5. Skip your meetings

That’s right, I said it.

Meetings are a waste of time and energy. Stop lying to yourself.

Do you truly need to go to the next meeting you’ve got arranged?

Would emailing the information be more effective?

Even better, could you use team collaboration software like Basecamp and just cut out all meetings?

Most meetings are just distractions and excuses not to get the critical work done.

So rethink your meetings.

Will they add to your productivity and efficiency or take away from them?

 

Its your turn

You started your company to build freedom in your life.

You built your website, brought your first client on board, and made that first dollar for one thing.

Freedom!

So stop working long, grueling hours, and start working smarter.

Start being lazy and efficient, and start using your time only on the things that matter to you and your goals.

This is your opportunity to radically transform the way you work.

Start living the type of happy, fulfilling life you truly desire.

 

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How to Build Your Dream Tech Startup Team

Are you starting a startup business? Look to build a tech team for your “newborn organization,” and check out this article for useful tips.

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Image Credit: Midjourney

Building a tech startup in today’s competitive market is a daunting task. While an innovative software business idea is considered a great foundation for success, it is not a guarantee. Instead, how you build your tech startup team plays a crucial role in determining the ultimate success of a venture. (more…)

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15 Business Lessons From Napoleon’s Playbook

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Business Lessons and strategies from Napoleon Bonaparte for Entrepreneurs and CEO's
Image Credit | Joel Brown

Unleash your business potential by harnessing Napoleon’s strategic genius.

From dreaming big and thinking bold to moving fast and staying agile, these time-tested tactics are your blueprint for success.

Learn how creative leadership, detailed planning, and relentless execution can transform your business landscape. Boost morale, lead with clarity, and embrace hard work to conquer your industry.

Don’t just survive—thrive with the power of Napoleon’s lessons.

Here are 15 Powerful Lessons You Can Learn From Napoleon Bonaparte

 

1. Dream Big, Think Bold

Napoleon wasn’t just playing small; he believed that “Imagination rules the world.” In the business world, boldness and creativity are game-changers. Don’t just aim to fit in—push boundaries and set ambitious goals that make you stand out.

Think of Steve Jobs, who didn’t just want to make computers; he wanted to revolutionize entire industries. Your vision should be so grand it almost feels unreachable. When you dream big, you inspire those around you to believe in the impossible and work together to achieve extraordinary outcomes.

2. Move Fast, Stay Agile

Napoleon’s quick and secretive moves gave him an edge. In business, you gotta be nimble. Adapt quickly, move fast, and you’ll often find yourself ahead of the game, capturing opportunities your competitors miss.

Companies like Amazon and Tesla thrive because they constantly innovate and pivot when needed. Speed is your friend; it allows you to react to market changes and customer demands faster than the competition, ensuring you remain relevant and ahead of the curve.

3. Creative Leadership

Napoleon thrived on chaos and wasn’t afraid to switch things up. Unlike rigid leaders, he was flexible and adaptive. In business, embrace change and let chaos work for you. Being adaptable can turn unpredictable situations into opportunities.

Think of how Netflix transitioned from DVD rentals to a streaming giant. Flexibility and creativity in leadership allow you to navigate through turmoil and emerge stronger, transforming challenges into stepping stones.

 

4. Organize Like a Pro

Napoleon’s mind was like a supercomputer, processing vast amounts of info to make smart moves. Businesses should do the same—stay organized, use real-time data, and adapt strategies based on fresh insights to keep that competitive edge.

Utilize modern tools like CRM systems, analytics software, and AI to manage information efficiently. Staying organized and informed means you can make better decisions, foresee potential issues, and react promptly.

 

5. Keep It Simple

Napoleon knew the power of simplicity. Overcomplicating things can bog you down. In business, streamline processes and focus on what truly matters to hit your goals efficiently.

Apple’s product design philosophy under Jobs was about simplicity and user-friendliness.When you remove unnecessary complexity, you reduce errors, speed up processes, and make it easier for your team to focus on what’s important, driving efficiency and effectiveness.

 

6. Execute Relentlessly

Once Napoleon decided on a course of action, he went all in. In business, once you pick a direction, pursue it with full commitment. Execution is where success is truly made.

Look at how Elon Musk commits to his vision for SpaceX and Tesla. Relentless execution means overcoming obstacles, staying focused on your goals, and not getting distracted by setbacks. It’s the determination and persistence in execution that ultimately leads to triumph.

 

7. Play to Your Strengths

Napoleon only fought battles he knew he could win. In business, focus on your strengths and avoid head-to-head fights in areas where you’re weak. Know your advantages and leverage them.

Microsoft leverages its strength in software development and cloud services rather than trying to compete directly in hardware. Understanding and maximizing your strengths ensures you play a game you can win, using your unique capabilities to outshine competitors.

 

8. Plan in Detail

Napoleon planned for every possible scenario. Businesses should do the same—conduct thorough planning and prepare for various outcomes.

Detailed planning helps you stay ready for anything. Scenario planning and SWOT analysis are tools that can help you foresee different futures and prepare accordingly. When you’re prepared for multiple scenarios, you can adapt smoothly and continue to drive forward, no matter what challenges arise.

 

9. Seize Opportunities

Napoleon saw luck as the ability to capitalize on accidents. In business, be prepared and ready to grab unexpected opportunities. Agility is key.

Companies like Uber and Airbnb seized gaps in the market by being ready to pounce on opportunities when they arose. Always be on the lookout for opportunities, and when they come, don’t hesitate. Preparation and readiness to act quickly can turn unexpected moments into major breakthroughs.

 

10. Learn from the Past

Napoleon studied the greats who came before him. Entrepreneurs should always be learning from the successes and failures of others. History is full of lessons waiting to be applied.

Warren Buffett is famous for studying businesses and market histories. By learning from the past, you can avoid repeating mistakes, understand what works, and build on proven strategies. Continuous learning from history helps refine your strategies and improve decision-making.

 

11. Boost Morale

Napoleon knew how to keep his troops motivated. Business leaders should do the same—keep your team inspired and engaged. High morale leads to high productivity.

Companies like Google and Salesforce invest heavily in employee well-being and motivation. When your team feels valued and motivated, they are more productive, innovative, and loyal. High morale fosters a positive work environment where people are excited to contribute and excel.

 

12. Lead with Clarity

Napoleon believed in the power of a strong, decisive leader. In business, clear direction and strong leadership are crucial. Ensure everyone knows the plan and follows it.

Leaders like Jeff Bezos provide a clear vision and direction, ensuring their teams know what they’re working towards. Clear, decisive leadership aligns your team, fosters trust, and drives coordinated efforts towards achieving your business goals.

 

13. Reflect on Failures

Napoleon analyzed both his wins and losses. Businesses should review their successes and failures to keep improving. Learn from mistakes to avoid repeating them.

Ray Dalio of Bridgewater Associates emphasizes the importance of learning from failure in his book Principles. By conducting post-mortems, you can understand what went wrong, make necessary adjustments, and continuously refine your strategies to avoid future pitfalls and drive success.

 

14. Action-Oriented

Napoleon was all about turning thoughts into actions. In business, decisiveness and execution are vital. Don’t just plan—act on those plans with energy and determination.

Entrepreneurs like Richard Branson embody this principle by constantly moving from ideas to actions. Action orientation ensures that you don’t get stuck in analysis paralysis but instead drive forward, making things happen and turning visions into reality.

 

15. Embrace Hard Work

Napoleon lived and breathed work, saying, “Work is my element; I am born and built for work.”

In business, a strong work ethic and relentless dedication are key to success. Think of how Howard Schultz rebuilt Starbucks through sheer hard work and determination. Embracing hard work means being willing to put in the necessary effort, staying dedicated to your mission, and continuously pushing towards your goals, no matter the challenges.

 

By implementing these lessons from Napoleon, businesses can sharpen their strategies, strengthen leadership, and execute with precision, driving sustained success.

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How to Manage Your Startup’s Finances More Efficiently

No matter how groundbreaking your product or service, your startup could quickly be on shaky ground without proper financial management

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managing your startups finances

Running a triumphant startup requires juggling numerous responsibilities. From managing operations and coordinating with team members to developing innovative marketing strategies and nurturing relationships with clients, the to-do list seems endless. (more…)

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5 Strategic Power Moves to Successfully Build Your Empire

Transitioning from idea to empire is a journey of strategic planning, execution, and constant evolution

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how to build your empire

The journey from a fledgling idea to a thriving empire is both exhilarating and daunting. The Startup Launchpad is not just a process but also a strategic framework that enables visionary entrepreneurs to become market leaders. This framework comprises five power moves, each a critical steppingstone in building a successful business.

These moves—Ideation, Business Plan, Online Presence, Strategic Marketing, and Launch and Growth—are the blueprint for turning aspirations into achievements. (more…)

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