Jeff-Lee Dana Shares About How to Get Started With Proper Time Management
When would the time spent by an employee become costly and non-worthy? Business consultant and time management expert, Jeff Lee-Dana, explains that there are non-value added and value-added activities in every company – and that reckons its true value, which means every business owner needs to manage their time wisely if they want to achieve long term success.
- How did Jeff go about changing his mindset, overcoming the introvert way of thinking?
- What steps did he take in establishing his business?
- What was the very first advice he would give a business owner who is struggling with time management?
- Once the value of the company has been identified, what is the next step?
- Is there any one big step business owners need to take in order to manage their time?
Highlights of the Lessons Learned:
How To Get Started With Proper Time Management
- Determine the value of your company.
How? By simply getting to know your business: the all ins and outs, what is the heart and soul or the driving force in your company, other than revenue.
- Classify the Value-Added and Non-value Added activities.
The business owner needs to be aware and needs to identify how much time is truly wasted.
Note: Value-Added Activities are anything that you do that ENHANCES THE VALUE, or contributes to that value; while Non-Value Added Activities are the ones like managers, quality assurance, etc..
- Trust the team around you.
To offload these non-value added activities (tasks), you need to trust other people. Other people can learn as well and satisfy the job.
- Setting Goals.
This should be attainable and actionable.
Business Perspectives &Tips
- Unknowingly, most people are spending a lot of time in non-value added activities.
- In order to prevent such, business owners must be able to identify these non-valued activities and should be delegated to the team accordingly, and/or to the right person.
- Outsourcing services would be the best-fit solution.
- One thing we don’t realize is ‘we can choose our attitude.’
- Changing the mindset of business owners to a positive stance is only possible through “changing the attitude.”
- According to Jeff, the biggest roadblock he had was “himself.” He was once pre-occupied with negative thoughts about engaging with people, which kept him from moving forward.
- Seeking assistance from other mentors and coaches is the way to overcome whatever roadblock that may come in the way.