Prioritization

The Entrepreneurial Dilemma – Prioritization

by necoaching necoaching No Comments

For most people starting out in business, there are so many facets to consider. Clichés like “It’s more important to work on the business rather than in the Business” or “If you fail to plan, you plan to fail” are very often heard but not acted upon. Typically the reason for this is lack of time. However it might be more correctly suggested that it’s not time that is the issue but lack of priorities.

So what are a few key tips to consider when running your small business?

1. Plan – many consider this painful primarily because they do not know how to do it or simply see it as unnecessary. This process can be as simple as you want to make it and some of the fundamentals involved are:

  • Identify your time based goals (typically monthly and annually).
  • List the activities associated with achieving those goals.
  • Create a monthly scorecard to track performance to those goals.
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