FM Walsh & Associates Inc.

Are You Busy or Productive?

I have come to realize that time management can make or break the success of a business. When is busy being productive? The trap I see for entrepreneurs is that productivity creates administrative busyness. It is easy to fill time by looking after the administrative duties of a business; that’s why many hard working people watch as their incomes drop.

A simple approach to evaluating the productivity of your work is to list your business related activities over the period of a week. If administrative tasks take up more than 20% of your time, these should be delegated to an assistant. The value of your hired help can be calculated by figuring your own hourly wage when you do only what is productive. Look at where your time is most valuable and aim to delegate out all the other daily tasks that just need to get done.  Don’t get busy, get productive.