Your head is in your hands as your elbows slam down on the desk in front of you. The financial statements, messages, and market research are all there in paperwork ready to be read. You have poured over them for the past 6 hours and it is getting painstakingly irritating.
What do you do now? Do you keep pushing forward? Isn’t that what you were taught as a youngster who wanted to make it big? Just keep pushing and work harder to become the best?
All of those sayings are a waste. Let’s see why that is.
Overloading on information is one of the simplest errors an online business owner makes in their life. You start cramming as much as you can because that is what you were taught to do.
Just step back and think about what you used to do as a student. You would cram as much of the information on the last day before the test and hope to do well. How often would you actually remember what you had memorized in those last few hours? Zilch.
You remember absolutely nothing. The same applies here because when you are reading for the sake of reading, you are doing nothing except wasting time. It would probably be smarter to go take a nap, at least, that way you would be getting a bit of rest!
So, what should an online business owner do when they have to read through all of this information?
Learn Only What You Need
What do you actually need to know? Do you need to know everything in that financial statement sitting in front of you or are specific numbers enough? Keep those statements for reference, don’t just memorize them for the sake of it.
The market research you have is never going to be important barring a few key points such as your competition, target market, and a few other related details. If you get these factors down, you should be good for a while.
Just learn what you need to know and then keep the rest for later. There is no need to be the ‘smartest’ person in the room all the time. You just need to be the clever one who maximizes what is given to them.
Find Key Resources
If you have specific resources (online or offline) that can be used, don’t be afraid to take them out and keep them in hand. You could need them at any point and it would be far better to just read through them as you go rather than memorizing word for word.
These resources will be your helping hands when you are running that online business. They will guide you. Don’t take it all onto your own shoulders when there is no need.
Set Goals
If a business could be ready to go in a day everyone would be doing it. Running an online business is not easy and you will have to work in stages. You might love to have everything done in a day, but that won’t happen so don’t even try.
You need a few short-term goals that you can keep working towards. Once you hit those goals, you can create new ones.
Do this and slowly you will have built an empire.
You don’t need to be a person who just memorizes everything in sight and then forgets it the moment the books are put away. This is the digital age and you are running an online business for crying out loud, so learn to use those online resources!
Overloading on information is useless. It does nothing for you and it might impress a few people here and there when you show off but barring that, you are going to lose out.
The purpose of this article is to demonstrate the vibrancy of optimizing your time while running a business. If you make simple mistakes such as this, how will you ever grow the business?
Figure this out first and the rest will fall right into your lap.
- Written by: BuzzenDigital
- Posted on: January 17, 2020
- Tags: Online Business, Small Business Owner, Time Management