How to Save Time Running a Startup Business

August 7, 2022

How to Save Time Running a Startup Business

Startup businesses move fast, and there aren’t enough hours in a day to complete everything, which means every second counts. If you don’t learn fast, you will find yourself bombarded with relentless tasks without scope for improving your time management or problem-solving. Fortunately, you don’t need to let your startup push you to the point of burnout - we’ve got you covered below with plenty of time-saving tips.

Wave Multitasking Goodbye

Once upon a time, the key to being productive was multitasking. However, this has been proven a falsehood by Professor Clifford Nass, who shows that multitasking reduces focus. Therefore, you should focus on prioritisation by organising tasks and concentrating on one thing at a time.

Utilise Automation Tools

We live in 2022, meaning technology has an answer for anything. There are many time-consuming jobs that can be automated using various online tools. However, you need to weigh up the time investment and act smart. For example, you can automate office blinds, but does it mean you should? When a person does this manually, they can check for signs of damage in the process. On the other hand, automated blinds mean just waiting for problems to take place. If automation won’t bring you a return on investment, don't bother with it.

Outsource Processes

You may feel like operating a startup means taking care of everything yourself, but this isn’t the case. For example, if you operate in the tech space, the chances are you’re not an expert in HR. Therefore, to get the work completed efficiently, you can outsource responsibility to a team of professionals, like those at Syndeo - click here to find out more.

Learn to Say No

Everyone will demand your time when running a startup, and it’s okay to say no from time to time. You don’t owe anything to anyone else, whether that be for networking, holding meetings, or taking on new opportunities. You need to do what’s right for your business during the startup phase and that typically involves putting all energy into your business.

Aim for a Good Product

Whenever you release products in a startup, there will always be improvements to be made because you’ll never be satisfied. Therefore, instead of aiming to create a 100% perfect product, aim for around 80%. Without receiving feedback from users, you will always have an unfinished product. Set your product free and work on improvements as you evolve and grow - it’s the reason software receives patches.

Cathartic Documentation

Cathartic Documentation is a term invented by Stacy La, design director of Clover Health. During the startup phase of their company, they noticed too much knowledge was being held instead of shared. Therefore, they started documenting everything they could think of. Dumping the knowledge felt cathartic because it was no longer taking up room in their brains. By doing this, you can create a series of playbooks for your team, which means you won’t be answering pointless questions.

Startup businesses move fast and squeezing all tasks in can be challenging. The information outlined above will help put you in the right direction. 

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