Business Improvement and Social media

Successful entrepreneurs have a lot of things in common; one is knowing how to make the best use of their time. When the clock is ticking and they are under pressure to deliver, many have a favourite productivity hack to ensure things get done on time. Here, seven entrepreneurs share their tried and tested ways of being more productive.

Create artificial deadlines

Business expert and author of The Startup Coach Carl Reader uses a clever technique of creating artificial deadlines to guarantee a productive finish.

“One of my favourite tricks is the ‘train journey to nowhere,” he said. “I book a return train ticket, don't take my mobile phone, and set a completion target for the journey. With a clear deadline and no distractions, I find that I often produce more than I would in the office in a whole day. It's great if you can tie this around meetings that you need to travel to, but if not, the productivity boost is well worth the cost of a train ticket.”

A new book says focusing intensely without distractions on a cognitively demanding task leads to peak productivity.

One of the keys to any successful business, regardless of its size, is innovation. Developing new ideas is the fuel which will keep your business up to date. Innovation will keep operations, products, and services fresh. Adding this fuel will make your business more competitive.

According to a study from PwC, an overwhelming 93 percent of business executives believe that “organic growth through innovation will drive the greater proportion of their revenue growth.”

But, what exactly is innovation? The answer to this question can and will vary depending on your industry or market.