We all know that time is our most precious resource. We only get a certain amount of time. We also all have the same amount of time each day to get something done. The purpose of this episode is going to be about how can you maximize your time. So how do you allocate and manage your time effectively to grow your business.
This is the Stretch Goals podcast, where each week we’ll share insights and lessons learned based on our experiences as entrepreneurs. We’ll challenge you to create ambitious goals as you start and grow your business.
Listen to this episode on our website (https://stretchgoals.fm/ep7/) or search for Stretch Goals on iTunes/Sound Cloud/Google Play Music.
Follow Robert (@robdickersonjr) and Scott (@the_scott_davis) on Twitter.
2. Episode # - Title
www.stretchgoals.fm/ep7
Challenge yourself to create ambitious goals
as you start and grow your business.
Episode 7 - Managing Your Time
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Robert Dickerson
Robert is the Founder and CEO of Mapout a mobile learning
platform that uses video courses to educate customers and
train employees. He helps companies develop and launch
products.
Scott Davis
Scott Davis is the Founder and CEO of MobX, a mobile
development software agency. He has 20 years of experience
developing software for Government, Finance, Sports and the
Telecommunications industry.
@RobDickersonJr @The_Scott_Davis
Episode 7 - Managing Your Time
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How to
maximize
your time
What to
allocate
yourself to
What to
allocate your
team to
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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“When you become an entrepreneur and
you're running your own business, you get all
this freedom. It's great. It's one of the best
parts about being an entrepreneur . . . It also
comes with the greatest responsibility, that
you're not playing video games, that you're
focused on growing your business.”
- Robert Dickerson
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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How do you decide what
to allocate your time to?
Episode 7 - Managing Your Time
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Determining if a conference is worth it
● Are you supporting a current customer?
● Are you gaining new customers?
● Can you justify the trade-off?
Episode 7 - Managing Your Time
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Set milestones
TEXT
Episode 5 - Perfection versus Launching
www.stretchgoals.fm/ep5
Tips for Managing Your Time
Create a daily
schedule
Use a calendar
Mix & match tasks Monitor your goals
Use the pomodoro
technique
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“Every industry, every job, every product, the
needs of a job are always different. Like you
said, the playing field is even. We've all got 24
hours in a day. Can't change that.”
- Scott Davis
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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What works
best for you and
your business?
Episode 7 - Managing Your Time
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Allocate longer periods of time to a specific task.
This reduces context switching and can help you focus.
Episode 7 - Managing Your Time
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Your needs are different.
Identify what works for you.
Episode 7 - Managing Your Time
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How do you prioritize when
unexpected things come up in the
middle of the day?
Episode 7 - Managing Your Time
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“If I know something's going to take three
days, I set the expectation at five days, just
because that gives me the buffer I need.
Always add that little fudge factor on top of
setting your expectations.”
- Scott Davis
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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Identifying opportunities
● Determine your level of interest
● Analyze the benefit
○ Is it personally fulfilling?
○ Is there a monetary value?
○ Will it lead to company growth?
○ Is it a goal?
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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“I hate meetings for meeting’s sake, because
it's a waste of time. I would much rather do,
than pontificate about ideas. I'd rather get in
the trenches and get things done.”
- Scott Davis
Episode 7 - Managing Your Time
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Managing
Your
Team
Episode 7 - Managing Your Time
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Touch base with them
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Episode 5 - Perfection versus Launching
www.stretchgoals.fm/ep5
Tips for Managing Your Team’s Time
Use Slack, a team
messaging app
Schedule a weekly
meeting
Meet on a needs
basis
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“[For] day-to-day things, I just do it in Slack.
I feel like a daily meeting breaks up
everyone's day. They might be doing
something productive - and then suddenly
they're not - because we want to have a 15
minute meeting about what's going on with
the company.”
- Robert Dickerson
Episode 7 - Managing Your Time
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“I just wrote a little Slack bot that messages
everybody at the same time every day. ‘What
did you do yesterday? What did you today?
Are you blocked?’”
- Scott Davis
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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Remove yourself.
Let your team run with it.
Episode 7 - Managing Your Time
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“Remove roadblocks from other people. Then
get yourself out of the way. Just let people
execute. Don't micromanage them. Give
them the context they need to execute and
don't control them.”
- Robert Dickerson
Episode 7 - Managing Your Time
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Over-committed,
under committed,
or committed just
right.
It changes every
single day.
Episode 7 - Managing Your Time
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The danger of overcommitting
● Negatively impact the quality of your work
● Hurt customer relationships
● Stress team dynamics
“I over commit myself a lot of times because I want to hedge
my bets that I have enough work coming.”
- Robert Dickerson
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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“...if you're in a situation and things aren't
working, you know you've got to make a
change. . . . constantly make tweaks. Find
what works. Be adaptable. You'll get there.”
- Scott Davis
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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Treat all your
time as a
billable hour.
Episode 7 - Managing Your Time
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What is the ROI?
Is it worth your time?
Episode 7 - Managing Your Time
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“I grew up wanting to do everything myself.
My parents taught me be self-sufficient. That's
a great habit to have, but as you start growing
your business, you start realizing that your
time is more valuable.”
- Robert Dickerson
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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If you start feeling stressed:
● Expand your team
● Readjust your priorities
● Drop unnecessary meetings
● Set expectations for your customers
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7
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Thanks for dedicating a
half hour to listen to us.
Hope it was productive for you.
stretchgoals.fm
Episode 7 - Managing Your Time
www.stretchgoals.fm/ep7