Doing business is an art. It requires you to have many attributes, the most important of which are as follows. We went around discussing the best habits that have aided every business owner and here’s our list of creative habits and secrets which when followed properly bring insane success and productivity. Have a look for yourself.
1. Accept Help from brand community
Don’t exhaust yourself working on everything alone. Let others help you. Hire people that are expert at certain things. One person can’t be productive in ten things related to a business.
Everything will collapse like a house of cards if you build that house alone. Let other experts do some of the work for you.
Another kind of help is user-generated content. Did you know that the YouTube videos that are user-generated are viewed 10 times more than brand-generated videos?
Half of America’s population (51%) trusts user-generated content more than the brand’s own content (16%), or media coverage that it receives (14%). Reach out to your brand’s follower community, or have your marketers do it.
Marketing doesn’t only circulate around creating your own content and campaign, the best marketer will be sharp enough to create a brand community of followers that generates content for you. Ask your happiest clients for feedbacks, feature them.
2. Don’t do overtimes
For this one, you probably won’t agree if I say work less to be more productive. What sort of a sick joke is that? Well. Have a look at this report “Scheduled Overtime Effect on Construction Projects” issued by The Business Roundtable in 1980 states:
“Where a work schedule of 60 or more hours per week is continued longer than about two months, the cumulative effect of decreased productivity will cause a delay in the completion date beyond that which could have been realized with the same crew size on a 40-hour week.”
It may sound controversial, but give it a try. You’ll see the results yourself. Pulling all-nighters will never be effective if you’re working with drained out energy. Work hard, but work for a scheduled time.
3. Say NO sometimes
Stacking up all the projects you can get sounds like productivity. It’s quite the contrary.
According to the Pareto Principle, 20% of the effort produces 80% of the results; however, 20% of the results consume 80% of the effort.
Productivity is, you only put effort on the things that bring that 80% of the result. Choose your projects wisely. Do everything that contributes to your goal and discard everything that distracts you.
If you say no to less productive things, you save time for more productive things. Here’s our blog on when, why and how to say NO to clients which you might find useful.
4. Take breaks
One of the assistants of Thomas Edison has observed that ‘his genius for sleep equaled his genius for invention.’ Well, the usage of that big name here has only one purpose, to convince you to take breaks.
Do not work continuously. Everything becomes a blur. Your productivity goes down if you don’t refresh your sight and taste and your whole body every now and then.
Go for a coffee break, get up and stretch, have a nice sushi order, take a shower, listen to a favorite song, give yourself some alone time. Alone time is good for the brain and spirit, according to The Power of Lonely, an article in The Boston Globe.
Specially take breaks when you’re exhausted or stuck at something. We usually find the solutions when we’re not searching for them.
5. Start day with critical work
Now this one habit, this alone, if not adopted, may bite off a large share of your business’s success.
Critical work means something which requires the whole lot of your focus and dedication. A CEO should start their day with approving and answering emails that are blocking people’s work. Respond to everything that needs to be responded to, to make someone else continue their work.
Also, it doesn’t only have to apply to the CEO. I’m a content writer and I have produced far better content in the mornings than on days when I worked in the afternoons. Little tidbits can always be mended throughout the day, but the main work is usually produced in the mornings with a fresh mind. It could differ for you if you’re a nocturnal.
6. Master communication
Master the art of communication. Be clear, concise and direct.
Make sure to forward and infuse your company’s motto and goal in every single employee. E-mail is the best way to practice communication skills, because it doesn’t sound authoritative.
The other face of the coin is communicating with your customers. Can you be expected to understand their issues? Can you solve their problems? Communication skills is a thing that will help in everything you do, in dealing with manufacturers, clients, employees, marketers and audience. Master the art of communication to leave your mark on people’s hearts.
Use the simplest language you know and fewest words possible. Explain your expectations in plain language. Bold or highlight the most important parts. For long emails, include initial bullet points to summarize as well.
7. Develop a growth mindset
Don’t settle for the success you have achieved. There are far better things to grab out there. If you don’t see a new venture, create it. Keep growing. Create a new goal as soon as the previous one is achieved.
The growth mindset is said to be the bar between successful people and the others. Never stop, even due to failures. A failure is just another idea that won’t work. Find another one.
If you don’t challenge the status quo, your business is a sedimentary and static cause. Things will always remain the way they are, and that’s not what productivity is.
Little growth per day amounts to significant growth per year. That’s why a drop in the ocean is so over-rated. That’s how everything grows. Productivity begins with having a growth mindset.
8. Genius is hard work
Genius. I’ve been called that in the least productive years of my life. Just because I was a bright student. Well, Professional life proved otherwise.
Genius is something you make yourself out of practice, hard work and consistent dedication. Genius is not this special built-in talent you were born with. Genius is what you make of your talents.
Thomas Edison said, “invention is two percent inspiration and 98 percent perspiration.”
Create a goal. Focus. Analyze your hurdles, and overcome them. Now repeat.
Business isn’t done by those talented genes you have inherited, it’s done by continuous struggle to achieve excellence.
9. Learn from failure
Embrace failures. It’s a part of the success loop.
I’ve seen so many people feeling heartbroken over a business failure that they almost give up. Don’t do that please. Every time you fail, try one more time.
If you won’t fail, you’ll never know what to avoid for success. Productivity doesn’t come to you as an intuition. It’s due to your advantage of having failed so many times that you know exactly what will work.
And as they say, just when you can’t take it anymore, just when the storm is too harsh to bare, just that one moment is the one when you should try your hardest.
10. Document everything
Your cognitive resources are limited. You can’t remember everything by heart. Make sure to develop a habit of writing everything down.
Document every single idea, practice or note which looks usable, or not. Sometimes, when you look at those notes, they light up that bulb, “Oh, I’ve thought about this before and this was the hurdle”
This means you don’t have to start everything from scratch when you finally get time for the thing.
To date, five million pages of Edison’s notes have been found and preserved.
11. Challenge assumptions
There are so many research studies out there that can provide answers in a range of areas.
Usually, there are some commonly believed ideas, the basics, which everybody follows in each industry. That means you’re accepting a code 50% and then using the other 50% for innovation and profits. Well, why do I give up on the initial 50?
Go to the core of such first principles. Reason with them. Find other ways out. You may end up accepting the first principles if there’s no other convenient way, but you may also end up saving thousands of dollars if luck brings you face to face with a more convenient way of doing the initial things.
Challenge assumptions. Look at how SpaceX was born:
Elon Musk asked himself: “What is a rocket made of? Aerospace-grade aluminum alloys, plus some titanium, copper, and carbon fiber.” Then he asked himself, “what is the value of those materials on the commodity market?” It turned out that the materials cost of a rocket was around two percent of the typical price. So, he decided to make rockets himself and started SpaceX.
Elon Musk is where he is just because he challenged the basic idea of buying rockets.
12. Execute plans
This one, out of every other thing is the most important. Execute plans. Let not laziness get the better of you when you have extremely productive ideas in mind.
Productivity requires action. Few people execute. People are fond of talking and making plans, but the very few we see being successful are usually the only ones practicing what they preach or plan.
Similarly, when you plan to start a business, you’ll do a market research and find competitors. You may feel dis-hearted because they are so well established in the niche, but it’s okay to have a similar plan as someone else. It’s how you execute your plan that defines the productivity of your business.
Productivity comes from thoughtfully adopted habits, may it be a business or an employment. The most common traits of productive people under my observation are these, and it’s not just money that they’re earning but a productive and healthy lifestyle.
As Warren Buffet says, “Money has to be the by-product of your definition of success – not your definition of success.”
In case you would like to start a business today, we hope that you’ll keep some of these productive habits in mind. WPJIT will always be here for helping you set up a business plan and create a website for you. We’ll always be by your side if your website needs assistance or maintenance. If you ever apply these habits to your work, let us know of the results, or add your own advice for us to adopt and share.