How to increase productivity by working less

According to a recent survey, a business owner’s average working week is 50.5 hours, 36.5% higher than the national average of 37 hours!

But the principle of putting in long hours to make a business successful is a misconception and often, productivity will suffer.

All work and no play

A poor work/life balance will lead to tiredness, misery, a building resentment of the business and the outcome? A reduction in productivity.

Relationships are affected too; although little research has been conducted, anecdotal evidence suggests the divorce rate is higher amongst entrepreneurs because they’re never at home. Of course your partner and family want you to achieve success, but they want YOU more.

The positive effect of rest on productivity

Some years ago I worked 18 hour days, 6 days a week to turnaround a failing business. After 3 months of sustained long hours, I was at work one day when I fell asleep at my desk. It was literally a wake up call. I took a couple of days out and returned refreshed and more productive. More got done in just 7 hours a day and I had time again for friends, family and me!

Hitting a deadline

There are occasions when urgent deadlines have to be met, these things happen. But you must take time afterwards to recover. Understand and recognise these as one-offs and don’t let them become the norm. That’s when productivity, the business and potentially your family will suffer.

Time management

It’s not just long hours that are commonplace, at least 70% of small business owners never take a holiday and this too impacts on productivity. My article on time management contains some great tips on scheduling and managing your workload. This advice provides the tools and confidence to take control of your working hours so you can get back more time for you!

Don’t forget, for help implementing this advice book a FREE 2 hour business review today. One of my consultants will come into the business, assess the current status and leave you with real advice to set you on a course to focus, develop and grow.

How to increase your profit AND take a holiday!

A business’ profit level can be linked to areas such as marketing activity and cost control. How much holiday taken by the business owner is often overlooked.

Taking a break

Research suggests that at least 70% of small business owners never take a holiday. In my role as a business consultant, I come across this time and time again. Catching up on emails is far more the norm than catching a few rays. While it might appear that leaving the business could be catastrophic, not taking a holiday could be catastrophic itself.

How motivated and productive are you?

Your business simply cannot afford or function long-term without you taking a holiday. Do you feel at maximum productiveness and full of motivation? I doubt it. When business owners don’t take time out, they become fatigued, directly affecting productivity. Worse, resentment towards the business can build up, impacting motivation too.

I recommend taking at least 1, 2 week holiday a year. If it’s impossible to take such a long break, then take long weekends instead. After a long weekend you’ll come back to the business refreshed, with a resulting increase in productivity meaning you can make more money!

Handing over the reins

Ensuring the continuity of service for clients is a key concern for business owners when planning a hioliday. If this is a problem area for you, take a look at last month’s article on Creating Consistency in Service. In it, I explain how to give staff the tools and knowledge to get the job done, exactly as you want it!

Get holiday ready and make more profit

So with the summer upon us, it’s the perfect time to get away. If you don’t yet have your summer break planned, get one booked! If you understand the benefit of taking a break but still feel unable to, book a free business review so we can help get your business holiday ready and more profitable!