Entrepreneurship involves a significant level of risk-taking, and understanding and managing those risks is crucial for success. In this article, we’ll explore the different types of risks associated with entrepreneurship and how entrepreneurs can manage them effectively.
Fabian Entrepreneurs are founders or business owners who are cautious and skeptical of change and innovation. This sounds counterintuitive to entrepreneurship because startups and new businesses are characterised by creativity and change. However, once a business identifies its sources of revenue, change is not easy. Any change comes at a cost and Fabian Entrepreneurs are afraid that these changes might cost them revenue or loss of market share.
Not Having Enough Time: We are always busy – too many things clamouring for attention. This makes managing time and stress very difficult. However, it is a pertinent problem – big enough to ensure that we must do something about it. Or else we constantly run a risk of being overwhelmed, stressed and not having enough time for the things that we want to do.
This is a beautiful Ted Talk by Tim Urban that talks about the power of procrastination. We’ve often referred to procrastination as a bad thing. The talk shows procrastination in a different light by connecting it to the power of creativity, building up thoughts in our minds in the background.
Time isn’t the main thing: Today’s inspiration is from a time management quote from Miles Davis. Not only is time the most evenly spread out resource in the world, but it is also the most scarce. In this article, we talk about the challenges of the paucity of time to ensure that we have enough opportunities for the most important things.
How to stop procrastinating: This article takes you through key steps to address the question – how to stop procrastinating? With procrastination being the number one reason for incomplete projects, you can prevent this trap by following the steps in this article. These steps are grouped together to derive beneficial actions. Key points touched on in this article are grouping tasks, making small improvements and creating a plan for delivery.
In today’s article, we will talk about the 4 d’s of time management and how to use them to prioritise time. The main item of discussion in 4 Ds is whether a task needs delegation. Delegation in effect conflicts with the feeling of control and micromanagement. However, in this article, we will talk about the types of prioritisation models we can follow to make the best use of our time. In addition, I’d always route us back to some time management skills that will help us increase productivity.
Eisenhower Matrix: Time management is hard work. But the 4 quadrants framework helps us prioritise this work. Once we have a priority, we can focus our energies on completing these things and managing our workload. The most important takeaway from the Eisenhower matrix is to ensure that we have created space and time for the most important things rather than merely the urgent ones.
Time Management Quotes for Students: This article is dedicated for students to making the best use of time. Apart from work, I recall that the most stressful times about managing time were during the early times of being a student. It is perhaps because our time management skills are at their inception and we get better at it with experience. The collection of quotes is curated for students to inspire, engage thoughts and spark different thoughts about how best to use limited time.
Time management is about making the best use of time. Stress management is about managing your emotional health, mental peace and performing without being overwhelmed. The two are connected because sometimes when things don’t go as per time, missed deadlines have an impact. These potential impacts immediately cause stress making us think about the ramifications of not doing things on time.