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Nine Ways to Work Less and Do More in Your Startup PDF Print E-mail
Written by Martin Zwilling   
Thursday, 02 September 2010 00:10

The universal challenge of every startup founder is to get everything done that needs to get done, and still have a life. Even outside of business, everyone wants to accomplish more, while working less. I've been a student of these techniques for some time, but recently I saw a great summary that seems to pull all the key principles together.

Stever Robbins, known on the Internet as the Get-It-Done Guy, just published his book "9 Steps to Work Less and Do More," which outlines his strategies. These are not aimed specifically at entrepreneurs, but certainly can be applied there as follows:

1. Living on purpose. Figure out what's really important to you as an entrepreneur. For most, it's following a passion to show customers your better solution. Live your lifestyle, do what you love, and identify your top priorities. Then you will get things done, and it won't even seem like work.

2. Stop procrastinating. Procrastination is a killer when it comes to being effective. One of the best ways to stop procrastinating is to break things down into small chunks, using tiny steps to move forward. Break time into pieces. When there's an end in sight, it's a lot easier to get down to business.

3. Conquer technology. Cellphones, laptops, and other electronic devices are supposed to give users additional freedom, but far too often, they create time traps. Separate yourself from technology on a regular schedule to not allow a machine's interruptions to set your day's agenda.

4. Beat distractions to cultivate focus. You need to set boundaries and say "no"; to stop multitasking; and to find ways to group similar tasks or similar contents. Don't forget to delegate to other team members, and don't be tempted by the current "crisis" to postpone the important tasks of strategy decisions and monitoring the progress of the business.

5. Stay organized. Many people confuse 'organized' with 'neat.' In fact, organized means a place for everything and everything in its place. When you stumble over something that doesn't have a place, either throw it away or make a place for it. If you don't have any more room, throw something away - don't rent a storage unit.

6. Stop wasting time. Work is whatever you need to do that most matches your business goals as they are today. Use the 80/20 Rule to pick and then complete those taks. Stop trying to do things perfectly. "Good enough" is the antidote to perfectionism. Make faster decisions by limiting the options you consider.

7. Optimize. Stop doing what isn't working so you'll have the time to optimize the rest of what you do. Some of the best ways to optimize include using team feedback to identify blind spots that could be limiting effectiveness; recognizing when it's time to call in an expert to get the job done; and listening to your own advice.

8. Build stronger relationships. Build a network of contacts to allow you to harness the power of others' strengths. Superficial relationships don't help. Giving is the best and quickest way to strengthen a relationship. Conflict takes energy to sustain, so work to prevent conflicts from arising, and work to end conflicts quickly that do arise.

9. Leverage. Use technology thoughtfully to automate things that take a lot of time, thus gaining leverage. Reuse things rather than re-inventing them. The most valuable computer function in business is "cut and paste." These days, on the Internet you can find samples of every document and contract you will ever need, so use them.

With each of these steps, you will reclaim more control of your business and your life. You will find yourself honing in on the things that actually move the startup forward and make you happy, and learning the skills you need to resist the rest. You too can be a get-it-done guy.

Last Updated on Thursday, 02 September 2010 00:44
 
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Last Updated on Monday, 28 June 2010 15:54
 

Every time I hear about a new startup that is in stealth mode, I wonder what problem they are hiding from whom. Of course they pretend that they are trying to avoid alerting competitors prior to launch, but too often it becomes an excuse to move slowly in a world that’s all about getting to market fast.

I believe stealth makes sense for large companies who can be sued for “pre-announcing” a new product to stall the market or kill a competitor. It also makes legal sense to never disclose the details of your patent application, before the product is ready to ship. But otherwise, startup companies should seek out publicity and the open sharing of information, from day one.

Openness is part of the business culture of entrepreneurs and technology centers around the world. People talk to people, and even competitors freely exchange news on trends and discoveries. Here are some of the ways this can actually help your startup efforts, rather than hurt them:

  • Initiate media interest. These days, new technologies and social trends are fanned from an ember into a flame by the media and word-of-mouth. This takes time, and is more valuable than any advertising you can buy. It’s probably here that you need the “first-mover advantage” more than in the lab.
  • Get concept feedback early. No matter how good you are, your initial idea is likely to be at least partially wrong. The sooner you get that feedback from people who count, the better your chance of recovery, and the less money you have wasted. Don’t be so arrogant to assume you won’t need course corrections.
  • Find your real competitors. The sooner you disavow yourself of the notion that “we have no competitors,” the more likely you are to survive. “No competitors” may mean no market (give up now), or customers are happy with alternatives (keep their car rather than ride the new fast train). Face reality early, and you can deal with it.
  • Deliver minimum product and iterate. Stealth mode can give you a false sense of security that you can take additional time to get it right the first time. Time is your biggest enemy, and customer feedback is your biggest ally. A startup that has been incorporated for two years or more without shipping is already seen as a bad investment.
  • Prime the investor world. Don’t talk directly to potential investors until you have the business plan and other basics complete. But start networking with advisors, industry pundits, and domain experts early. Your direction will get back to potential investors, and create a sense of heightened expectations that can help you get in the door when ready.
  • Tune your website. Most startups need funding before shipping, and investors expect to see your website to validate your business plan. In addition, a website needs several weeks of presence for indexing by search engines, search engine optimization, blog activity, and link building. These things can’t be done while in stealth mode.

To enforce stealthy behavior, startups often require everyone, even potential employees to sign nondisclosure agreements, and strictly control who may speak with the media. This is a turnoff to everyone, and real investors never sign nondisclosures. It’s all an expensive distraction that doesn’t work.

Overall, I recognize that there are some startups, like biotech and semiconductors, with long highly technical development cycles and huge competitors, where early stealth makes sense. With most others, like web services, incubation time must be short, and secrecy can be the kiss of death. For your startup, stealth mode just prevents YOU from learning what you need.

Marty Zwilling

About me:

Martin Zwilling
CEO & Founder of Startup Professionals, Inc.; Callaman Ventures Board Member and Executive in Residence; Advisory Board Member for multiple startups; Arizona Angels Selection Committee; Entrepreneur in Residence at ASU and Thunderbird School of Global Management. See me on Twitter as StartupPro, and on LinkedIn and Facebook by name. Published on Forbes, Harvard Business Review, and Business Insider.

View my complete profile



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