Many successful entrepreneurs, including founders of multi-billion dollar companies, have found them through a combination of unique idea generation and hard work. Naturally, most of us aspire to achieve something similar – even if we cannot expect to repeat that scale.
This is why I like to read and discover some specific productivity hacks, habits and behaviors that helped those successful entrepreneurs achieve their status. I have listed some of my favorites below.
Loss of productivity from top entrepreneurs
Try these interesting productivity hacks from some of the most successful entrepreneurs of our era:
1. Elon Musk: Schedule your day in intervals of 5 minutes
Tesla and SpaceX founder Elon Musk use blocking time to schedule their day in intervals as 5 minutes. In other words, he breaks his day into 5-minute chunks, and schedules tasks, meetings and events accordingly. You don’t have to think in 5-minute intervals, but any effort you make to block your time can be helpful. You can improve your efficiency by “batching” similar tasks together; For example, you can set aside 45 minutes to catch up on email in the morning.
2. Jeff Bezos: Keep Meetings Short with 2-Pizza Rule
Amazon founder and the world’s richest man Jeff Bezos estimates the proper meeting attendance using the 2-pizza rule. He will only invite several people to a meeting, who can be fed a total of 2 pizzas. Obviously, this is not an accurate calculation. The point is, you should limit your meetings to only those who matter the most. This would be helpful to facilitate better, more productive discussions; In addition, you will cut the amount of time wasted, as fewer people will be spending time.
3. Ray parties: meditate daily
Bridgewater Associates founder Ray Dalio attributes his success to daily meditation. He encouraged his staff to practice transcendental meditation, and has also written a book on the subject. There are many meditation practices that stem from different meditations and backgrounds, but most of them try to achieve a similar goal: clearing your mind and focusing your attention. Try it out, and make it a habit to see if it works for you.
4. Mark Zuckerberg: Reduce Decision Fatigue
It has been a known secret for many years that Facebook founder Mark Zuckerberg wears the same clothes to work every day. but why? Zuckerberg’s idea here is to reduce decision fatigue (or at least), or the accumulation of stress and anxiety as you make decisions throughout the day. If you can eliminate some decisions from your daily schedule (such as what to wear), you’ll cut down on decision fatigue, power your thought leadership, and make important decisions (such as choosing a vendor) with very little. Stressful.
5. Jack Dorsey: Based on the day
Jack Dorsey, the founder of Twitter, provides themes for each day of workweek. This is useful for segmenting your priorities, and focuses on the work that matters the most. For example, you can use Monday as a day to hold meetings and communications. You can use Tuesday for head-down, focused work, and Wednesday for high-level strategic planning. It becomes even more effective if you change it to a regular routine.
6. Dustin Moskowitz: one day completely free
Correspondingly, Asana founder Dustin Moskowitz always keeps a day of the week completely free of meetings and scheduled events. In this scenario, as we mentioned above, it could be Tuesday – a day in which there is no meeting, whatever. Meetings are not necessarily bad, but they often distract from your personal preferences.
7. Tim Ferris: Apply 80/20 Rule
Tim Ferris, author of 4-hour workweek, Pareto recommends using the principle (or 80/20 rule) to be more selective about his work. The basic idea is that 80 percent of your results come from 20 percent of your input – in other words, 80 percent of your value in a day comes from 20 percent of your working hours. What types of tasks matter the most, and how can you prioritize them over others?
Uncover your own productivity mercenary
While I certainly enjoy reading and learning from some of history’s greatest entrepreneurs, I also think that hero worship or survival is important to avoid bias. Just because an entrepreneur has success does not mean that they are doing everything good, and just because a habit or trick does not work well for an entrepreneur does not mean that he or she does it for you. Gonna work
Experiment with different tools, strategies, scheduling approaches and time management techniques – and be sure to measure your results. Find a combination of strategies that best suits your personality and style, and don’t be afraid to work on new approaches in your rotation.