If I have to define “Entrepreneurs” in one word, it would be a risk-taker. Someone who saw a new business venture and dove right in, taking a massive risk to gain profit in that very business. There are no defined requirements, no specific education to declare someone officially as an entrepreneur. That being said, contemporary entrepreneurs do share a handful of some habits that have duly helped them in their path to glory. I have compiled here some of these life hacks:
1) Schedule your day in 5-minute intervals, by Elon Musk
Elon Musk is in a habit of regulating daily tasks in the form of 5-minute chunks. That can be very helpful to compartmentalize your daily tasks in a chunk of time you are most comfortable with. 5-minute chunk is not the mandatory time interval. Any time chunk specified for the tasks will be enough.
2) Apply the 80/20 rule, by Tim Ferriss
The author of “The 4-Hour Workweek” recommends using the Pareto Principle. The 80/20 rule is perfect for prioritizing your day-to-day tasks. The belief is that 80% of tasks come through the input of 20%. So, to get that output, start listing things that you need to do with that input.
3) Rely on day theming, by Jack Dorsey
The founder of Twitter has a habit of tenacious people. People who want a consistent routine will feel comfortable and confident by this habit. The basic idea is to assign a specific theme to a specific day, like Monday for meetings, Tuesday for planning, Wednesday for focused work.
4) Keep meetings small with the 2-pizza rule, by Jeff Bezos
To facilitate more productive meetings, Jeff Bezos has a habit of estimating and inviting people to the meetings who can be fed with two pizzas. This is a pretty flexible rule, but it can ensure the presence of people who matter the most in the meetings.
5) Meditate on a daily basis, by Ray Dalio
The founder of Bridgewater Associates meditates daily and declares it one of his reasons for success. Meditation has been proven to increase your focus and reduces the mind’s chatter to a more streamlined state where you are able to put all your energy into the task at hand. It can decrease your stress, depression, and anxiety. When practiced daily, meditation keeps you grounded. It has been proven to improve your mental and physical health. Even a 10-minute meditation each day is more than enough to get these fruitful results. One can try either mindfulness meditation or loving-kindness meditation.
6) Minimize decision fatigue, by Mark Zuckerberg
Making decisions throughout the day can be exhausting and in order to minimize this fatigue, Mark Zuckerberg has a habit of minimizing decision fatigue. It is no secret that the founder of Facebook wears the same clothes to work every day. The idea is to reduce the fatigue associated with making decisions. By eliminating some decisions like choosing clothes to work, we can focus our energy on more pronounced tasks that need our attention. Our leadership skills will be powered up, we will be able to make more important decisions, and will be able to keep our day a bit less stressful.
7) Keep one day completely free, by Dustin Moskowitz
The founder of Asana keeps one day a week completely free of all scheduled events. Schedules events are important but breaks are more important and they keep you more focused once you’re back on your schedule. Your energy is boosted up and you feel this newfound urge to work.
It is never too late to try some new things
While these entrepreneurship hacks will certainly help you to better focus and prioritize your daily tasks, it is never too late to try some new things. Things that you do that make you better focused. Every individual is not prone to adapt to all things. Things that work for someone else may not necessarily work for you. So, don’t lose your originality and keep trying out more rotations. Or better, you can try a combination of these hacks with your original rotations to get results that suit you the best.
