Answer:
What I have to do in order to ensure that my business will move in the right direction? There are really different things that you will need to do for your business as entrepreneurial tasks on an everyday basis.
Some of them are predictable, but the real problem can be when you need to work on highly unpredictable tasks for your business. In such a case, you will need much harder efforts in order to ensure effective time management for yourself as an entrepreneur.
Because of that, I am using categorization in order to achieve some order in the chaos of entrepreneurial tasks.
When it comes to your entrepreneurial tasks, generally they can be classified in the following groups:
1. Tasks Related to Creativity and Ideation
The first category of your tasks as an entrepreneur are tasks related to creativity and ideation. Every business, absolutely every business will always need a new fresh or great ideas that can lead to innovation and improvement in their products or services they are offering on the market, in the processes and business models of their companies.
Although many do not put this as a separate category, I just want to emphasize this category taking into account the importance of these activities in terms of the increased business potential power of your company. Now, often times these tasks are not distinguished as a separate group or category of tasks because it is more difficult to manage the time in which they will perform as tasks.
When you will be more creative can’t be managed but you can only support the process. Therefore, you can’t tell that tomorrow from 9 am to 12 am you will be more creative and because of that, you will work on brainstorming creative business ideas. But, you can say that tomorrow on your agenda you will have the brainstorming session with your co-workers in order to generate ideas for something. It is better to have one such group work tasks on your agenda.
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2. Planning Tasks
The second category of tasks that you as an entrepreneur will need to do is planning tasks. These tasks represent the predecessors of other tasks that will need to be implemented.
Except for preparation of business plan and your personal plans, these group of activities can include research, analysis, testing, consulting and anything else that in some way will allow you to have a list of tasks that require implementation. So, creativity and ideation will lead to plans which undoubtedly should lead to the next set of tasks, and they are…
3. Implementation as Entrepreneurial Tasks
Implementation of your already prepared plans as a result of the earlier group of tasks. This category of tasks is simply doing the things for your company, or finishing planned tasks. Implementation is one of the most significant tasks and one of the most challenging as well. You should be able to handle the team and must have the right knowledge in managing projects as well. This is why some even take courses such as an online MBA for Canadians by JCU to develop their leadership and managerial skills.
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4. Monitoring and Controlling as Entrepreneurial Tasks
For successful work, there must be some kind of monitoring and controlling tasks for the implementation. This is the fourth category of tasks for you as an entrepreneur. Whether it comes to monitoring and controlling your personal work or the work of your employees, this category of tasks ensures that everything that was planned will be implemented as it was planned.
5. Communication as Entrepreneurial Tasks
And of course, the last group of tasks is the communication task. This category is one of the most constant categories, and therefore it will overlap with all the other categories that I have mentioned here. Communication is an essential category of things you will need to do that will provide the proper level of cooperation and improve the results of all other tasks.