‘Successful people are simply those with successful habits’ – Brian Tracy.
Brian Tracy’s quote is as potent as it is simple. Successful habits can be like productivity cheat codes, streamlining efficiency without you having to think about it with the added benefit of freeing up your mind for better things.
Today let’s look at 5 daily habits you can incorporate in your daily routine to increase your business productivity and profits.
- Follow Industry news
It is important and very useful to stay updated with the latest trends in your core and allied industries. Even 15 to 20 minutes daily will help to improve your business practices and get ideas for business development.
- Budget your time
As a business owner you get pulled in 20 different directions every minute, and the usual tendency is do everything on your own. If you plan and track your time expenditure, you can identify what your time is worth per hour in monetary terms. Calculate the cost of each activity you do based on this number. You might find that outsourcing and delegating certain tasks is less costly and frees you up for work you are indispensible for.
- Store every record immediately.
Organize a system for maintaining records and make sure you file all documents in their correct place immediately. Spending the 2 minutes to do so on a regular basis will save you from spending more than the time a receipt might be worth in hunting it down a few weeks down the line.
- Nurture your network
Schedule a few minutes in your daily routine to build your network or reconnect with old contacts. A network is a very important resource in today’s times. Regular nurturing will help to strengthen your ties. Having stayed in touch without immediate need, you will not be awkward the next time you need to tap into your network for anything.
- Write down your goals
The probability of achieving your goals increases simply by writing them down regularly. It centers them in your mind and motivates you to get going. Whether on paper or on an app, jot down what you want to achieve and your mind and body will be primed to for success without much effort.
It is true that there is no shortcut to success. But it is equally true that investing in such small but effective habits will take steadily you towards your goals and success will become second nature.