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31 Jul 10 3 Time Wasters to Avoid If You Want to Make It Big In Life

Time is the currency in which corporate warriors trade in. And why just corporate warriors, we all do business using this currency only, but not everyone – in fact most of us – are wise with the way we spend time. We often splurge on spending time chit-chatting or just day dreaming, which we should not. But to defeat the “time wasting” monsters, we need to figure out first who they are and where they are. The aim of this blog post is to do that only. To make you aware of the 3 biggest time wasters, so that you can fight it off.

3 time wasting monsters

Personal conversation

This is the most dangerous monster that covertly follows you everywhere, which you always fail to notice until it’s already late. You can find this monster lurking around in your office and even in your home. It makes you feel that you are doing some important discussion, but the fact is you are not. You are just wasting time talking about your personal stuff when you should be working on the project at hand.

There is a time and place for personal discussion. Confine it there only. Do not let it disturb your work schedule.

Frequently checking e-mails

E-mails are important, and some are very important. But none of them is as important as the work you have at your hand, so it will be more fruitful to spend time on doing the work than checking mails, regularly.

Make a mail checking routine. I would suggest checking your mails once or twice a day, but if you expect important mails throughout the day or if you cannot live without browsing through your inbox then check your mail 4 times a day, at max. Do not let this monster kill your time.

Breaks

Taking breaks during a day is important, as it help you energize yourself. A break helps you remove your thought from the project, and hence get a fresh perspective on the subject matter, when you get back to it after the break. But frequent or too many breaks do not allow you to come back to the subject matter, ruining the purpose of the break itself.

Too many breaks create distraction, so avoid indulging in that. In fact, I will suggest you to make a “break taking” plan around your work schedule. This will keep you on track, and the plan will keep this “time wasting” monster contained.

These 3 monsters should be avoided at any cost, if your goal is to do anything with your life.

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28 Mar 10 Is Outsourcing Business Process a Good Strategy?

The answer (to the above question) depends upon whom you are asking this question. But, for the sake our discussion, I will tackle this question from a business owner’s point of view—also because I do not want any political controversy on this blog.

For a business owner, outsourcing any business process that is not its core is a not good but great strategy. I am not saying this to put bread on a family’s table in a third-world country, I am saying this because doing things that you are not good at will cost you doubly— (a). You will not be able to produce quality work, (b). And you will end up wasting time that could be invested on doing things that you are best at.

I do not play baseball nor do I play golf. I even do not know their terminologies. How do you think I will fare, if I take a baseball bat or club in my hand? I may hit a home run by fluke, but I cannot repeat it. So, if I were wise, I would have played chess or cricket, instead of going for baseball or golf. By not doing so, I have not only made fool of me, but I also end up wasting precious time I should have invested on games that I know.

It holds true for business processes as well. If you are a programmer who has started a small company, or if you are an existing small business owner that is good at manufacturing and marketing then you should outsource designing, SEO, marketing works to outside vendors whose core competencies lies in these fields. They will do better job at significantly lower cost. And the cost incurred will be even less, if you outsource your work to the third-world countries.

Did you say quality? Don’t worry, not everyone is bad there.

Benefits of outsourcing

  • It frees up your time that you can devote on doing things you are good at.
  • It can get you better result at a fraction of the cost incurred if you had worked on that.
  • The work quality is often good.
  • It will help you speed-up the process of product creation, testing, and delivery.
  • You will get a bigger team to think on the problems that your customer’s face. Who knows, you may get a brilliant insight from there.

Above, I have just a few of the benefits. I do not claim here to know all the benefits, and I am sure, you can suggest countless more benefits of outsourcing. Why do not you post your comment here?

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