Abhishek Sengupta

Entrepreneur | Author | Podcaster

7 Ways of Making Progress: A Startup Expert’s Guide

Five Successful Principles For A Business Founders

Pic Courtesy - UnSplash

In the fast-paced world of startups, steady progress is essential. The dynamic nature of the startup ecosystem necessitates a structured approach to daily tasks. Here are seven effective behaviors that will boost your productivity and propel your startup to success.

Each of these habits is supported with real-world business case studies, expert statements, and references to ensure a thorough understanding.

1. Waking Up Early

“The early morning has gold in its mouth.” – Benjamin Franklin

The benefits of waking up early have been well documented. A study published in the Harvard Business Review indicated that morning people are more proactive, which is an important trait for business founders. Early risers frequently have more time to organize their days, think strategically, and complete high-priority work without the regular daily interruptions.

Case Study: Apple Inc. Tim Cook, Apple’s CEO, is known for waking up at 4:30 a.m. each day. This routine allows him to start his day early, react to emails, and think clearly before the responsibilities of the day begin. Cook’s morning regimen has helped him stay productive and keeps Apple at the forefront of innovation.

2. Daily Reading

“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.” – Dr. Seuss

Reading is an effective instrument for personal and professional development. It broadens your knowledge, boosts your creativity, and offers new approaches to issue solving. For startup founders, reading industry-specific books, articles, and case studies can be especially valuable.

Case Study: Berkshire Hathaway Berkshire Hathaway CEO Warren Buffett spends approximately 80% of his day reading. Buffett believes that reading widely has contributed to his investment success. He advocates reading 500 pages every day to increase knowledge over time.

3. Making Daily Journal

“Fill your paper with the breathings of your heart.” – William Wordsworth

Keeping a daily journal encourages self-reflection and goal tracking. It lets you to document your thoughts, experiences, and lessons learnt, making it a useful resource for future reference. Journaling can also help you manage stress and improve your mental clarity.

Case Study: Oprah Winfrey Oprah Winfrey, a media tycoon and philanthropist, has kept a journal for several years. She says journaling has helped her retain a happy attitude and handle personal and professional problems. This technique has contributed significantly to her ability to innovate and inspire millions of people.

4. Getting Mentored

“Mentoring is a brain to pick, an ear to listen, and a push in the right direction.” – John Crosby

Mentorship offers guidance, support, and useful insights that can have a substantial impact on a startup’s future. A mentor can help you negotiate problems, make industry contacts, and offer advise based on your experience.

Case Study: Google Eric Schmidt tutored Larry Page and Sergey Brin, Google’s cofounders. Schmidt’s expertise and advice were critical in propelling Google from a startup to a global tech powerhouse. His guidance enabled the founders to make strategic decisions and avoid typical errors.

5. Setting Daily Goals

“Setting goals is the first step in turning the invisible into the visible.” – Tony Robbins

Setting specific, achievable daily goals can boost productivity and create a sense of accomplishment. Goals help you stay focused, prioritize work, and track your progress.

Case Study: LinkedIn Reid Hoffman, LinkedIn’s co-founder, underscores the importance of setting daily goals. Hoffman feels that creating clear, measurable, attainable, relevant, and time-bound (SMART) goals was critical to LinkedIn’s success. This method has enabled the organization to keep its focus and reach key milestones.

6. Making Daily Plans

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” – Abraham Lincoln

Daily planning helps to organize duties, manage time effectively, and reduce stress. It guarantees that you focus on the most critical tasks and make consistent progress toward your long-term objectives.

Case Study: Tesla Elon Musk, the CEO of Tesla, is known for his thorough preparation. Musk plans his day in five-minute intervals using the time-blocking method. This level of preparation has allowed him to oversee numerous high-stakes initiatives at the same time, thereby contributing to Tesla’s rapid expansion and innovation.

7. Prioritizing Tasks

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Stephen Covey

Prioritizing tasks is critical for efficient time management. It entails recognizing and focusing on the most important things first. This technique ensures that you devote your time and energy to initiatives that will have the greatest influence on your startup’s success.

Case Study: Microsoft Bill Gates, Microsoft’s co-founder, has consistently highlighted the necessity of prioritizing work. Gates categorizes jobs based on their urgency and importance using the “Eisenhower Matrix” method. This strategy has helped him manage his time properly while also boosting Microsoft’s success.

Implementing these seven behaviors will greatly increase your productivity and propel your startup to success. Waking up early gives you a head start on the day, daily reading broadens your knowledge, journaling aids in self-reflection, mentorship provides valuable guidance, setting daily goals keeps you focused, planning ensures effective time management, and prioritizing tasks helps you work on high-impact activities.

 
By incorporating these behaviors and learning from great entrepreneurs, you can lay a solid foundation for your firm and make steady progress toward your objectives. Remember that success in the startup environment demands discipline, attention, and a dedication to continual progress.

By regularly using these concepts, you may negotiate the difficulties of the startup industry and develop a successful, lasting firm.

Recommended readings

These books provide valuable insights and ideas for personal and professional development, making them required reading for any budding entrepreneur.

  • “The Miracle Morning” by Hal Elrod
  • “Atomic Habits” by James Clear
  • “Lean In” by Sheryl Sandberg
  • “Good to Great” by Jim Collins