A new survey commissioned by Slack and conducted by Talker Research reveals some time-wasting things entrepreneurs have to deal with everyday which make them less productive. The survey was conducted among 2000 US small business owners. It found out that respondents waste one hour 36 minutes of their time daily on non-productive things. It makes about 3 weeks per year for these small business owners.
According to the survey, the biggest time-wasters for them are non-work related distractions (57%), procrastination (47%) and waiting for status updates (28%). Another emerging productivity killer is switching between different apps and tools (17%). The survey found out that an entrepreneur switches between an average of four digital apps daily, while one-third of them use more than five digital apps.
29% of the respondents in the survey said that they waste their time while repeating messages on different platforms, while three in one waste time while searching information in the wrong places. There was also a survey among different generations to find out how entrepreneurs from different generations manage their times daily. 47% of the Gen-Z respondents said that they are excellent in managing their time efficiently, compared to 33% of millennials, 25% of Gen-X and 24% of Baby Boomers who said so. 69% of overall respondents said that they manage their productivity by focusing on what’s important in their work.
Many small business owners are also working on technology with 59% of entrepreneurs introducing new technologies to their businesses this year, 62% are aiming to simplify their tasks, 59% of them are looking for ways to save their time and 51% are planning strategies to improve their products and services.
It is great to see that despite many challenges and time-wasting activities, entrepreneurs are still looking for ways to make themselves more efficient and to create a work environment that can make them more productive. Once they learn to manage their time, they will be closer to success.
Read next: Is Your Business Next? 47% of Companies Hit by Deep Fakes, 70% Fear the Worst!
According to the survey, the biggest time-wasters for them are non-work related distractions (57%), procrastination (47%) and waiting for status updates (28%). Another emerging productivity killer is switching between different apps and tools (17%). The survey found out that an entrepreneur switches between an average of four digital apps daily, while one-third of them use more than five digital apps.
29% of the respondents in the survey said that they waste their time while repeating messages on different platforms, while three in one waste time while searching information in the wrong places. There was also a survey among different generations to find out how entrepreneurs from different generations manage their times daily. 47% of the Gen-Z respondents said that they are excellent in managing their time efficiently, compared to 33% of millennials, 25% of Gen-X and 24% of Baby Boomers who said so. 69% of overall respondents said that they manage their productivity by focusing on what’s important in their work.
Many small business owners are also working on technology with 59% of entrepreneurs introducing new technologies to their businesses this year, 62% are aiming to simplify their tasks, 59% of them are looking for ways to save their time and 51% are planning strategies to improve their products and services.
It is great to see that despite many challenges and time-wasting activities, entrepreneurs are still looking for ways to make themselves more efficient and to create a work environment that can make them more productive. Once they learn to manage their time, they will be closer to success.
Read next: Is Your Business Next? 47% of Companies Hit by Deep Fakes, 70% Fear the Worst!
