Productivity: How And Why Should It Be Increased?
Personal productivity is the relationship between production and time. To increase it is to gain either time or production.
Productivity is generally the number one issue for entrepreneurs or freelance workers.
Creating maximum value in a minimum time is often one of the fundamental keys to a competitive and profitable business, but also to better managing one’s time and resources in one’s personal, family, and leisure life.
While setting challenging goals can help you work more efficiently, a real gain in productivity usually involves reorganizing your work and time.
Your productivity is not measured in dollars
Increasing productivity is not just about making more money.
Money is only a means, a fuel to carry out your projects. It is not an end in itself.
While setting monetary goals can help you be more productive, having more concrete goals is much more stimulating.
Of course, all this is convertible into foreign currency, but earning money without knowing what to do with it is much less motivating.
As such, it is important to know why we are working.
Similarly, you can divide your entire schedule according to your expenses by considering that one of your clients allows you to pay your rent, that another pays your lunch or dinner, that one task will pay for your dinner tonight.
After you calculate all your expenses and reduce them to a daily average, you will become more aware of the value of each task, which will motivate you even more.
Consolidate your tasks for more productivity
An increase in productivity often requires a reorganization of tasks. You may have adopted this technique at the school by choosing topics for your presentations that can “stick” to several subjects.
For example, if your history teacher asked for a lecture on the theme of the Renaissance, your music teacher for work on an instrument and your technology teacher a study on the manufacturing of an object, the easiest subject to work on would be «the processing of a music recorder during the Renaissance.
By doing research for three subjects that have a common core, you could significantly reduce your workload, but also produce high-quality work since the discoveries you made for each theme were enriching for the other two.
Even if you have left the school benches, continue to group your tasks around this model. Limit your area of expertise.
Additionally, try to specialize in a specific activity to limit the need for equipment and skills.
Try as much as possible to «scale» your activity, that is to say, to have a business model in which a job on your part can be sold several times.
For example, writing a book requires more effort than giving a lecture or training.
However, it can be sold millions of times without you providing any more effort, especially if it is an e-book.
Do not hesitate to eliminate time-consuming tasks that bring you little pleasure or profit.
According to Pareto’s law, 80% of our profits are provided by 20% of our work (this law of 80 – 20 applies to many other areas).
Identify in your work as in your personal life the 20% of the most effective activities and focus on them.