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How to Direct Your Entrepreneurial Focus | EMyth

Written by EMyth Team | March 06, 2022

As an entrepreneur, you likely start every day with an endless to-do list. So, how do you prioritize? What’s the most important thing (or things) to focus on? And how do you prevent yourself from fighting fires all day, only to feel like you didn’t really accomplish anything at the end of the day? The key to using your time wisely is all about developing one of the most essential qualities of leadership: discernment.

 

What is discernment? 

Discernment is not just going with your gut instinct on what’s the best, in-the-moment choice for your business. It’s about always keeping your bigger business objective in mind to make the wisest, most practical decisions that realize your objective.

Discernment isn’t something you have to learn—you already make decisions in your business every day. What most entrepreneurs need is to develop discernment by practicing how to be less reactive and emotional, and more objective within yourself—so that you take smarter actions at the right time.

On a recent call, a client told me how overwhelmed he was with the day-to-day demands of his plumbing business. “I have to do the work of the business—I have to get out there on jobs—but I also have to run the business. And I don't know what's more important at any given time because it all feels important.” 

Of course it does. 

And this is how so many entrepreneurs feel because when it’s your business, you want to build something that can grow, you want to help your customers, you want to stand out. So you talk yourself into believing that you’re the only one who can do the work of a business that needs you 24/7.

This way of working in it isn’t how to be the leader that your business needs. But the good news is that the more you grow as a leader, the more room you make for your business to grow. Where you fail to grow, you’ll find that the business also stalls. Discernment is a key element of this growth. 

Approach all work with an Entrepreneurial Perspective

If you’re a Technician at heart—and most small business owners are—you likely spend your days focused on making, selling or delivering your product. This Tactical Work is in your nature. And for Technicians, even though they’re overwhelmed by this work, they're addicted to all the doing. They’re validated by resolving problems and checking things off a list—it gives that experience or productivity, of finishing something.

Entrepreneurial work is Strategic Work. It’s stopping, reflecting, thinking, analyzing. It doesn’t often have the automatic pay-off of a checklist—and it’s not going to feel as valuable because the revenue-generating work feels more productive. But your business demands that you do the work of an owner—unless you want everything that makes your business run to begin and end with you, reliant solely upon how many hours you have in the day. 

When juggling responsibilities, start by asking yourself: Is this Tactical Work or Strategic Work? And little by little, start filling your time with more strategic activities. 

This can be hard because it may run counter to your instincts as a business owner and how you approach your business today. But just test it. When a pressing task or issue comes up, watch how you react—instead of defaulting to what you always do, just stop yourself once and make a different choice. 

I'm not suggesting that you change overnight. Just look for opportunities to grab the strategic, low-hanging fruit. Delegate a client issue to a manager. Step away from day-to-day sales to spend time creating a financial forecast. At a minimum, try planning your day tomorrow, taking 10 minutes to write out all the things you want to do. That small step alone may overwhelm you, but commit to one or two small changes right away.

Pause and ask questions

It’s so easy to be reactive in your business. But remember, your actions translate meaning to your team, clients and community. So when you practice acting with intention, you impact everything around you. 

My client prioritizes handling his plumbing customers' problems immediately—himself, in person. When he told me how stressed this made him, I asked, “But do you really have to be the one to go?” 

Whenever I ask this, the answer is inevitably “yes” because the fear of losing business is real. But in a moment like this, challenge yourself to pause and say, “Do I really?” If the answer is yes, then do it. But give yourself a chance to question your belief—because you’re the only person who’s going to challenge it. You don't have a boss telling you, “No, don't do that.” You're the boss, and you can trick yourself into thinking that anything is important.

That pause is the owner in you being discerning, making the choice knowing that whatever happens next can bring either a good result or a consequence—or both. It’s never as simple as just saying “no”—and maybe you don’t even have to say no, but at least say to yourself, “Okay, the normal me would just run out there and do it. But if I take a minute to think about it, do I need to drop what I'm doing and go? Or can I stick with what I’m working on for 15 more minutes?”  

Prioritize the next best thing you do

Everything can’t be your top priority. So when everything feels important, you have to learn what to do first—and in what order. And if you're so busy running around in the Technician’s mindset, there's no way your business can win.

With my client, I tried to help him work through his overwhelm with one of the oldest tools in this history of self-management: a checklist. I said, “Okay let's make two lists: one with the work you have to do as the guy in the field, and the other as the owner.” 

And by just writing a list, he was doing Strategic Work without even realizing it. Making that list is the thing a true owner does— it’s taking a moment from the tactical stuff to look at all the work and question what’s possible. This is the very first step to prioritizing.

Once you have that list in front of you, choose what your business needs you to do next—rather than what others need from you. Just having that starting place gives you clarity about what you truly need to do in an objective way, without judging whether or not each thing on your list is important—just whether it’s the next best thing to do.

Set limits on your day

I've never met a business owner who said, “Phew! There's no more work to be done today.”

Why? Because for the Technician, there's always something else to do, always something you didn't get to or finish, always something that somebody needs from you. And so, I encourage you to say, “Okay, for today, I’m going to do these seven things today.” And when you’ve done those seven things? Go home. There's always going to be more to do. The Technician just keeps running because the to-do list never ends. 

As a business owner who’s thinking like an Entrepreneur, your to-do list could be strategic enough to say, “I have a mixture of Tactical and Strategic Work to do today, and when I'm done, I'm gone.” An Entrepreneur knows when to recharge.

Because there's always tomorrow. By setting limits, you force yourself to bring others into handling the work that you can’t and shouldn’t. Your business cannot depend upon you being able to work more hours —you'll eventually run yourself into the ground, and the business will only run to the degree to which you can keep working.

The more you practice pausing, asking questions and removing emotion from decision-making, the more quickly it will become a habit of mind, something you do whenever a situation seems two-sided. You’ll gain more clarity about your business and your role in it as its leader—something everyone connected to your business will benefit from.

If you'd like to talk about your business or how to think differently about your own to-do lists, reach out. We're happy to help.