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Tactics to manage two businesses simultaneously

Being an entrepreneur, it can be difficult to run numerous businesses because you need to be more focused. Shawn Sharma who is the CEO of multiple companies provides some tips that can help newbies to execute several businesses at the same time.

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Tactics to manage two businesses simultaneously

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  1. Tactics To Manage Two Businesses Simultaneously Shawn Sharma

  2. Being an entrepreneur, it can be difficult to run numerous businesses because you need to be more focused. Shawn Sharma who is the CEO of multiple companies provides some tips that can help newbies to execute several businesses at the same time.

  3. Lighten the workload for your second venture. This entails abandoning the idea of operating as a lone entrepreneur and teaming up with one or two capable business partners. You can lessen the physical, time, and mental obligations you must individually bear by sharing the needs of the second firm with other proprietors. Select a schedule. Work will occupy any available space. If you could work more than five hours a day, I'd be amazed. Output, not hours, is what counts in knowledge labor. Numerous studies support the idea that real creative and intellectual work shouldn't be done for longer than 4–5 hours each day. Although it's not as high, you can work a little bit more on administrative tasks, etc.

  4. Be Mindful and prioritize tasks You cannot passively approach time management. It must be a deliberate decision. Do what needs to be done, and the rest will wait. You will find a way to fill a 16-hour workday if you allow yourself that much time. Select the best team. The longer I run numerous businesses and the older I grow, the more I realize that hiring and compensating for highly competent staff is preferable- Shawn Sharma. Previously, I discovered that employing less competent, lower-paid workers necessitated a more hands-on management style, causing me to spend an excessive amount of time working on my business rather than on it. 4

  5. Store your documents online. I have three offices: my main office, the car dealership, and my home office. On any given day, I typically need to access files for more than one company. As a result, I decide to store my data in the cloud, and I use the same software package on all three of my desktop PCs to access those files. Additionally, I have that program set up on my laptop so I can view work documents while I'm on the go. 5

  6. THANK YOU FOR WATCHING 6

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