Alex Lopez on April 18, 2017
Five Things You Must Do Every Day for Your Business
In his book Tools of Titans, Tim Ferriss studies the daily routines and habits of some of the world’s most successful entrepreneurs. After reading it, one thing becomes abundantly clear — there’s a correlation between performing certain daily tasks and long-term achievement. Here are five daily habits that will help you get ahead in business.
1. Analyze Key Metrics
Analytics are deeply intertwined with modern enterprise. The companies that thrive are typically the ones that keep close tabs on metrics spanning multiple areas of business. Some good examples include:
- Website traffic and visitor behavior
- Marketing campaign performance
- Sales trends
It’s smart to spend time each day going over the metrics that most impact your business and make adjustments as needed.
2. Check the Progress of a Major Project
Your company is likely to have a particular project going on that takes precedence over all others. Maybe you’re working on a crowdfunding campaign to obtain capital for a new product launch. Or maybe you’re implementing new CRM software. Whatever the case may be, it’s crucial that you check on the progress daily to see if any areas demand your attention.
3. Learn Something New
We live in a dynamic and often tumultuous world where change is the only constant. This is especially true for industries like healthcare, tech and retail that experience an immense amount of change. One of the best ways to stay current is to simply learn one new thing a day. It doesn’t require a massive time investment but can have a huge payoff.
This quote from Joe Carlozo summarizes it perfectly:
~ If you learn one new thing every day, you will overcome 99 percent of your competition.
At first thought, it may not seem like physical exercise would have an impact on your business performance. However, research from The Harvard Business Review suggests that regular exercise can positively impact productivity and overall workplace performance.
More specifically, it can lead to:
- Improved concentration
- Sharper memory
- Faster learning
- Prolonged mental stamina
- Enhanced creativity
- Lower stress
This isn’t to say to that you need to spend hours in the gym each day. If you don’t have the time to engage in a regular exercise regimen, you can always fit in exercise at work.
5. Question Assumptions
As humans, we have intrinsic assumptions about the world and often take reality at face value. This can lead to a dogmatic way of thinking that isn’t always conducive for breakthroughs.
Another trait among the world’s top entrepreneurs and billionaires is routinely questioning assumptions. Just because something has always been a certain way for years and years doesn’t mean that it’s right or most effective.
Once you free yourself from self-imposed limitations, you might be surprised at what seems possible. Spend some time questioning assumptions and it’s only a matter of time before you have some brilliant insights.
Getting into the right habits can facilitate positive personal change that ultimately leads to the growth of your business. These five daily habits can have a profound impact on you as an individual and on your business.