5 Ways to Leverage Your Time (Like Great Entrepreneurs Do) From proper focus to productive partnerships, make the most of your working hours.

By Daniel Priestley

Opinions expressed by Entrepreneur contributors are their own.

Morsa Images | Getty Images

Have you ever said, "I wish I had more time" or, "I just don't have time to do all the things I want to do"? I'm sure we have all felt that way when the pressure's on, but here's the thing: Time is not linear when you're in business. Complaining about time is about as pointless as complaining about gravity; it's a universal constant. The one thing you have in common with Elon Musk and Richard Branson is that you get 24 hours in a day.

With that said, the world's most successful entrepreneurs seem super-human in their ability to achieve a lot in a small window of time. They are masters of leveraging time to its full capacity. Here are five ways you can better leverage yours.

Related: 15 Time-Management Tips for Achieving Your Goals

1. Having a solid team

When you have 10 people on a team, you have 70 hours a day going into the operations of your business. You personally might not have time to make sales calls, follow up with clients and do admin, but someone else will. Better still, when teams form well, there's a mystical added level of productivity that happens. A team of 10 people can often do 15 times more than any one person acting alone. The team you have today has taken you this far, and in order to achieve more, you must look at building and developing your team to harness the time of others towards the vision of your business.

2. Digital assets

Software, media and content transcends time and space the moment you put it online. If you record a podcast and it takes up three hours, but 300 people listen to it, your time has been leveraged 100 times over. Have you ever done business with someone because you got to know about them from videos, books or blogs? These assets are created once and then go to work day in, day out. The same is true for software and data. Often, a piece of software or the right data can make you and your team more efficient by a few hours a week.

3. Productive partnerships

Image a person who spent five years developing a product forges a partnership with someone who has spent five years building a following. The person with the following runs a campaign to their followers and launches the valuable product. Both parties achieve their goals by leveraging the time of the other. Someone woke up today with a resource your business needs, so rather than trying to create it yourself, go out and partner with them and save time.

4. Adopting best practices

Avoiding trial and error is possibly the biggest time-saving hack there is. It takes years to discover a strategy, technology or method and only a few days to learn and apply it. It took hundreds of years for the first "lighter than air" flight, and within 75 years, rockets were sending people to the moon. As soon as you build on top of best practices, you leverage the time of other great thinkers.

Related: Time Management Is Really Life Management

5. Knowing where to focus

Have you considered that the things you spend your time on could possibly be fairly irrelevant to your long-term success? Recently, a billionaire spoke at one of our Dent events, and his main message was to spend more time deciding on what to be focused on. All that time on social media, responding to emails or attending certain events might be irrelevant to your ultimate goal of successfully exiting your business or making a record profit.

Focus on leveraging time in these five ways and you'll still be busy, but you'll be achieving more than ever towards the goals that matter to you. Having seen more than 3,000 of my clients follow this guidance, I have witnessed the speed at which their businesses take off and rapidly reach their original vision.

Wavy Line
Daniel Priestley

Entrepreneur Leadership Network Writer

CEO, Dent Global

Daniel Priestley is the author of four best-selling entrepreneurship books. He's the co-founder of Dent Global, a leading business accelerator and marketing tech platformScoreApp.

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Business News

'The Last Straw': Customers Furious as Netflix Begins Charging Accounts for Password Sharing

The announcement is long-anticipated — Netflix has been threatening a crackdown since last year.

Business News

'Iconic': Woman Defies Wedding Food Budget by Ordering Chili's for Guests

TikToker Madison Mulkey is going viral for her savvy spending decision.

Business News

The Virgin Islands Want to Serve Elon Musk a Subpoena, But They Can't Find Him

Government officials would like to talk to Tesla's owner as part of an investigation into the Jeffrey Epstein case.

Growing a Business

My Startup Scored a Multimillion-Dollar Contract With a Fortune 100 Client in Just 3 Years. Here's What We Learned.

There's no perfect litmus test to gauge if you're ready to go after big business or not — but if you don't take the risk, you'll never realize the reward.


5 Questions to Ask a PR Pro Before Hiring Them

You probably haven't considered asking these questions, but they're a great way to find the right PR firm for your business.