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Why time management matters for entrepreneurs and how to do it?

Choose 2 tasks per week to delegate, block 90 minutes each day for deep work, and track your wins.
Kalimati fruit and vegetable market | Image: RSS

In Nepal, many MSMEs operate with minimal staff, limited automation, and high administrative burdens. Time isn’t just a resource—it’s often the biggest barrier to scale.

Effective time management isn’t about doing more; it’s about doing what matters most. Entrepreneurs who learn to manage time well can avoid burnout, streamline operations, and make room for strategic growth.

“The secret of success is focus. If you divide your attention into too many small things, you lose sight of the goal.” — Common advice from top Nepali business mentors

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2. Common Time Challenges Faced by MSMEs in Nepal

  • Multitasking overload: Business owners often act as manager, accountant, marketer, and delivery person all at once.
  • Manual processes: Paper-based bookkeeping, attendance, and inventory systems consume valuable hours.
  • Unexpected disruptions: Load-shedding, internet issues, and supply chain delays force frequent rescheduling.
  • Poor delegation: Reluctance to delegate tasks slows down decisions and overburdens the entrepreneur.
  • Lack of planning tools: Without calendars, schedules, or task lists, urgent issues dominate every day.

 

3. Actionable Time Management Strategies

A. Prioritize with Purpose

Use the Eisenhower Matrix to divide tasks into four categories: Urgent & Important, Important but Not Urgent, Urgent but Not Important, and Neither. Focus on tasks that are important but not urgent—these are your growth drivers.

Apply the 80/20 Rule (Pareto Principle): Identify the 20% of your activities (like high-ticket clients or top-performing products) that bring 80% of your results.

 

B. Create a Time Budget

Just as you plan financial budgets, start your week by blocking time for essential categories: operations, planning, marketing, rest, and meetings. Set a 1-hour window every week to reflect and plan the next week.

Tip: Use Google Calendar or a printed weekly planner that breaks days into hours.

 

C. Delegate with Structure

Assign specific responsibilities to staff or freelancers. For instance, assign invoicing to one person, customer follow-up to another.

Build systems, not just habits. Document processes like “How to record a sale” or “How to handle a supplier query” so tasks can be handed off efficiently.

 

D. Adopt MSME-Friendly Digital Tools

  • Task Management: Trello, ClickUp, or even WhatsApp groups for task updates.
  • Finance Tracking: Tally, Hamro Patro Business, or custom Excel sheets for billing & expenses.
  • Inventory: Google Sheets with mobile access for small retail stores.
  • Appointments & Meetings: Calendly or Google Calendar reminders.

 

E. Use Time-Blocking and Deep Work Sessions

Block 90-minute focused work sessions for tasks that require high attention (e.g. marketing strategy, client proposals).

Switch off phone notifications, disable social media tabs, and focus on one task. Track how much time it actually takes—then optimize it.

“You don’t need more time—you need fewer distractions and more clarity.”

 

F. Master the 2-Minute Rule

If a task takes less than 2 minutes—like replying to an email, signing a voucher, or confirming an appointment—do it immediately instead of postponing.

 

G. Build a Time-Conscious Team Culture

Time management is not only a personal skill—it’s a business habit. Train your team to respect deadlines, prepare agendas before meetings, and track how long tasks take.

Hold short weekly stand-ups (15 minutes max) to align on goals, blockers, and tasks.

 

4. 4-Week Action Plan for Time Efficiency

Week Action Step
Week 1 Audit how you spend time. Track tasks for one week and identify time-drains.
Week 2 Apply Eisenhower Matrix daily. Start time-blocking your most valuable 90-minute task each day.
Week 3 Delegate or automate one task. Try a free tool (Trello, Google Sheets) to improve visibility.
Week 4 Hold your first 15-minute weekly team review. Measure outcomes and refine your time plan.

Time Management for entrepreneurs

Time isn’t just money—it’s momentum. Whether you’re running a hardware store in Pokhara or an e-commerce startup in Kathmandu, managing time wisely is the key to sustainable growth.

Start small: Choose 2 tasks per week to delegate, block 90 minutes each day for deep work, and track your wins. A month from now, you’ll be running your business—rather than being run by it.

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Kalimati fruit and vegetable market | Image: RSS

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