Maynard Webb’s time management tip: Focus on anchor tenants

p 1 anchor clients

Editor’s Notice: Every week Maynard Webb, former CEO of LiveOps and the previous COO of eBay, will supply candid, sensible, and generally shocking recommendation to entrepreneurs and founders. To submit a query, write to Webb at [email protected].

Q. I’m having bother determining learn how to handle every thing. I’ve loads going on that’s essential to me and I’ve lots of incoming requests—some really feel like obligations and a few appear attention-grabbing. I’m unsure what to focus on or prioritize. 

Harried government in yr two of Covid

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Expensive Govt, 

There’s no scarcity of issues the world desires from you and needs you to do. In case you are not cautious you’ll get pulled. There’s a stability to dedicating time and a spotlight to issues it’s important to do whereas saving time for serendipity that may open up issues that will be participating and enjoyable.

I attempt to guarantee I allocate the time and assets on issues that matter most to me. I consider these as anchor tenants, like the massive retailers in buying malls that took up essentially the most house, captured the biggest consideration, and generated the best returns. By naming your anchor tenants you already know what to focus on first. For instance, my high three anchor tenants are my household, the Webb Funding Community, and the corporate boards I serve. There are different issues which might be additionally essential to me like my basis and my writing that I dedicate constant time to.

What are your anchor tenants that can get your consideration first? And what two to 3 different areas are your priorities? Defining this can allow you to handle what’s most essential. 

One factor to notice: these items change with time. Whereas what you may have outlined as your anchor tenants are high precedence for a time, generally it may be transient. There are issues that occur that demand your consideration, however that might be momentary. I just lately skilled this once I made a change with an organization I used to be partnering with for an essential service. The seek for a brand new staff was consuming on many ranges however as soon as it was solved it freed me as much as focus on different essential issues. 

Finally you need to have the ability to get to a gentle state—it’s nice to have the ability to spend just a little little bit of time on issues and make progress and not using a Herculean quantity of effort. This allows you to focus on different priorities and might even open time so as to add one other anchor tenant. 

You possibly can’t do every thing, however you may have capability to do greater than you could assume you are able to do. Begin by focusing on what’s most essential proper now. Subsequently, it’s important to be even handed in deciding what’s an anchor tenant and booting the issues that have been as soon as priorities or soul meals however now not are. It’s about prioritization; don’t really feel badly about saying no to issues you’ll be able to’t do. It’s the liberty to let you do one thing else—one thing that you just’ve outlined as extra essential and significant. 

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