Task Management – Boost Productivity with Daily MITs

Most Important Task (MIT) is a task that sets you on the path towards achieving your goals. Boost your productivity using the MIT-s Task Management Method.

Do you feel that your life has become an endless to-do list with tasks? And it gets longer and longer no matter how much time you spend working on those tasks? Are your tasks like the Hydra from Hercules – once you finish one, three new ones come in its place? Do you spend most of your day getting one “urgent” task done after the other? If yes, then you badly need task management skills.

Task management means managing a task through its life cycle – planning, testing, tracking and reporting. They help individuals achieve their goals and groups to collaborate and accomplish collective goals. Tasks have different complexity (from low to high), different priority (from low to high) and different urgency (from low to high).

Most Important Tasks (MIT) is a method for task management of selecting the most important tasks for the day and making sure that they get done. This way you can concentrate on the tasks which would bring the most value to you.

Continue reading “Task Management – Boost Productivity with Daily MITs”

Communication Skills – How to Avoid Miscommunication in the Workplace

Improving your communication skills and learning how to avoid miscommunication lead to increased performance in the workplace and better career overall.

Communication skills is another basic field that every entrepreneur should master. Even more, communication skills are required for every human in order to get something from the others. People have been communicating for the past thousands of years. But the way they do it and the theory behind it have not changed that much. Unfortunately, most people do not take time to explore and study the concept.

Miscommunication is when two people have a conversation but come out with different understanding. For example, you send an email to a colleague, requesting a document. Instead, you do not receive anything and he uploads the document to the shared server. You both did your job, but you do not get what you wanted. Or, when you reserve a resource that is important for your project but it is not there when you need it. I am sure you can think of many more examples.

Communication theory is a part of information theory that studies how information is transferred between two people. The process is simplified and includes only two actors (sender and receiver). They transfer a single message between themselves. In practice, communication is a lot more complex, but the basics found with that simplified model are still valid.

Continue reading “Communication Skills – How to Avoid Miscommunication in the Workplace”

Communication Skills – Using Communication Theory to Improve Your Success

Describes communication theory and how you can use it to improve your communication skills and your success with professional and personal relationships.

Communication skills is another basic field that every entrepreneur should master. Even more, communication skills are required for every human being in order to get something from the others. People have been communicating for the past thousands of years. But the way they do it and the theory behind it have not changed that much during that time. Unfortunately, most people do not take time to get familiar with the concept and to study the way people exchange information.

Communication theory is a part of information theory that studies how information is transferred between two groups of humans. Like in any other scientific study, the process is simplified and includes only two actors (sender and receiver). They transfer a single message between themselves and it travels through a medium. In practice communication is a lot more complex, but the basics found with that simplified mode are still valid. Improving your communication skills could lead to more successful career and relationships.

Continue reading “Communication Skills – Using Communication Theory to Improve Your Success”

Emotional Intelligence – 10 Ways to Improve Your Self Awareness

Self awareness is the first step of emotional intelligence. It teaches how to identify your emotions and be aware of them, their triggers and their impact.

Emotional intelligence is the skill to be aware of, control and ultimately express emotions. The latest studies suggest that EQ (emotional intelligence quotient) is more important than IQ (intelligence quotient) for succeeding in work, life and having a better health in general. By mastering it, you could be aware not only of your own emotions (and therefore drivers), but also of the emotions of the people around you (and therefore guide them and in general benefit from the extra information).

Self-awareness is the first step (out of four) in improving your emotional intelligence. This skill allows you to spot your emotions as they arise (and not after their devastating effect). It also helps you to anticipate the upcoming emotional reaction by defining and being aware of the things that drive you towards those emotions.

Continue reading “Emotional Intelligence – 10 Ways to Improve Your Self Awareness”

Balance Sheet – Explanation and Examples

Learning the basics of accounting is an important step for every entrepreneur. This article describes the balance sheet and gives a example of filling one.

Balance sheet is one of the most important terms in accounting. If you ever want to have your own company, you should learn about it. If you ever want to evaluate a company, you need to know how to read it. In any case this knowledge is important to anybody who wants to be an entrepreneur.

In this post I am going to describe what is a balance sheet and I will give an example that explains how and when you make changes of the balance sheet. This post is for you if you are interested in general knowledge in accounting. If you are already familiar with even basic accounting, you would not learn anything new here.

Continue reading “Balance Sheet – Explanation and Examples”