Entrepreneurs Are Losing 1.5 Hours Every Day to 'Wasted Time' — and a New Productivity Killer Is Emerging. Are You Guilty of It? Small business owners report they're losing nearly three weeks of productivity each year to "wasted time."
By David James Edited by Jessica Thomas
Key Takeaways
- Small business owners lose approximately 1.5 hours daily to unproductive tasks, accumulating to more than three weeks of lost productivity each year.
- Using four or more apps daily is hampering efficiency and contributing heavily to wasted time among entrepreneurs.
- Despite the generational divide, technology adoption is on the rise among small business owners aiming to streamline processes and bolster productivity.
Entrepreneurs across all generations are losing weeks of productivity each year to "wasted time," according to new research.
The survey polled 2,000 U.S. small business owners, evenly split across generations, and revealed that the average respondent loses one hour and 36 minutes each day to tasks they deem unproductive.
This "wasted time" adds up to over three work weeks annually for small business owners.
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