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Project management and overall control for entrepreneurs Every day, we see 100s of new startup launching and 100s of them closing within few months of
Every day, we see 100s of new startup launching and 100s of them closing within few months of their launch. There is endless reason why a startup fail or success. However, the one important thing to note is – every startup has a founder who is considered the entrepreneur when the business gets a remarkable success. Entrepreneurs have their own challenge to grow the startup from the ground up.
Without a better planning, documenting and execution, an entrepreneur life will become a hell. An entrepreneur is the key person in that startup and if he is not focused then everything will be distracted and so the result will be.
In order to organize an entrepreneur’s projects, goals and tasks, there needs to be a highly effective, time saving, powerful project management system in place. This will help entrepreneur to manage all his projects, milestones and tasks and see how everything is progressing.
Before suggesting the best project tracker, let us first understand what the core responsibilities of an entrepreneur are:
There are 100s of different project trackers in the market. Some of my personal favorites are Clickup, Teamwork, Asana, Basecamp and Monday.
However, all these project trackers lack when it comes to personalization based on the entrepreneur’s requirement. All these project trackers are based on the requirements of general users, however, entrepreneurs need some special features and tools that make their startups perform more, grow better.
My special suggestion for a project tracker for entrepreneurs would be Siddhify. Its not because I am from Siddhify and promoting this product, its because Siddhify is the only project collaboration tool which helps you do all the above requirements I mentioned in this article.
In Siddhify, you can create different projects based on their different categories they belong to. For example, you can create a dream financial project which is your startup, as well you can create other personal and professional projects related to health and fitness, family and wellness, vacation and trips, materials wanted, social and society, love and romance and so on.
You can create simple as well as advanced goals in Siddhify. Goals are also known as milestones. While you can create simple goals for your simple projects, you can also create detailed goals based on quarters and years involved in the project. Goals also allows you to set reward for yourself on achieving the goal. For example, you can set a goal to reduce 20 pounds weight in 3 months and then you can set a reward to buy a Ray Ban sunglasses for yourself when this goal is achieved. This feels like achievement.
This is the one of the most important, crucial part of this project tracker. You can create as many tasks as you want, attach them to specific dreams and goals, delegate to a sub user, assign tags, set deadlines, create one time or repeated tasks and lots of other features. You can also comment on a task which will be visible to the sub user of that task.
Based on your dream, goals and tasks, system allocates you scoring. You get the score when you achieve something or perform something.
Based on your routine based tasks, system tracks your performance and awards you different awards. For example, if you read books on regular basis, you get an award, if you run for x kilometers for n days, system awards you an award and so on.
Entrepreneurs often have hard time in knowing their net worth and the current financial status. With net worth module you can manage your assets, liabilities, your net worth goal etc. You can also set different buckets for different projects. For example, if you want to setup a bucket for a vacation, you can do that.
A very detailed analytics and reporting system to help you in decision making.
Project management and overall control for entrepreneurs
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