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.
Commissioned by Slack and conducted by Talker Research, the survey revealed the top time-wasters that respondents deal with.
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These include non-work-related distractions (57%), procrastination (47%) and the seemingly endless wait for status updates (28%).
But a new productivity killer is emerging: context switching between multiple apps and tools (17%). With the average entrepreneur surveyed juggling four different digital tools daily — and nearly a third of them using five or more digital tools — the cost of tech fragmentation …