How Can Entrepreneurs Better Estimate Time and Effort?
To avoid underestimation, entrepreneurs should:
1. Conduct Detailed Planning: Create a comprehensive business plan that outlines all tasks, timelines, and resources needed. 2. Seek Expert Advice: Consult with experienced mentors and business consultants who can provide realistic estimates. 3. Break Down Tasks: Divide larger projects into smaller, manageable tasks and estimate each one individually. 4. Use Project Management Tools: Utilize tools like Gantt charts and Kanban boards to track progress and adjust timelines as needed.