If you are not aware of MarketInvoice they recently raised an additional £7.2m in funding and have unlocked £850m in small business invoices as their core business.
This article explores how Anil manages to be a productivity guru by spending his time most efficiently. I fully recommend reading the full interview. Here are a few points that jumped out:
- Evernote - used to take notes and ensure they are in one place. I personally use notes on Apple devices however I am aware Evernote does a great job at syncing with most CRM systems which can save plenty of time. Only challenge is typing during meetings!
- Google Docs - Used for management reporting and setting agendas. The ability to store working documents in the cloud is a big change in terms of behaviour but I have found it can make you far more flexible in terms of working and best driven by senior management to achieve broad adoption.
- Slack - Communication tool. Interestingly Anil mentions it has become efficient beyond 50 employees. We use a great tool called Flowdock and perhaps when we reach 50 employees it might be time to change! There is also a caveat around the distraction caused through using the tool.
I found the most useful takeaway to be Anil's 'focus chunks' that allows him to concentrate on key tasks such as interviewing and marketing at specific times each week.
Having worked with several of Anil's team you really can sense that his approach is filtering through the company.
These leaders are changing our world for the better. We find out how they get the job done. There are a handful of business leaders and industry figures in Britain who are changing the world. From Lord Jim Knight to Jeremy Waite and Jeff Lynn, these smart people seem to get an incredible amount done, in an impossibly short space of time. This morning we’re talking to Anil Stocker, CEO and co-founder of MarketInvoice, who is undoubtedly a productivity guru. A former Lehman Brothers analyst working on private equity Stocker spotted the opportunity in unlocking the value trapped within the unpaid invoices of small businesses.