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I have always been an avid note taker and I’ve discovered the best note taking methods for entrepreneurs.

Which I want to share with you today.

Taking notes has become a habit.

I always carry my trusty moleskine and pen with me everywhere.

Why I take notes 

My notebook helps me take notes during client coaching sessions, write down inspiring headline I’ve seen, capture insights from seminars and captures my ideas.

This note taking method helps me get things out of my mind and down on paper.

It also inspires me to take action on the things I’ve written down.

Note taking become my ‘creative reference point’ that I can take action from, refer back to and build ideas from.

It helps me improve my time management skills, increase my focus and boost my productivity.

In this article, I’ll share the best note taking methods for entrepreneurs, outline the importance of taking notes and showcase the best note taking methods.

If you’re inspired to start note taking, it can become a creative and productive habit.

Successful note takers

The art of note taking is a common habit among the world’s most successful entrepreneurs and business people.

Discovering the best note taking methods for you can help you organise your thoughts and record vital information in every area of your business and life.

Richard Branson believes everyone should be taking notes and carries a notebook with him everywhere.

He credits note taking as one of his most important habits.

“I go through dozens of notebooks every year and write down everything that occurs to me each day, an idea not written down is an idea lost. When inspiration calls, you’ve got to capture it.” – Richard Branson

Other successful people who make notes  

  • Thomas Edison – During his life Thomas Edison captured over 5 million pages of notes. His note taking skills were developed to ensure that everything useful or important was captured and recorded so it could be referred back to as a powerful memory aid.
  • Bill Gates – According to many reports, Bill Gates is a big note taker and prefers to use a yellow notebook and pen to capture important information.
  • George Lucas – The Star Wars director kept a pocket notebook with him at all times for writing down ideas, thoughts and plot angles.
  • Tim Ferriss – Entrepreneur and author Tim Ferriss’s devotion to handwritten notes allow him to remember the most important parts of his life. He is quotes as saying “I trust the weakest pen more than the strongest memory.”

Other notable note takers from past and present include Ernest Hemingway, Mark Twain, Pablo Picasso, Sheryl Sandberg, J.K. Rowling, Bruce Springsteen and Aaron Sorkin.

Why note taking methods are important

Taking notes is an essential part of success in business and life.

It can help you improve how you listen, learn, visualise and create.

“The best leaders are note-takers, best askers” – Tom Peters

But for many, note taking is still not a common practice despite its many benefits.

There are several benefits of note taking:

  • Help you engage with the content at a deeper level in a meeting, lecture or event and not lose concentration.
  • Help you to make links between related thoughts and ideas.
  • Allow you illustrate your notes to suit your personal style and help recall information.
  • Help you summarize information.
  • Let you make notes of anything you want to understand further or go deeper on at a future date.
  • Help you capture simple thoughts or ideas that could be lost.

We can’t remember everything 

Think about it:

Are you really going to remember everything?

Wouldn’t it be more beneficial to simply write down what you’re hearing, learning and thinking?

The habit of note taking can be developed and has a huge upside.

Now, there are many apps that can be used for note-taking from Evernote to OneNote and many more.

But the most successful people I’ve mentioned above also had another thing in common:

They used a pen or pencil and paper to write down their notes.

I, as mentioned earlier, prefer the pen and notebook method as it feels like the notes mean more, being written down.

The best note taking methods for entrepreneurs

Here are 10 benefits of note taking for entrepreneurs.

1. Free you up from information overload

We have so many things going through our mind at any one time that it’s easy to get overwhelmed.

So, write down all of your ideas, thoughts, frustrations, to do lists until they are all out of your mind and written down.

You can then spend some time putting the notes in some kind of order and deciding which thing or project will get your attention.

2. Make you a better listener

When you engage in listening, whether in a meeting, at a seminar or meeting friends, your brain is tuned to record and remember things.

Rather than the information be something that you hope to retain in your minds “I need to remember that”, you can make notes and continue to listen.

Rather than trying to remember what you’ve heard, you can make a quick note and carry on listening.

3. Make things feel more real

Something almost magical happens when I take notes. The words take on a new power and it helps me ensure that I take action as my brain is fully engaged.

Taking notes for the sake of taking notes isn’t really going to help you.

Turning the notes into actionable ideas is what really matters.

4. Tune your mind to capture important information

When note-taking begins to become a habit, it will start to feel natural to make notes during meetings, networking events, seminars and workshops etc.

A simple note or idea could turn into something much bigger.

Richard Branson has said that if he had never taken notes, then many of Virgin’s companies and projects would never have started.

5. Improves your memory

Humans tend to lose almost 40% of new information within the first 24 hours of reading or hearing it.

So, effective note taking can help you retain and retrieve almost 100% of the information you receive.

When you take handwritten notes, you are writing and organising as you’re thinking, which forces your thoughts to process the information in a deeper way.

6. Help you better organise your thoughts

One challenge people have with note taking is to be able to organise them in a way that you can refer back to them later.

Note taking on its own isn’t enough. You have to revisit the notes and cement the important information in your mind.

If the notes are all over the place this is hard to do. To make this process simpler, you can keep all of your notes in the same place, keep the same format and review your notes on a weekly or fortnightly basis.

7. Improve your focus

When you have a notebook and pen with you, you become more active and engaged in your environment.

You’ll focus more and pay more attention — a thought, quote, idea or learning experience.

When you develop note-taking skills, you become more engaged, pull out and note down the information you want to capture.

You can then sift, sort and organise your notes to enhance your learning experience or pull out thoughts to develop into bigger ideas.

8. Train you to capture only what matters

Note-taking moves us away from transcribing everything that we hear in a meeting, coaching session or classroom.

With a pen and notepad at the ready our mind begins to tune in to the things or ideas that matter.

We become able to filter out the ‘noise’ and focus in on the most relevant points, or keywords or ideas that we can build on later or refer back to.

9. Help you ask better questions

If you’re in a meeting and you’re fully engaged and taking notes, your mind can begin to open up and your thought process widens.

You begin to see connections that you might miss if you hadn’t jotted down a specific note.

This helps you ask better questions as you may need something to be clarified further or it has opened up a new idea that you want to explore further.

10. Help you achieve your goals

A number of studies show that the process of taking notes helps people to boost learning and achieve their goals.

One of Brian Tracy’s core philosophies for goal achievement is writing down your goals as we are more committed to what we write down versus what we say.

Dr. Gail Matthews, a psychology professor at the Dominican University in California, recently studied the art and science of goal setting:

She discovered, through group research, that those who wrote down their goals and dreams on a regular basis achieved those desires at a significantly higher level than those who did not.

She found that you become 42% more likely to achieve your goals and dreams, simply by writing them down on a regular basis.

How to make taking notes a habit

Making note-taking a habit can make you more focused, more productive and more creative.

It can help you capture all of your thoughts, ideas and retain information that can set you up for success.

But how can we create a note-taking habit in our daily lives to ensure that it works equally well in the boardroom, meeting room, classroom or wherever you’re spending your time?

1. Invest in a notebook

Spend a bit of time finding a notebook that you love. Notebooks come in all shapes, sizes and colours, so it’s about finding the one that works for you.

I use a mixture of moleskins and leather bound notebooks from Florence.

If you don’t want to get that notebook out and write in it, then it will stay hidden.

2. Keep your notes in the same place

To ensure your notes are organised and easily referenced, then keep them in one place.

You may choose to have a notebook for different situations and learning experiences. One may be for ideas. You may have one for the office and for meetings. Another could be for personal development.

I personally keep all my notes in one place but they are clearly headed and indexed so I can refer back to them easily.

3. Carry a notebook with you

The simple act of carrying a notebook with you will inspire you to take notes.

Try this:

Have a notebook with you for 21 days and see when and where you are taking notes and when you’re not.

This will ensure you have your notebook handy for the meetings, activities and opportunities that matter.

4. Use the best note taking methods

Many of us have different note taking styles, so find one that suits the way you think and that ensures you get the maximum benefit from the notes you’ve taken.

A one-word note or thought can be just as powerful as a more detailed overview of a meeting.

A few note taking methods you can explore further and try out include:

5. Keep the same format

Once you’ve found a method and system that works for you, stick with it and amend it as you go along to your own personality.

If you chop and change styles, it will be more difficult to retrace and decipher your notes effectively at a later date.

One key to follow is to ensure that the notes page is dated and a headline or key topic is shown at the top of the page.

If you are creating different symbols or letters as a reference point e.g. M for Meetings, ensure this is included as well.

6. Review your notes

You may find it hard to find the time to revisit your notes but it’s important that you do.

Set time aside to review your notes, ideally within 48 hours of making them.

If you leave your notes gathering dust for a week or so after taking them, your recall won’t be as strong and you will be less inclined to take action on them.

Some notes will bring up further questions, some will require further thinking time and others won’t be a priority right now.

By taking the time to review them, you are always being proactive rather than reactive.

7. Take action on your notes 

One of the keys to building a successful habit is that you achieve some form of success, however small.

This success builds momentum and helps you develop and grow every day. It also ensures that the habit sticks.

As Richard Branson said:

“Go through your ideas and turn them into actionable and measurable goals. If you don’t write your ideas down, they could leave your head before you even leave the room.”

The bottom line

Note-taking is one of the keys to success for many high level entrepreneurs.

if you can make it a habit, you would make better decisions, solve problems better, be more creative, increase your learning and improve your productivity.

It may take a lot of discipline to make note-taking a habit in your daily life; but once you find a process that works for you, the benefits could be huge.

This is an edited and updated version of an article I wrote for Lifehack

Over to you.

Are you a note taker or journaler?

What’s your best tip for taking notes?

Let me know in the comments.

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Mark Pettit Administrator
Strategic Business Coach , Founder, Lucemi Consulting
About the Author Mark Pettit is a leading 1:1 business coach to ambitious entrepreneurs who want to free themselves up to jump to the next level of time freedom and business growth. He is the founder of Lucemi Consulting, a coaching and consulting company. Visionary, creative, and generous, he is a hero to entrepreneurs seeking to work less, do more of what they love and multiply their revenue and profits. www.lucemiconsulting.co.uk
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