Priorities in Your Business
As a business owner, your priority should be working on what makes money. It’s easy to allow yourself to get caught up with tasks and jobs that don’t.
Take some time and work out what is the difference is. Find out what makes money and what doesn’t for your business.
Start keeping a list of what you work on during the day. You don’t have to record what you do every minute. You can even miss a task or two, and at the end of the day, you have a list of what you worked on.
Looking at this list from the day and the week you will see what you work on each day.
Your next step is to look at the list and work out which of the jobs make you money. You will be surprised to realise that most of what you do didn’t make you one cent!
Doing this just for one day will show you that your time is used on jobs anyone could have done.
You just think you are the only one who can do it. Keep a list for a week, and add up all the time you spent on tasks that didn’t make you money.
Next, work out what your time is worth per hour when you are making money. Find out how much money you lost doing jobs anyone else could have done.
Let’s do some easy math. You can earn $100 an hour making money. If today you spent 4 hours on jobs that don’t make you money, you just lost $400. If you do that 5 days a week, you lost $2000.
Did you realise how much money you aren’t making?
Only you can put a value on your time, so you have to do your own math. You need to work out your priorities. You know what makes you money and what doesn’t. Your priorities are different to mine.
Work out what jobs don’t need you and don’t make any money. You working on making money and give the other jobs to someone else.
Consider now is the time to start looking for an outsourcer or a virtual assistant.
Do you have tasks like:
- Updating websites
- Finding images
- Invoicing
- Preparing quotes
- Checking emails
- Accounts
The list can seem endless, are all tasks necessary to run your business and anyone could do it.
These are all the jobs you should be looking at outsourcing leaving you to make money for your business.
Tania Shipman helps business owners solve a lack of organization in their business to increase productivity and profits through her 33 years in business management. Tania thinks around, under and through your issues to find solutions.
To discover more about how she can help, sign up http://simplesolutionstoday.com/get-simple-solutions-today/
