As a business owner, it’s imperative you focus your energy on completing actions that drive your success. When you spend your workday procrastinating or refusing to delegate low-priority tasks, you are losing money as well as preventing your business from growing.
Understand What Your Time Worth
What do you consider to be valuable tasks for your business? How about building your client base, completing client projects, and/or promoting your business? These are all important factors and you should be focusing all of your energy into fulfilling these tasks in the most efficient and effective manner possible. Completing these tasks will lead to increased revenue, satisfied clients, and attract the attention of more clients. Actions that increase your profits substantially are in-arguably effective actions that drive your success.
If you’re currently a one-person show, completing all of these tasks on your own is not practical. If you also take care of administrative tasks such as answering phones, replying to emails and bookkeeping, you are seriously hindering the growth of your business. Individually, these tasks may seem like quick and simple tasks to accomplish, but if you take a step back and look at the big picture, you’ll discover that these “quick and simple” tasks actually eat up countless hours of your time, decreasing your productivity – and success. You probably already knew this.
The logical answer is to hire an assistant. Your time is a limited and valuable resource; do yourself and your business a favor by delegating administrative tasks to an assistant. As a business coach, this is one of the most valuable tips for being more successful I share with my clients. If you work from home and don’t have space where an assistant can work, don’t worry. There are thousands of qualified and experienced virtual assistants that are willing and happy to work remotely. You can search through a database of freelance virtual assistants through websites like oDesk.com, eLance.com, guru.com, and virtualassistantnetworking.com. Drive Your Success!
Because of the positive response for this webinar, I am hosting another FREE Webinar on Thursday, May 26, 2011 called 7 Proven Ideas to Help Business Owners Achieve Better Results. You will learn 7 immediately action-able, results-producing strategies that will help you to:
• Get more clients
• Increase your income
• Get more done in a lot less time (be more productive)
• Achieve more of your goals
• Be even more focused on the activities that produce results
• Organize your time and your life
• Eliminate the feeling of being overwhelmed
Register here: http://www.accountabilitycoach.com/achieve-better-results-webinar/
Sign up today and mark your calendar for May 26 at 1:00pm PT, 3:00pm CT, or 4:00pm ET.
Can’t attend on these dates/times… sign up and receive a link for the replay after the actual event.
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-Get more clients
-Increase your income
-Get more done in a lot less time (be more productive)
-Achieve more of your goals
-Be even more focused on the activities that produce results
-Organize your time and your life
-Eliminate the feeling of being overwhelmed
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First, look at delegation of tasks to someone as an investment and not an expense. If your current earnings as a business are only covering your business overhead and your personal expenses and not much else, unfortunately, you’re not in the ideal financial situation to delegate tasks. However, sometimes it takes delegating to increase your revenue. Consider the investment in a person or people and do your best to find a way to make it work as soon as possible – for the sake of your business.
You have two options: hire an in-house assistant or enlist the services of a virtual assistant. Though having an in-house assistant may be convenient, keep in mind that you must pay employer taxes and might have to provide benefit packages in order to attract quality candidates. However, hiring a virtual assistant can be far more cost efficient. Not only are you free from paying taxes on their income, you can hire them for less money. Hiring a virtual assistant with experience can get more work done faster, in some cases, than an in-house or permanent assistant.
Finding a part time virtual assistant online is easily done and can cost as little as $10 per hour. One word of caution: you get what you pay for. Look for virtual assistants with experience or are members of a well-respected organization, such as the International Association of Virtual Assistants. An experienced virtual assistant with a solid reputation will usually cost a minimum of $20 per hour and as much as $70 per hour.
Implementing the art of delegation to your current business model can lead to an increase in business and an immense decrease in stress for you. Delegation for business owners is the single most efficient way to run your business without having to spread yourself thin. You don’t need to hire an army worth of employees or contractors, just delegate the tasks that are hindering you from increasing your revenue! Do what you do best and let someone else do the rest.
So many people I work with hold on to way too many activities that stop them from doing their highest pay-off activities that will put them in the highest probability position to achieve their goals.
Enjoy the new video I just posted on youtube.
Think delegate when you are doing everything that you do and it will make you more productive and help you generate more revenue and even have more time off to do what you want to do.
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You may have a background in web design, and be capable of completing the task, but it’s worth it to delegate. A professional website designer will get the job done right, in a timely manner, and make your website look professional while you can focus on growing your client list.
Questions to Ask Yourself
• Does delegating make sense for me to grow my business?
• Does my business have the revenue to delegate? If not now, when?
• How much time am I spending on tasks that are slowing my growth?
• What should I look for in employees/contractors?
• How would I feel to not have to do administrative tasks or things that don’t directly relate to generating revenue and growing my business?
Big-name businesses didn’t get to the point they are at today by the owners or executives doing everything themselves. They implemented the art of delegation when the time became necessary to take their business to the next level. Delegation for business owners is the ideal way to grow your business without having to take on more responsibility and sacrifice your personal time with your family. The bottom line is that delegation always makes sense.
Common Tasks to Quickly and Easily Delegate so you can focus on your highest payoff activities that put you in the highest probability position to achieve your goals.
• Answering Phones/Returning phone calls
• Sending/returning emails
• Performing research
• Scheduling appointments
• Website design and maintenance
• Some aspects of marketing
• Writing articles and blogs
Generally speaking, administrative tasks should always be delegated to an assistant. While answering the phone and responding to emails is important, your focus should be on the tasks that directly increase the growth of your business. For instance, your energy should be focused on conducting seminars, creating new products or services, networking, meeting clients and prospects in person, talking to strategic alliances or centers of influence, expanding into new markets, etc.
The common tasks mentioned in the above category should not require your attention. Hire an employee or virtual assistant to take full responsibility for their maintenance. These sample tasks are simple tasks that almost anyone can do, but other tasks that require a specific skill set should also be delegated to experienced professionals.
Delegation for business owners is a must-do for success! When you can hand over your administrative tasks and projects off to an able assistant or employee, you can focus on more important tasks that only you can do to grow your business and increase revenue. The art of delegation is an essential part of establishing a growing business.
There will come a time in your business (for most business owners, this comes sooner rather than later) when you feel overwhelmed. You may find that you have too many tasks to accomplish without enough time to get them done. It is when you come to the realization that delegating the small or low-priority tasks to an assistant would make your life a whole lot easier, that it is time to do it.
Delegation allows you to eliminate the low-priority tasks so you can free up time to focus on the high-payoff producing tasks. Clearly, this can allow you to focus on increasing your revenue, and it can also free up time to center your energy towards expanding your business. When your business continues to grow, eventually reaching another plateau, you may find it necessary to hire more assistants or outsource more tasks.
To learn more about the Art of Effective Delegation, consider obtaining the audio so you can listen to it as many times as you need to. Learn ways to effectively hire and delegate to maximize your time so you can focus on your highest pay-off activities and achieve your goals in the timeframe you have set. Obtain this for only $27 USD.
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To retain a competitive edge in any organization, entrepreneurial management needs to keep their finger on the pulse.
Management needs to not only identify technological shifts, it also has to recognize and rapidly respond to changes in client sentiment.
Top-heavy, bureaucratic management processes impede an organization’s power to respond instinctively and take appropriate action.
Self directed teams who understand the company’s vision and processes enable the organization to react responsively and implement strategies that will improve overall performance and productivity.
Client focus has become a strategic imperative. A dynamic company structure needs to clearly understand exactly what their client demands and know how to deliver the best product available.
Regardless of whether employees directly interface with clients, the workforce as a whole needs to be able to define their client characteristics: who they are, what they want and how to deliver productively.
At the same time, employees need to also focus on any barriers that may exist which prevent full client satisfaction and work on eliminating them.
Breakdowns or barriers in the company’s processes that impede productivity need to be identified rapidly and actioned immediately.