Business
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 inarguably 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 Upwork.com, Guru.com, and TheVirtualGurus.com. Learn from the Masters By emulating the actions that drive success used by other successful business owners and entrepreneurs, you’ll save yourself a lot of headaches and growing pains. Let’s explore the top four effective actions of successful business owners and entrepreneurs. 1. Stop procrastinating! Successful people wouldn’t dare procrastinate because they know that their success is riding on their ability to grow their business. Discipline yourself to work on a daily schedule and stick to it. Focus on income driving and client building actions during the day and leave personal actions to after hours and weekends. 2. Become a master marketer! Successful people are aware of the fact that clients are the reason why they’re still in business. They take the time to allocate funds and time to effective marketing plans. This is not something you have to know how to do - just hire the right person with a proven track record of delivering results. 3. Delegate, Delegate, Delegate! Chances are you became an entrepreneur because you like being in charge, but you have to learn to give up control of certain tasks. Successful business owners value the art of delegation and know that it is a vital part in expanding the reach of their business. Hire an assistant to take on the tasks that don’t lead to directly putting money in your pocket. And yes, you can even delegate grocery shopping, running various errands, and cooking to an assistant. To download a Free Delegation List Sample to help you identify more activities to delegate, go to https://www.accountabilitycoach.com//delegation-list-sample/. 4. Successful entrepreneurs spend money to make money! Successful business owners know that in almost every profitable situation, you need to spend some money to earn more. They don’t think twice about paying for the billboard ad or hiring an assistant to place cold calls, because they understand the result