Time is money! This is certainly true for business owners.
The thing is when you are starting, growing & scaling an online business on your own, you either have one of two things.
Lots of time so you do things yourself or lots of money so you can invest in others to do these things for you. Getting your time back is only one of the advantages of outsourcing tasks.
However, no matter what stage you are with your business your time will always be the most valuable thing you have. Spending that time doing anything that doesn’t help you to share your knowledge with your tribe faster and in a valuable way is a waste of your time.
Your time is best used either delivering your services to your clients who need your knowledge or attracting those clients in the first place instead of struggling over some back-office tasks that are not customer-related at all.
In order words, your time in your business should be spent on the money-making tasks and not admin.
The time you spend doing these admin tasks is income that you’re not generating.
So why do want to continue to do everything in your business yourself, instead of investing some of your money on a VA or in software that will help you automate parts of your business processes?
Advantages of Outsourcing Admin Tasks
Outsourcing to Grow Your Business
Outsourcing tasks to a VA can be scary, especially if you’re already on a tight budget.
However, hiring the right experts to handle tasks will make you money and grow your business.
Think of it this way: if you want to set up a sales funnel with bump offers and upsells, how long do you think it will take you to figure out the software you need to set up your funnel? Or what types of offers you want within the funnel?
Let’s take it back to basics and ask: Do you even know what a sales funnel is and how it works?
Yes, you can find a lot of good resources online that will tell you how to set up a funnel but it will take longer than if you invested money and hired someone to help you map it out and got a virtual assistant who knows how to use the tools to set it up.
All you would have to deal with is creating the product or designing the service and creating the sales pages.
How about your accounts. You’ll need an accountant because you don’t want to have to figure your taxes yourself, you want a professional. But what about the monthly upkeep of your accounts.
If numbers aren’t your thing then getting a bookkeeper is a wise investment to keep your accounts in order.
They’ll already know how to use the bookkeeping software, produce reports so you know exactly how much you made every month, and prepare your records so your accountant has less to do at tax time.
So now, while your hired experts are doing their jobs, YOU can focus on what you do best: serving your clients and customers.
That’s where you’re making your money, not in figuring out new software or doing monthly bookkeeping.
Your clients trust you to give them what they need to solve their problems, so focus on that, your zone of genius, and let the other experts focus on their own expertise when they serve you.
Grow Your Business Quickly by Outsourcing
Once you start outsourcing on a regular basis, even if it’s only one contractor, you’ve gained more time in your day to better serve your clients.
This extra time allows for more email marketing, writing your book or signature class, or recording interviews for podcasters and other media sources.
Basically, the more time you have to focus on money-making tasks as opposed to behind-the-scenes business tasks, the more profit you’ll make.
Of course, the biggest step to quick growth is taking action: action in hiring competent contractors and action in actively marketing your business.
A great business coach will demystify the whole process so you can feel confident about growing your business.
If you’re looking to get started with any of these steps, check out the Build Your Business Vault – where you’ll find templates, worksheets and checklists that will help you get started!