“How do I know if investing in automation is worth it?” This was a question someone asked me after my talk at Podfest. And it’s a fair question. We don’t want to waste time and money on something that won’t pay off.
So in today’s episode, I tell you exactly how to know if automation and delegation are worth the investment.
Top Takeaways
- Understand Opportunity Cost: Opportunity cost is the value of what you give up when choosing one activity over another. For solopreneurs, this often means the lost income or time that could be spent on billable work.
- Automation Rule of Thumb: Automate repetitive tasks you’ve done at least three times and that require consistent inputs and outputs. But do the task manually first to ensure automation makes sense.
- Take Small Risks for Big Gains: Test delegation by hiring a VA or outsourcing small tasks. Even $50/week can help you reclaim time to avoid burnout or spend with family.
Show Notes
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