What’s the best return on investment? What’s the most valuable thing an entrepreneur can gain from any expense?
Time.
Time is the greatest ROI. Some say time is money, but money pales in comparison to the value of time, the one resource you can never replenish once lost. A goal of every entrepreneur should be to free up as much of their time as possible: time better spent innovating than managing, moving forward rather than treading water, or even just spent living and enjoying the freedom entrepreneurship offers.
So how can we get more time? Outsourcing.
The smartest, boldest thing you can do as an independent business leader is to get things off your own plate. Spend your money to free up your time by zeroing in on the most time-consuming tasks best left to others. Not only will this allow you to focus on the leadership aspects of your business, it may significantly improve the quality of your product. Why be the jack of all trades when you can hire a master of each?
On today’s episode, we discuss the top 5 tasks you should consider outsourcing. By utilizing team members, freelancers, even affiliates, you can stop working and start leading. Free up time, headspace, and personal resources to make yourself more effective than ever. Minimize stress and focus on the creative, exciting parts of running a business. Through outsourcing, you and your business can become more agile than ever.
What about the cost?
That’s the best part: today’s global marketplace is teeming with talent, available to work remotely from all over the world. With the prevalence of skills in everything from content to accounting, it has never been more affordable to outsource.
This is especially important as your business grows, and your success forces you to scale up. As your business gains momentum, your leadership will be far more important than your labor. Not only that, but the odds are that for each of these 5 tasks, you can find someone who can do it better than you can!
That’s been our experience, anyway. These 5 areas aren’t just tasks we recommend outsourcing, they’re tasks we’ve outsourced ourselves! It’s worked for us, and it can work for you. Find out how- Click Play!
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The post MBA898 The Top 5 Tasks to Outsource appeared first on The $100 MBA.
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