Streamlined Solopreneur: Business Systems That Free Up Family Time Automation and Delegation are Worth It
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Jan 27, 2025 Discover the true value of investing in automation and delegation for your business. Understand opportunity costs and learn when it makes sense to automate repetitive tasks. Get insights on testing small delegations, like hiring a virtual assistant, to reclaim time or avoid burnout. Personal anecdotes highlight the pitfalls of premature automation, emphasizing the need for thoughtful decision-making. Plus, find out why mowing your lawn might be costing you more than you think!
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Opportunity Cost
- Opportunity cost is the value of what you forgo when choosing one activity over another.
- For solopreneurs, this often means lost income or time that could be spent on billable work.
Lawn Mowing Incident
- Joe Hoyle lost a day's billable work mowing his overgrown lawn due to inadequate equipment.
- This cost him almost as much as hiring a lawn service for the entire season.
Take Small Risks
- Take small risks, like hiring a VA, to potentially free up time for billable work or personal life.
- Even a small investment can prevent burnout and improve work-life balance.