As a business owner, it is your primary responsibility to plan and organize your day-to-day operations. But that doesn’t mean you have to take care of everything from processing your financial statements to answering client calls; doing so would surely result in exhaustion (and possibly, negligence on your self-care regimen!) especially when your business is growing. Thanks to online biz tools and outsourcing, it will be easier for you to oversee what's happening in your organization, focus on matters that concern your whole attention, and make time for your family and yourself.
There’s no use in resisting to delegate your task when it means adding money that you leave on the table. It’s time to decide and prioritize which things you need to get off your plate. So in today’s episode, we'll go through each of the 7 things that you can hand over to your trusted systems or team members so that you can focus on activities that increase your revenue.
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Podcast Goals:
- Present a list of tasks that you can delegate to a system or outsource to classified individuals in order to improve productivity and focus on CEO activities
Episode Timeline:
- #1 Screening your calls (00:54)
- #2 Scheduling your appointments (02:04)
- #3 Managing your social media (03:03)
- #4 Billing (04:05)
- #5 Hiring a personal assistant (05:43)
- #6 Editing your work (08:45)
- #7 Bookkeeping (10:15)
- Useful rules of thumb in determining the importance of delegating your tasks (11:39)
Standout Quotes from Doctor TK:
- “What is a CEO activity? A CEO activity is any task or intentional thing that you are doing in your business that will increase revenue. So on one hand, yes billing will increase revenue because we have to make sure that the billing is being collected. However, if you outsource that and let's just say you were paying someone 15-25 dollars/hour, but you make 150 dollars/hour, that's an awesome delegation because you're freeing up time either to have more time to yourself, to your family, self-care, or you can go and see another client versus sitting behind the computer and actually doing all the billing.” (05:03)
- "If our personal life is not in order, odds are our business life will not be in order as well. And a lot of times, we consume a lot of minutes and hours cleaning up our household, doing the laundry, folding the laundry, cleaning up multiple bathrooms. And so you may wanna ask yourself, how can I free up more time if I were to hire someone who can also help me with some personal tasks?" (06:19)
- "What you don't measure will not grow. You have to watch your money. You should not wait until the end of the year when your tax person says, can I please have all of your excel sheets or your profit and loss statements, and you either don't know what a profit and loss statement is, or you have not been keeping up because you believe that because you have a business part-time, a private practice with 5 clients a week, you didn't think it was a big deal to keep up with these numbers every single month. If you know that this is asking too mu
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