How Many Hats Are You Wearing?

How Many Hats Are You Wearing

It’s inevitable. As a small-business owner, you’ll be wearing numerous roles… marketing manager, Bookkeeper, Content Developer, Bookkeeper as well as Coach, Technical support personnel, customer support staff.

While this type of juggling task can be expected, you need to be aware that not all your hats are created to be the same. Bookkeeping is more critical than marketing in this way, for instance, because without marketing, there’ll not be any cash to manage.

Additionally, you must think about the amount of time you’re spending on each aspect of your business as well. If you’re spending all day adjusting the layout of your site and then put off sending out an email to your subscriber list, What have you learned?

Sure, you may have a better website, but you’ve missed an opportunity to bring traffic toward your offer.

In a perfect world, you could wear your CEO hat and delegate the rest. But here on the ground, you don’t have this option. Instead, we need to do better and more efficiently and also ensure that we are spending our time.

Here are some ideas:

1-Prioritize Your Daily Tasks

Each of us has our own strengths and preferences in relation to the tasks we’d like and need to accomplish. Perhaps you love customer support and dislike bookkeeping, while another person enjoys the game of numbers but dislikes working with the help desk. However, regardless of your personal preferences, there is one thing that is for sure that money-making projects should be at the top of your list of priorities.

See also  Develop These 6 Skills for Impactful Leadership

This could mean creating products such as email marketing, client outreach, or even webinar development. Find the money-making projects within your business, and be sure to prioritize them each day.

2-Know the Difference Between Important and Urgent

In his classic work “The 7 Habits of Highly Effective People,” Stephen Covey suggests prioritizing tasks using a grid for time management. Every task is assigned one (labeled) quadrant on the grid, according to whether it’s urgent or essential or neither.

When you understand the place a job falls in the grid, you’ll know what you need to be doing. For instance, marketing and planning are both important but not crucial. The phone ringing is urgent but not essential. A sales web page to promote the new program, which will be launched next week, is crucial and urgent.

When you are deciding on the order to prioritize your daily tasks take note of where each task is located in the quadrant and plan them accordingly.

Do you have to be constantly doing the most effective job to do right now? Perhaps not. You may not use your time in the most efficient way you would like to. If you make an effort to prioritize and organize your schedule, you’ll discover that it’s much less difficult and overwhelming to run your small-scale company.

3-Create Blocks of Time for Certain Activities

When you are preparing your weekly or daily schedule, make sure you allocate periods of time to complete specific tasks. For instance, group your appointments with clients into 2-3 hours on Wednesdays and Mondays afternoons or sales call into blocks of 2-3 hours on Thursdays and Tuesdays. So you’re in “appointment mode” for that afternoon, with nothing else to keep you from your work.

See also  Supply Chain Management - Towards Profitability

Create a second time frame to engage in social media as well as another time to handle administrative tasks like accounting, returning calls, and addressing emails. You could set aside several hours (or an entire weekend) to create creating content or a product (product design).

Create your list of the activities you carry out each week, and then decide on how to create time blocks for each of them. Utilizing blocks of time can help you save time since it will keep you engaged and more productive.

4-Have Some Passive Income Products

Possessing some passive income items created to offer your customers and other members of your networks and lists can save you time since you design the product and then set up the sales funnel one time. However, you will earn revenue from it many times.

You’re aware that you’re earning money when you’re coaching. However, there are only so many hours to go through in a day. Some of those hours are going to have to be assigned to administrative, marketing, and other departments. Therefore, having a vehicle that you earn money without working additional hours can be a time saver.

That’s why this month’s training program is called”Passive Income Planning. “Passive Income Planner.” Inside you’ll find suggestions and methods for setting up your own passive income. And you can repeat the processing time and time again. Actually, some coaches only teach part-time, and the remainder of their earnings come generated by passive income sources.

There are a few strategies to handle all the roles you have to take on to become an entrepreneur. If you require more assistance in this regard, get in touch with me. I’m here for you!

See also  4 Keys to Create a Passive Residual Income