Have you ever thought about what you’re paying yourself to work for yourself? Sounds crazy, right? But, you do cost yourself money. As a business owner, your time is of value. Do you know what your time is worth? Do you know your hourly rate? If you don’t know the answer to these questions, it’s important that you find the answers.
So, you know that you need to delegate, but where do you start? It’s one thing to know that you need help, but knowing where to start can present another dilemma. However, it’s wise to have a plan of action, because having a plan increases your chances of success. Here are three things that you can do to help you get off to a great start of knowing what to delegate.
Most entrepreneurs don’t know when the time is right to delegate. The reason being is that people want to make sure that when they do it, they have enough to hand off to someone. They don’t want to start the process of delegating and then not be able to keep the person busy. So, I’m often asked, “How do I know when it’s time for me to delegate?”
As a business owner, you can wear many hats in your company. It’s easy to find yourself staying super busy doing a lot of things, but are you really accomplishing what you want to achieve each day?
Most of the clients who come to us know that they need support but usually aren’t sure where to begin. It’s important that you start with a plan that consists of what, how, and when you will delegate to your executive assistant.
I talk with a lot of business owners who aren’t the greatest when it comes to delegating. They want to delegate more because they know that they need help. They’re drowning in administrative overwhelm and working 16 to 18-hour days. They’re feeling the pain and really need help, but they don’t know how someone can help them. Most business owners usually know of a few things that they can delegate to someone else, but they also overlook a lot of areas where they could use some assistance.
Social media can play an essential role in your business; it allows you to share your expertise with your followers and connections, and important updates about your company. Social media is a great tool to help market your business. However, it can also be very time-consuming if you don’t know how to manage the time that you spend on it. The flip side of that is neglecting it.
Many people operating their business know that at some point they will need to delegate in order to grow the company outside of just themselves. However, many don’t know where to start or they do delegate but don’t have success at doing it. Delegating, when not done properly, can hurt you instead of help you. Below are some ways that you can ensure that delegating does what it’s intended to do, and that is to help you grow your company.
Today I’m reminded of an old client who passed away a couple of years ago. He was my client for 12 years, and I learned a lot from him. He would call me a couple of times per day. I have to admit that this annoyed me initially, but over time, I came to look forward to the calls. We would discuss his plans for the day, review his calendar, and he would check-in to see if I had anything to discuss with him.
We all want to make ourselves stand out in our industry. Clients now have the Internet at their tips and have an array of other businesses to choose from, so you will need to go the extra mile to make your company stand out among the others in your field. One way to stand out in a crowd is to take the time to do little things that make a big impression. Below are some ways that you can look good in the eyes of your clients and potential clients.