One question I get asked with each new client is “how can I spend less time with my business?”
In my experience: Clarity!
There are so many hidden costs that you don’t see as a business owner because you’re not getting invoiced and paying them directly. This is what they call leakage!
And its common.
Most businesses think they are doing well, but imagine doing well and getting better?
Imagine working 4 days a week and spending one day whereby you play board games for the entire day while your business is still operating?
Although board games may not be your thing, I bet when you started a business 4 days a week at work was?
Well, that’s exactly what one of my clients is currently doing, working 4 days a week!
Weekends and weeknights with the family, Tuesday board games and PS5 and 4 days working on the business.
There are so many savings you could be making but cannot see because you’re stuck in the business!
Here’s what you need to do:
List your daily tasks in order of priority
Record the number of hours the bottom half take up of your day
Times this number by your hourly rate to work out opportunity costs!
What would you rather be spending this money or time on? Does this seem to be the best use of your time or could you pay someone less to do it? Wouldn’t you rather spend more time with the family, riding dirt bikes, fishing or just Netflix and chilling?
If you need help with this, reach out, this is what I do and have been doing for the last 20 years!