You Cannot Do It Alone: If You Want to Be Rich, Get Support

Posted on Jul 13 2015 - 10:01pm by Lance Edwards

BY ROSEMARY NONNY KNIGHT (Via EzineArticles)— Being an entrepreneur, it is so easy to start to think that you have to do it all alone. You become something of a lone ranger because you think you so not have the money to get someone in to help or you actually feel that you must do it all alone.

And all that does is slow you down.

The reason you got into business was to create a life and a business you enjoy but most entrepreneurs find themselves trapped doing the work that others could help them with quickly and it is always the work that does not generate income.

They get caught up in the paperwork because well, it must be done…

They get caught up in the customer service because, well, it must be done…

They get caught up in the mundane and the non-income-producing tasks and then they wonder why their business does not grow.

It is because your focus is on the wrong thing and you are trying to be a super hero like superman who is able to save the world all on his lonesome and you just cannot do that.

If you have big ideas and big plans for your life and business then follow this pan on how to decide when you need support…

  1. Do you have any one working with you in your business? No?, then already you know that you need someone. What is the cost of trying to do all the mundane things yourself. However, if you do not believe me, here are some more questions to consider…
  2. How much is your real work worth to you? When doing the thing that you are in business to do, how much can you generate? So, if clients pay you $150 for each hour they work with you then that how much your tie is worth at the moment.
  3. Make a list of everything you do each day in your business
  4. Put an amount right next to it – How much could you pay someone else to do it for you?
  5. Pick out the things that only you can do – Be truthful to yourself – You did not go into business to keep doing the busy work.
  6. How much time is the rest costing you? Remember time is irreplaceable. And then ask yourself again whether it may be worth your while to find someone to do some of the work for you. In the time you are spending on the low value work, could you have obtained a new client paying you considerably more?

If you want more tips to grow your business, then download the free book here – Marketing Blueprint

Rosemary Nonny Knight was once a pharmacist and then decided to create a profitable business doing what she loves which enabled her to leave work. She also teaches other professionals and business owners to make the same shift.