To be successful we must measure the cost-benefit of each activity we do. Is it really appropriate to spend our valuable time on administrative and routine tasks that we can delegate?
As published by VACOC, and by the US Small Business Administration, on average, freelancers, entrepreneurs, and small business owners spend up to 40% of their time performing routine administrative tasks.
Ideally, we should spend 80% of our time doing activities that create value and increase the income of our venture.
The more time we dedicate to activities such as planning, business strategy, marketing and networking, and creating and providing products and services that generate income, the more our business and our profits will grow!
7 Benefits You Will Get By Delegating
1. More Energy: you will have more energy as you stop doing the tasks you don't like or don't do well.
2. More Time: You will have more time for the energizing work that you are passionate about and to enjoy your life and the fruits of your work.
3. More Focus: Avoid distractions by stopping doing work you shouldn't be doing as a business owner.
4. More Productivity: as you are more focused, you will be more productive and effective, doing more in less time.
5. Less Stress: When you achieve things and are really progressing, your level of happiness, energy and creativity will increase!
6. A Stronger Foundation: You will be creating and establishing a solid foundation to continue profitable growth of your business.
7. Higher Profits: All of these benefits together are the key ingredients to generate higher income.
"Nothing is impossible if you can delegate."
