Your Time Should Be Spent on High Value Work
As a business owner, your time should be spent on work that brings maximum revenue and profits to your company. Period. To leverage your value, you have to identify your time wasters and take them off your plate. Make a list of 10 tasks you perform every day. If there isn’t maximum revenue attached to each of those tasks, they are time wasters.
Understanding the True Value of Your Time
When managers understand the true value of their time in relation to their bottom line, it’s easy to reassign those tasks. But a lot of managers struggle to let go with excuses like “it doesn’t take much of my time” or “if I want it done right, I have to do it myself”. If it doesn’t take any time, you’re not valuing your time appropriately. And if “I have to do it myself”, you have either hired the wrong person or you have an accountability issue.
The Growth Potential of Reallocating Your Time
How much would your company grow if you spent time with your most valuable customers to solidify and expand your relationships as well as major prospects to gain new business?
Your Top 10 Time Wasters
What are your Top 10 time wasters and who could perform those tasks so that you can focus on growing your business?