Many entrepreneurs struggle with the idea of paying outside team members. They feel they can’t afford to hire outside help. But I say you can’t afford not to outsource. Studies have proven that entrepreneurs who have outside help make more money.
Web traffic and sales expert James Wedmore said the year he started using outside help was the year his business went to six figures. I can’t guarantee outsourcing will generate the same results for you, but it’s certainly worth considering. And I can guarantee that it will free you up to create more momentum in your business.
Think of your outside team as an investment in your business. And if you’re not willing to invest in your business, why should your potential clients and joint venture partners?
Eve Siegel, career and life transitions coach, said, “How much can I do and what’s it worth my time to do?” You only want to be doing the things that are worth your time to do.
I have created a delegation formula that I like to suggest to my business owner clients to help them determine how much time and money they can save by outsourcing repetitive and non-revenue generating tasks. And don’t worry, it isn’t as complicated as the one in the image above!