Have you ever audited the time you spend in or on your business?
If you’re like me, it’s so easy to waste precious time on tasks that do absolutely nothing to grow your business. This could include tasks like going through endless amounts of email and checking how much you sold (sometimes many times a day).
But I’ve made a very interesting discovery over the last couple of weeks. My 93 year old grandfather passed away about 2 weeks ago and I flew up to Indiana for the funeral then my parents and I got in a car and drove 15 hours back to Texas as they’re spending a couple of weeks here with us.
Because of all of this I have had to postpone for a couple of weeks a webinar series I was going to do for my Private Label Mentoring Group, but for the most part my business has ran just as well with the limited amount of time I have had to attend to it.
The secret is that when I have had time to work, I have concentrated on the most important things that needed attention.
What that tells me is that the things I haven’t had the time to do are not really that crucial anyway so I should either eliminate them or find someone else to help me with them.
Focusing on the most important tasks has been the key during this time. If I can learn my lesson then I’ll keep right on as if I have a limited amount of time or I’ll do a better job of scheduling my work so that I don’t just sit down at my computer without a specific task that needs to be accomplished.
It’s too easy for me to get distracted on unimportant things and time is too precious to be wasted.
So if you sell physical products online then your #1 task is to find inventory. Other things like packing and shipping can be outsourced. My mentor Jim Cockrum says that you shouldn’t be doing tasks that you can pay someone else $10 per hour to do. If you’re still doing these $10 per hour tasks then make it a goal to move past that.
Maybe you’re ready for a VA to help you find product. Then that inventory could be purchased and sent to a fulfillment center meaning you’d never have to see it our touch it.
What about hiring someone locally to help with sourcing and your shipping?
The main point is to focus on what only you can do. That’s when your business can grow to its true potential.
Have a great week!
P.S. Check out this video I did several weeks ago about the 3 diseases of an online business – Shiny Object Syndrome, Analysis Paralysis, and Refresh Disease.