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Archive for Outsourcing & Delegating

The Truth about Building Your Own Small Business Website

Monday, July 18th, 2011

Entrepreneurs …Have you built your own Website, or been thinking about building one yourself? If so, you’re not alone.

Thanks to the advent of easy-to-use, do-it-yourself platforms like Druple and WordPress and thousands of nifty templates, more and more small business owners are tackling their own Website or blog design.

So if you’re wondering whether or not you can—or should—build your own site, the short answer is, “Sure, you can.” Especially if you just want a simple blog or Website with few pages and little to no customization.

The longer answer for most small businesses is, “I wouldn’t recommend it.”

Here’s why:

1) You only get a few seconds at best to make a good first impression on the Web. Unfortunately, all too often the fact that you designed and built it yourself is going to be glaringly obvious. The last thing you want is for your business to look like a hobby because your Website looks like it was built by an amateur. People simply won’t take you seriously and you’ll lose potential clients and customers.

2) You’re better off spending your time doing what you do best. Most businesses need a more customized, branded site—regardless of the platform it’s built on. Unless you have a background in Web design, WordPress and/or HTML you’re gonna spend hours and hours learning how to create a nice, functional effective site. These are hours you could better spend doing what your best and growing your business.

For example, let’s say it takes you 40 hours to build your first Website. And you normally charge $100/hour for your services. That means your time cost is $4000. Consider the income lost because you were working on your site instead of making money.

Now, let’s say you hire a professional to build you a custom site for $50 an hour (and you can often hire good designers for less). It takes 20 hours because they know what they’re doing and it looks much more professional than your version. That costs you $1000 out of pocket but the better looking site brings in more leads, clients and customers.

In the meantime you’ve been able to land two new clients that each pay $1500 because you weren’t busy working on your site. So now you’ve got a much nicer site and you’ve already netted $2000.

My advice: Have a professional build your site to meet your business needs and your specifications. If you’re on a budget use a template. WordPress has some great ones. Ideally though, at least have it customized with your colors and a branded header using your logo, and tagline.

Then, learn how to edit and add content and blog posts to your site. That way you have control and you’re not beholden to a designer all the time. It’s really the best of both worlds.

Have you built your own Website or blog? How did it go? What words of wisdom would you share with other entrepreneurs considering the do-it-yourself Web design route?

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outsourcing outsource automate entrepreneur small businessAny entrepreneur running a small business knows the to-do list is neverending, while the hours in a day are finite. So unless you intend to work yourself to the bone forever, at some point you really need to start getting things off your plate.

You can absolutely do this by outsourcing (learn more at http://getstartedoutsourcing.com/). But maybe you don’t have the budget quite yet.

Luckily theses days there are loads of ways to automate all kinds of tasks, from online marketing and social networking to appointment scheduling, product delivery and more.

  1. Automatically have your blog posts go to your Facebook pages or other social networks. Do this using something like the Tweetmeme widget. Or on some social networking sites, you simply need to enter your blog’s RSS feed info right there.
     
  2. Automatically forward your Twitter tweets or social networking status updates to other social networks. Micro-blogging aggregators like hello.txt, ping.fm, socialoomph.com and hootsuite.com make this easy.
     
  3. Preset tweets or status updates using the aggregators above, and preset blog posts. While this isn’t total automation, it is “set ‘em and forget ‘em”.
     
  4. Let clients and prospects schedule themselves on your calendar. Sites like Tungle.me and timetrade.com are both good options that make it easy.
     
  5. Automate your product delivery online or off. Online, you can use preset autoresponders, download pages, shopping carts, or services like instantteleseminar.com to make this easy. For print products, save yourself a trip to post office and let Vervante.com print and mail for you.

Once you get a few things automated and off your plate, then you can put your time and energy into doing the things that really grow your business. And these days, that includes having a Website that does all or most of the lead generation and sales job for you.

But that’s a topic for another day. Or learn more about turning your Website into your #1 salesperson at http://www.smallbusinesswebsitebible.com/

Got more suggestions on ways to automate inexpensively? Thoughts on this article? Please do share by leaving a comment… 

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entrepreneur business work life balance tipsIf you’ve got a business, then chances are you have trouble achieving balance between that business and your personal life. We’ve all been there. Every entrepreneur knows just how easy it is to let your business take over your entire life. Because there’s always more on your to-do list than any human can get done.

But if you want to be both successful and happy as an entrepreneur, you have to find a way to achieve a bit of that elusive balance. To help you on your quest, I recently solicited tips from more than 100 experts on productivity, time management, business/life balance, mindset and more. Below are a few more I thought were worth sharing. Enjoy!

Take a good look at how you are spending your time.

“Determine what your key strengths, what are the tasks that you need to focus on? What are you really good at? What drew you to the business? The next step is to look at what work you can delegate to other people. When you first start a business you may need to do everything, but as you grow, you need to keep asking yourself what your role should be, and what type of talent do you need to hire to support you to ensure continued growth and success.”

Nancy Giere – NGlassworks, LLC http://www.nglassworks.com/
 

Create balance when you work with your spouse.

“My husband and I both work from home so work life balance is even more challenging. We believe that taking time away from work both refreshes and reinvigorates. We return with fresh ideas, more engagement and renewed enthusiasm.

We take 20 minute walks both in the morning and afternoon and discuss work and strategies. At night and weekends, we don't answer business e-mails or phone calls. During dinner, we leave work behind make a point not to discuss business. All business materials – including mail, bills and industry magazines, remain in the office, not our personal living space.”

Pat Chiappa, Marketing Manager –  Spiritus Financial Planning www.spiritusfinancial.com
 

Balance does not mean equal.

“In balance in chemistry is when the yin and yang of the reaction are in equilibrium. And equilibrium means that the inputs and outputs are relatively stable. And the trick to equilibrium is for the heat generated ( i.e. the aggravation, stress, pain, ambiguity, constraints ) to be dissipated before the pressure in the vessel causes an explosion. So – exercise and remember that "sic transit gloria mundi." Which is latin for "nobody gets out of this mess alive".”

Neil Senturia – There For You Baby www.imthereforyoubaby.com
 

Put yourself on a reasonable schedule and stick to it…

“Unless there's a dire emergency killing yourself with an 80-hour work week is a fast way to leave your business to someone else.”

Judy Woodward Bates – The Barganomics Lady www.bargainomics.com
 

Regular downtime = maximum efficiency and happiness

“* 1 hour of down-time per day – meaning when awake, and the cell phone and email etc. are not only off, they are not even in the room with you.

* 1 day of down-time per week – same as above.

These two rules give you the energy you need to work at maximum efficiency and happiness the rest of the time!”

Alexander Seinfeld, Executive Director – JSL, Inc. www.jsli.org
 

Schedule designated time for social networking…

“My tip to other entrepreneurs would be to do things they really enjoy like social networking for business, etc. on a designated lunch hour and at the end of the day. This is important because if you don't stick to a designated schedule for these enjoyable activities, they will suck valuable time from your business day.”

Monette – Shopping 4 info http://www.shopping4info.com

Got thoughts on these tips, or more tips to share? Please do leave a comment…

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Entrepreneurs, what do you do when “never have time”?

Thursday, May 12th, 2011

how to get more time for marketing, business personal goalsI hear it all the time from clients… “I’d love to start a blog or ezine, but I don’t have time”… I really should call and check in with my clients, customers or patients, but I don’t have time”… “I know I need to create a marketing plan, set some goals, create process docs and get organized; but I don’t have time”…

The same refrain echoes when it comes to personal life too. I hear people say all the time… “I want to start working out, but I don’t have time”…”I’d love to spend more time with my family, or have time to start a family, but I don’t have the time”… I’d really like to make more home-cooked meals, but I don’t have the time.”

Clearly, I could go on and on. My guess if you haven’t heard yourself saying these things, you’ve certainly heard friends and family say them.

The thing is, the more you say you don’t have time, the more that become your true reality. If you don’t think you have time to do this or that…Well, you don’t.

But we all are given the same number of hours in a day. Some people just make better use of those hours. It’s all about priorities, planning and a smidge of self-discipline.

Because you COULD do any of these things. You could probably even do all this and more. It’s just that you have to make whatever it is you want to get done a priority.

To do that, you have to get crystal clear on your most important goals as well as exactly where you’re spending your time right now. Then be ruthless in your decision making and action taking.

Start by answering the following questions:

  • What are your 3 biggest business goals?
     
  • What are the top three tasks or actions that will help you meet each of your goals?
     
  • What are your 3 biggest personal goals?
     
  • What are the top three tasks or actions that will help you meet each of those goals?

Now that you know what goals are most important to you, and what it will take to get there, it’s time to see where you’re actually spending your time. That way you can decide if you want to use your time differently.

  • What are the top three biggest time sucks in your average day or week?
     
  • According to your answers to the above questions, do any of these get you closer to achieving your business or personal goals?

If you answered no, then it’s time to see how you can cut those out of your day. Or at the very least minimize the time required. Because some of those time sucks may still need to be done even if they aren’t directly moving you towards a goal.

So think about what you can outsource, what you can automate and what you can simply stop doing.  Look at trading with someone else if that makes sense. Consider sharing a job or task—like marketing your business or even chauffering the kids to soccer practice.

Most importantly, every single time you get ready to do something, stop and ask yourself:

  • Does this get me closer to one of my goals?
     
  • If not, does it really need to happen anyway (some things do, like paying bills)?
     
  • If it does, is there any way I can do it faster, systemize it, automate it or delegate it to get it off my plate?

Listen I get it. When you’re crazy busy just trying to keep up it’s easy to say you don’t have time to take a step back and do goal setting and planning. But that’s exactly what’s going to create more time for whatever is most important.

If you just keep charging ahead, doing, doing, doing, you’re only going to keep adding more to your plate. Eventually you’re going to find yourself exhausted with little to show for it.

So schedule time each week to take a break, step back from the day-to-day grind, gain clarity and make plans. Then keep your most important goals in mind, and do what leads you towards them first and foremost.

Are you struggling with never having enough time? Have you found a way to get control of your schedule, and achieve your business and personal goals? Please do share by leaving a comment…

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questions to ask before outsourcing hiring freelancersDo you always seem to have too much on your plate? Are there things you’d love to do to market your business, but you don’t have the skills?

If so, you’re not alone. Most entrepreneurs discover that if they want to grow their business, they need help.

That means hiring an employee; outsourcing to agencies, freelancers or Virtual Assistants; or cloning yourself. Since the former can be pricey, and scientists are still working the bugs out of the latter, savvy small business owners end up outsourcing.

Personally, I’ve always tried to outsource as much as possible—especially anything I don’t like doing or am not good at.

Even though I’d been a manager before, somehow I thought outsourcing would be easy. Because I was going to hire professionals who didn’t need a bunch of training and handholding.

Boy was I ever naïve…

For some strange reason I’d assumed that the people I hired would actually know what they were doing because they’d been in business a while. I also made the fatal mistake of assuming I could trust referrals alone. 

The result? My first big outsourcing snafu…I ended up going through two bookkeepers in less than two years, and spending more than $3000 fixing all the problems they created!

Literally every time I got my books back I had to spend hours combing through them for errors. And finding plenty. The worst was when my bookkeeper told me, “Wow, none of my other clients look this closely at their books.” Can you say “fired”?

Lucky for me, even though I didn’t know that much about bookkeeping or QuickBooks, I did know what went on in my business. So it was easy to check for inconsistencies and missing entries.

But it’s not so easy when you hire someone to design a Website, create a logo, or write your new Website content. Because unless you know a good bit about sales and marketing, you have no way of knowing if they’ve done a good job or not…At least not until you’ve put it out into the world and tracked the results.  And at that point you may have already spent a ton of money only to see little or no return.

You see, sadly, there is a dirty little secret about hiring “creatives” (IE Website designers, graphic designers, copywriters, some Virtual Assistants and even many marketing consultants) that most entrepreneurs don’t know…

“The vast majority of these creatives know little to nothing about marketing, advertising, branding or making sales!”
                                                              
Sure, it seems logical to think they would—especially since they help build and/or design brands, logos, advertising, Websites, brochures, sales letters and more. But you’d be surprised how many technically skilled writers and designers don’t.

I’ve personally had Web designers suggest things to my clients that are proven to decrease click-thrus and sales. And I know more than one person who’s wasted thousands on a pretty Website that wasn’t profitable.  

I’ve heard graphic designers make bad recommendations about postcard mailings. Then, later admit they’ve never studied direct mail or advertising, or even worked in sales.

And don’t get me started on copywriters. I once thought I would grow my business by hiring a team of killer writers.

Unfortunately, I discovered plenty who could write an interesting article or product description. But when it comes to using psychology and proven marketing and copywriting techniques to sell on paper, they were clueless.

So, what’s a busy entrepreneur to do?

You could learn about sales, marketing and advertising yourself. But that can take years of study to really understand. Or, you could hire a proven marketing consultant or coach like me to make sure things are on target. 

The other option is to carefully screen creatives before you hire them so you can find ones with the right expertise.

How? By looking at their work samples, and asking them these five simple questions…

1) “Who came up with the concepts?” Oftentimes creatives are simply doing what others tell them, which is fine. But you should know this beforehand because you or someone else will need to tell them what you want.

2) If the concept is theirs, ask, “Why did you choose this direction?” Ideally you should hear responses like: to target a specific market, highlight a USP or benefits, encourage sign-ups, work in a variety of media, or support the brand promise, etc.

3) “What kind of results (IE sales, leads, sign-ups etc.) has your work generated?” If they can’t answer, chances are good they don’t know much about effective sales and marketing.

4) “Where did you learn about sales, marketing, branding and/or advertising?” It doesn’t matter whether they went to school or are self-taught, but they should be one or the other. If they are self-taught, find out which experts they follow and what books they’ve read to make sure they aren’t just winging it.

5) "Can you give me three client references I can call?" Be sure to ask those clients not only about their results, but also about the process of working with that person. Some creatives do amazing work, but the process is a trip to hell and back.

Remember, pretty doesn’t always equal effective. And awards are not a sign of sales success. You need to outsource to experienced professionals who really know how to grow your business’ bottom line.

Got thoughts on the subject? More tips, or questions of your own? Please do leave a comment below.

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Hiring a Virtual Assistant (VA) based on referralI remember when my husband and I first moved to Seattle and a newfound friend of ours raved about a particular sushi bar. I mean RAVED! So being big sushi fans we went to check it out. The sushi was okay, but nothing to write home about.

The next time I saw our friend, I asked an important question… “What other sushi bars have you tried and liked?” The answer? None. This was the first and only place they’d ever eaten sushi. If we’d known that up front we would’ve taken their recommendation with a big fat grain of salt.

What’s this have to do with finding and hiring a Virtual Assistant (VA), you ask?

Well, people are often looking for referrals to “The best VA you know”.  And they want that person right now to take care of a million things. But all too often they don’t consider where that referral is coming from. And that’s just one, fundamental reason that holds true for everything from restaurants to employees to health practitioners.

The thing is…Even if your referral source has worked with loads of VAs you don’t want to just take the referral and run.

Entrepreneurs get in touch with me all the time because they’re looking to hire a VA and want me to recommend one. While I’ve certainly worked with a lot of different ones over the years, and I’m happy to pass a few names along, I still always do so with a big warning…

DO NOT simply hire one of the people I—or anyone else—recommends. Or the first VA you run across. Do you due diligence!

Otherwise chances are you’re going to end up with another outsourcing horror story for me to add to my files.

Here’s why…

  1. Everyone needs are different and every VA has a different skill set. If you want a VA to manage your shopping cart, and the one your friend referred you to is more skilled at social media and blog development, you’ve got a problem.

    It’s your job to make sure the person you hire has plenty of experience doing the tasks you want done, in a way that’s proven to be effective and efficient.
     

  2. Your communication styles need to mesh. I prefer to work with my VAs via written communication most of the time, and phone occasionally. You might prefer phone over email. Or you might rather use video SKYPE.

    On top of that, you need someone who just fundamentally gets what you’re after and what you’re trying to say. And I’ve yet to meet a VA that studied Mind Reading in school. So the VA your friend loves may not understand you or what you want very well or very easily.

    Ineffective communication leads to massive frustration. Plus wasted time and dollars.
     

  3. You need to have a little skin in the game. While most VAs are highly skilled and can largely hit the ground running, it still takes time to get to know each other. And time for them to learn your style and how you like things done.

    If you haven’t spent any time on the hiring process it’s too easy for you to bail the first time something doesn’t go exactly as you’d planned or hoped. If you’ve invested time searching for the right Virtual Assistant (including interviewing and checking references on a few top contenders), you’re less likely to walk away at the drop of a hat.

    Think about it…Most traditional employees are given a certain number of weeks or months to get up to speed. Because employers don’t want all that hiring time, energy and investment to go to waste. And they don’t want to have to start the process again. You should feel the same.

While you can successfully hire a VA based on a referral for a one-off project, the big benefits come when you have long-term relationship with a VA. You want them to become an integral part of your business support team. That doesn’t happen overnight. And it doesn’t happen unless you find the right Virtual Assistant to support you.

Take your time. Do your due diligence. Then once you’ve hired the best VA you can find for you, remember that it’s up to delegate and communicate effectively to let them know exactly what you need. While it may take a little while for them to get things just right, it’s going to be well worth your investment once they do.

What are you thoughts on the subject? Have you hired a Virtual Assistant based on referral alone? Have you had good or bad experiences with finding and hiring VAs?  

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Overwhelmed by marketing your businessLet’s face it…You only have so many hours in a day. And if you’re like most entrepreneurs, your to-do list is never-ending. Typically that means you don’t do near enough marketing to keep your business growing steadily. Because by the time you’re done taking care of clients, putting out fires and answering emails it’s time for bed.

But if you want a steady stream of new leads, repeat clients, and sales you have to market your business consistently. Otherwise you’re either going to suffer through the roller coaster of feast or famine cycles. Or, your flat out won’t be making enough money because people either won’t know you exist or they won’t remember what you do.

That means the best thing you can do is put as much of your marketing on autopilot as possible! 

And that’s why I’m hosting a FREE live workshop on the subject here in Seattle next week. This is your chance to learn how to use my RAD Marketing™ formula to Replicate, Automate and Delegate so you can take most of your marketing—and more—off your plate!

Get proven secrets for marketing and growing your business with less effort…Discover what you can really delegate to a Virtual Assistant…How to repurpose to get more done with less effort….And ways to automate your online marketing and social networking.

Plus you get plenty of time for live Q & A with me and time to network.

While there is no charge to attend, I’m promoting this event via Biznik. So you do need to go to their site to get the deets, join (it won’t cost a dime and it’s a terrific networking site!) then register for the event. Seats are limited so act now by clicking the link below…

http://bit.ly/f6JNkd

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Stacy Karacostas on Outsourcing to Virtual AssistantsAre you an exhausted, overwhelmed entrepreneur struggling to grow your business and get everything else done too?

Ever look at "successful" solo-entrepreneurs—you know the ones who always seem to have a new product or workshop coming out, and tons of online marketing going on—and wonder how they manage to do so much?

Well… The secret is that they aren't doing it all themselves. And neither should you!

If you truly want to grow a thriving, 6-figure business AND a personal life you absolutely have to take some tasks off your own plate—especially your marketing. The best way to do that is by delegating everything possible to pre-trained, highly skilled Virtual Assistants, even if you don't have the budget to hire an employee.

You can learn how when I’m interviewed by Scout Wilkins on a FREE call.

Go here now to get all the details and register…

http://TheUnchainedEntrepreneur.com/outsourcing

Here’s what you're going to learn on this call:

  • Why hiring you own Virtual Assistant team may be the key to moving past your revenue plateau and breaking the 6-figure barrier
  • How to know if outsourcing to a Virtual Assistant team is right for you and your business
  • How to find the right VA team for you (Trust me, all VAs are not created equal…And it's not just about their hourly rate!)
  • Starting off right: What you must know about working with VAs to avoid the hassles and horror stories
  • The single most important tip I ever received about hiring a VA — this will totally save your butt!

http://TheUnchainedEntrepreneur.com/outsourcing

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Let’s face it…We truly are all given the same 24 hours in a day. As an entrepreneur, on any day you likely have to handle your social networking, write an ezine or blog, answer a zillion emails, take care of clients, projects or customers, attend meetings of one sort or another, do some bookkeeping, and on and on and on.

On top of all that, with all the noise and competition out there, you have to be marketing your business constantly and consistently. Because if you don’t, people are quickly going to forget all about you and what you do—if they ever even noticed you exist to start with. 

So forget sleeping more than four or five hours a night. Or taking even an afternoon off on the weekend. Unless you find a way to put your marketing on autopilot.

Because if you don’t keep marketing you don’t exist. And if you don’t take some tasks off your own plate you’re going to hit a plateau in your business and a wall in your life.

Luckily, there are three ways any overworked entrepreneur can put their marketing on autopilot…

  1. Replicate Experienced marketers rarely reinvent the wheel. Instead they find ways to replicate and repurpose everything they know, do or create into different forms and formats. A web page can become three emails, a press release and a postcard mailing. Ezine articles can become blog posts, Tweets, link builders, the foundation of your next book and more.When you do this, you get more marketing done with less effort. Plus you easily create your own ebooks, books, audio products and more. Thus gaining expert status, some passive revenue, and more ways to get your name out there.
  2. Automate If your business is on the Web—and if you have a Website, it is—you have to deal with everything from social networking to online sales, product delivery and follow-up processes. Plus all the marketing that goes with driving people to your site and turning them into subscriber, then a customer or client.Handling all this can be a full time job and then some. But if you’ve designed your Website properly it can handle all or most of the sales job for you.  Combine that with the latest widgets, email marketing, microblogging and blogging tools to automate much of your online marketing and sales follow up, and you save yourself tons of time and hard work.
  3. Delegate Solo-entrepreneur is such a misleading title. Because no one can do it all alone anymore. That’s why you need to delegate. For a lot of small business owners, hiring an employee just isn’t in the budget. Instead the key is to outsource as much of your marketing as you can to your own team of experienced Virtual Assistants.These experienced assistants can set up all your online automation tools as well as handle much of what can’t be automated from their own home offices. Since they run Internet-based businesses they’re typically pretty savvy about the ways of the Web.That means you don’t have to teach them how to do something, you just need to explain what you want done.  And you can scale up and down as your business and budget demands.

Taking any one of these three steps is going to start freeing you up to do the things you do best and enjoy the most. And because your marketing is going to be happening consistently without you turning that crank, you can grow your business without being chained to it.

Want help figuring out what and how to best put your own marketing on autopilot? I currently have a couple of consulting slots open each month just for this.

Interested? Email your phone number, time zone, and time of day that works for you to stacy @ theunchainedentrepreneur.com (without the spaces). I’ll get back to you with a time we can chat, so I can learn more about your business and see if this is indeed a good fit for you.

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Five Ways to Make More Money as a Business Owner

Monday, February 7th, 2011

The big question on every entrepreneur’s mind is always… ”How can I make more money?” Today I want to try and answer that for you. That way your small business can start earning you the kind of revenues you deserve.

Of course, you can go at this from a couple different angles. First off you can strive to increase your gross revenues in one of three ways:

1) Get more new clients or customers. This is the obvious one, and it’s where most small business owners focus the bulk of their time and money. But it’s not the only way to make more. Nor is it necessarily the best way. You could also…

2) Increase the average transaction value. This lets you make more each time someone buys. You can do this by raising your prices. Or by creating higher priced bundles of products and/or services. Or by upselling or cross-selling other products and/or services that are of value to your current client or customer.

3) Increase the number of transactions per customer or client. If every sale is a one shot deal you have to constantly fill your funnel with new prospects in order to keep making sales. That’s expensive. If, instead, you can have the folks who already know, like and trust you keep coming back for more, it’s much better for you and them.

To do that you could structure your business so you offer ongoing services, something new regularly, programs or products that build upon each other or go together, a membership type program, etc.

However, with whatever you decide to do, you need to consider your expenses. This leads me to my fourth way for you to make more money…

4) Cut your expenses. Expense creep happens—especially when you’re a busy entrepreneur. Because it’s hard to keep track of everything all the time. But there’s no time like the present to take a hard look at where every penny goes. And also your ROI (Return on Investment)—particularly when it comes to new products or programs, and each and every marketing tactic you implement.

It’s worth spending more to make more. But if you’re not making more you need to be ruthless about cutting what’s not working and focusing on what is. That savings translates into more net revenues for you, and more you can invest back into your business.

5) Finally, you can spend more time focused on revenue-generating activities (sales, product development, marketing, taking care of clients, etc.), and less on time-sucking activities, by outsourcing to Virtual Assistants.

I’m a huge proponent of delegating out anything someone else can do for less than your hourly rate times the hours it takes you to do it. Then you can use that newfound time to grow your business and focus on money-making activities (Learn more about outsourcing to VAs at http://www.getstartedoutsourcing.com).

What do you think? Got any more suggestions to help entrepreneurs and small business owners make more money? Please do share your thoughts and ideas by leaving a comment below…

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