Category Archives: Inspiration

Are You Working on All the Wrong Things?

Are You Working on All the Wrong Things?

Have you ever gone through your list of things to do and looked for the easiest thing to knock out first? Have you ever been moody when you’ve looked through your tasks and said to yourself, “I don’t feel like doing that one, that one, or that one?” Do you have some items on your to do list that have been there for a while (like months)?

If so, you’re not alone. Maybe we’ve been working on all the wrong things first! Check out the time management idea below that I recently read about.

One of the top time management secrets that smart business owners implement is to prioritize their tasks in a very special way: by the highest payback, and not the biggest sense of urgency.Time-is-money-29387-300px (1)

 

 

 

The truth is we may not be able to get to every single thing we want to do, especially those of us who are creative business owners who have an idea every minute! You may have a lot of them captured on your to do list, and some may still be swimming around in your head. Keeping you awake even!

One of the ways that you can choose your opportunities and slim down that ever-growing to do list is to understand the concept of return on investment. For each task, how much money could it bring you if you did it? Some of the items that are not urgent but incredibly profitable are often the items we’re too exhausted to do once we complete all the required client and compliance work we need to do.

The successful business owner will make time for those profitable but not urgent activities. In fact, they will do them first thing in the morning before checking their email or returning calls.

Here’s an exercise to try on your own to-do list. Assign a dollar value to each task on your list in terms of revenue potential or cost savings. If you got to that task, how much could it save you or make you?

Then the fun starts. Sort your to-do list by this new dollar value column you just added. Sort the highest payback tasks to the top and the lowest payback tasks on bottom.

What’s jumping out at you on the top of your list that you’re not getting to? Can you find a time on your calendar to do it this week?

When we step back, become more proactive about insisting that we get a return on our time for what we’re doing, we can make a really huge difference in our bottom line. It’s as simple as assigning some values to the tasks on our to-do list, and then re-sorting them by that value.

However you identify them, the goal is to bring to our attention our highest potential revenue opportunities so we can act on them. Even if you only get to one more per week than you are currently doing, you’ve made wonderful progress.

It may take some discipline to resist tackling the urgent tasks. When we accomplish our urgent tasks, we feel needed. We love rushing to the rescue of clients that need us. When we attempt our high-dollar tasks, it may be a little uncomfortable, even scary. So that’s why we avoid them.

Prioritizing is something we all have to do, since we live in a world that competes for our limited time. Prioritizing by highest dollar return on investment is something the most successful business owners do, even if it means stepping out of your comfort zone.

When we do the serious work of choosing what is really going to move our business forward, we will see the changes in our revenue.

Let me know if there’s anything I can help you with. Thanks for reading and have a great day!

Introducing Business Darlings!!

Are you thinking of starting a Virtual Business or looking for some new strategies to help build and grow your current business? Then be sure to check out Business Darlings. A new business magazine focusing on Virtual Businesses. There are sections with tips and tricks dedicated to Marketing, Social Media, Software, Technology, Business Coaching, Finance and more!

Business Darlings is set to launch tomorrow, February 14th, and I’m very excited and honored to have been asked to offer my advice, opinions and idea’s in the Finance section.

Here’s what Christina Nelson, owner of VOS Team and Vital Office Solutions, and the creator of Business Darlings has to say about the launch.

I am so excited to be able to give back to the industry that has been so good to me. Business Darlings is a labor of love and I am very proud of what we have accomplished so far.

Business Darlings is an online magazine/blog focused on providing tips, inspiration, direction and motivation for YOU to start and build a Virtual Business.The Virtual Industry is BOOMING and it’s time you got your piece of the Internet. Having a Virtual Business has some unique challenges and we want to help you get the answers you need to face, and overcome, them (or beat them into submission, whatever works lol).Business Darlings has been blessed with (so far) 8 wonderful experts (7 Darlings & a Dude) who have agreed to volunteer their time each week to bring you the information you need to be successful. Plus, we are always looking for more experts to add (email me to see if we need someone with your skills contact@businessdarlings.com). Pop over to http://businessdarlings.com and bookmark us for the launch on FEBRUARY 14th (yep Valentine’s Day)


The Elements of Living Lightly!

This makes so much sense! The Elements of Living Lightly from ZenHabits. If you haven’t seen and started reading this blog, I highly recommend you start today. This particular article struck close to home, because it’s how I try to live my life today. Some would say it makes no sense, but in my mind they’d be wrong.  I’ve found that by treating different situations like this, it reduces alot of stress, and makes me more relaxed.  I’d be interested in your opinion after you read.

I hope you enjoy reading The Elements of Living Lightly:

Today I’m going to suggest a small change in mindset that could change your life.

I won’t keep you in suspense. Here it is: think of nothing that happens as either good or bad. Stop judging, and stop expecting.

It’s a tiny change — all you have to do is say, ‘That wasn’t good or bad, it just happened, it just is.’ It’s tiny, but it takes practice, and amazingly, it can knock you on your ass.

Why? Because with this little change, you will no longer be swayed up and down depending on whether good things or bad things happen to you, whether people (and their actions) are good or bad. You will learn to accept things as they are, and move within that landscape mindfully.

You will no longer expect good things to happen (or bad things), but will just take things as they come, and be content with whatever comes. This means you’ll no longer be disappointed, or unhappy.

Please continue reading this article here, believe me you’ll be glad you did.