Is your company’s progress slowing because you’re trying to do everything alone? You are not alone. If you’re a natural entrepreneur, it’s normal to try to do everything yourself. It’s easy to plan to add additional bodies when you reach a certain milestone. The problem is, you may not reach that level if you don’t have a little help. Outsourcing might be the answer.
You may be justifying your multi-tasking approach by believing that it saves you money. However, this approach could be harming your growth and sales. Take stock of what you can realistically achieve yourself, and start looking for ways to hand off tasks that take you away from income-producing activities. This way, you’ll have more energy for creative, growth-oriented work.
Not sure where to start? Don’t worry. We’re giving you two tips on how to get started.
Did you know that many of the tasks that you do every day could be done through a service provider? You could save money by outsourcing your social media marketing, graphic design, accounting, and IT/cloud services to a managed service provider – read more about this here.
Or maybe you need assistance with creating documents, generating invoices, or with customer communication. If so, a virtual assistant may be just what you need. Most virtual assistants work remotely and only when you need them. This helps you control costs and still hand off overwhelming or cumbersome tasks.
add freelancers to the roster
Did you know that 3 out of 4 small businesses who reported using freelancers in their startup phase report that it gave them an edge over competitors? How? Because they tapped into experienced talent and because of the gig economy, it’s now easier than ever.
Rather than hiring a full or part-time copywriter or web designer, you’re able to hire a talented freelancer for a particular project or an ongoing basis. This type of arrangement means you get the best talent available for a project without having to shoulder the expense of a full-time employee.
Many entrepreneurs end up hitting burnout in the first few years of starting a business because they take too much on themselves. Many believe that the ‘do it all’ approach will save them money and allow them to control the process. However, you also need to be able to stay focused on the important work of growing your business.