Time or Money.
It’s always a trade off. Or is it? Spend more money. Save more time. Save money. Spend more time. Here are the typical examples that come to mind:
- Paint your own house or pay someone to do it
- Spend 6 hours bargain shopping around town and coupon clippling or 30 minutes dashing into the department store….or even better, paying a personal shopper
- Making your own scrapbooks or paying someone to do it for you
- Cooking from scratch dinners with fresh veggies and meat and bread bought daily or buying “Meals Made Easy” that must be heated up within 2 weeks of putting them in your fridge.
- Clean your own house or hire a cleaning service
We are always having to decide where is the most effective place to spend our time because there are simply not enough hours in the day. For me personally, I chose to short cut the bargain shopping, the home made meals and pay a housecleaner. But it is because I have been blessed with a profession that allows us those luxuries so I can spend my precious free time with my children. It also means I have to spend a lot of time working. And most entrepreneurs trying to start their own business don’t have much of either – time or money – and must chose very wisely how to spend both for the first couple years of their business.
Think about how this applies to your business and your own strengths and skills. What tasks should you outsource versus those you should spend your time and talents on? Where are you going to get the most bang for the buck? Here are some things to consider outsourcing:
- Writing the content for your website or marketing materials
- Website design and development
- Logo creation, graphic design and branding
- accounting and tax preparation
There is a website called eLance.com that allows you to find freelancers who will do practically ANYTHING for you. This includes things for crazy busy people like “listen to my voicemails and transcribe them into emails for me daily so I can chose how to respond”. Can you imagine being so busy that you have to outsource your voicemail answering???? Now there’s either a business that is really exploding or someone who has set the wrong priorities and is not being productive enough. Either way it’s proof that you can outsource anything.
No matter what you decide to outsource remember YOU ARE IN CHARGE. Be sure that you have a well-planned and scoped project to be outsourced so you get what you want. Think ahead about the outcome you are looking for and definitely spend the time interviewing and finding the right person for the job. Even if you get a personal referral for someone local, be sure you fully know and understand everything you are getting.
Of course there are so many things money can’t buy and time is all you have. And for those, we need to hold tight. My 3-year-old son this morning. Shaking his finger at me and looking me straight in the eye and saying “You promise you will stay home and have breakfast with us tomorrow?” It’s priceless. And THAT, is exactly why I am burning the candle at both ends. Working full time at the corporate job and part time on my dream that will allow me to be home more and be the influence I want to be on my children….before someone or something else takes that role.
Time or money trade off? Personally I want both. I want to have it all. With both you can make a HUGE difference in the world. Think big and you will find a way.