Introduction:
- Today’s episode focuses on the crucial role of delegation in business growth.
Main Points:
The Resistance to Delegation:
- Addressing the common resistance entrepreneurs feel towards delegating tasks.
- Understanding that the belief you must do everything yourself can limit business growth.
The Overwhelmed Entrepreneur:
- Entrepreneurs doing everything themselves can hit capacity, making business expansion impossible.
- New business owners can feel overwhelmed by the sheer volume of tasks, hindering their start.
The Delegation Formula:
- How to determine which tasks to delegate using a simple formula:
- Desired annual income / number of hours you want to work (using 2000 hours as a baseline) = hourly rate.
- Delegate any task that can be done for less than your hourly rate.
Practical Example:
- Example calculation: $60,000 annual income / 2000 hours = $30 per hour.
- Emphasizing that tasks that can be hired out for less than $30 per hour should be delegated.
The Benefits of Delegation:
- Delegation prevents burnout and allows for business expansion.
- Hiring help can give you more freedom and time to focus on high-impact activities.
Delegation in Action:
- Personal example: Hiring someone to manage ConvertKit and create templates for future ease.
- Delegating allows you to support others and provide job opportunities.
Finding Help:
- Recommended platforms for finding affordable help: Fiverr, Upwork, OnlineJobs.PH
- Tips for hiring: Create an ad to attract applicants and streamline the process.
The Bigger Picture:
- Delegation isn’t just about growing to a seven-figure business; it’s about finding the right balance for your goals.
- Emphasizing the importance of focusing on tasks that drive 80% of your results.
Resources:
- BodyGraph Chart Platform: A tool to help automate your business, integrate Human Design charts, connect your CRM, build your email list, and offer paid reports.
- Start your FREE TRIAL today!
- The #1 Key to Scaling your Human Design Business
- Join the
BodyGraph Chart Facebook Community
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A place to connect and share insights on Human Design and business building.
Conclusion:
- Delegation is key to scaling your business and avoiding burnout.
- Embrace the experiment of delegating tasks and focus on high-impact activities.
Start your FREE trial with Bodygraph Chart software now!
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Stay tuned for more insights and strategies in upcoming episodes.