Today we are talking about Self-Sabotaging habit #1 that keeps business owners from the revenue they want is: Wasting Time on Low-Payoff Tasks.
As the business owner, you are a valuable piece of the revenue-generating and business development puzzle. If you are sitting at a desk spending the majority of your time on low-payoff tasks, you don’t have the time to focus upon the most important part of your business: generating revenue.
Would you hire a $100-an-hour team member to do a $20-an-hour job? Not likely. This is the same reasoning behind why you shouldn’t be the company bookkeeper or receptionist. (This is not to say that these jobs are not important, but they are not directly related to driving immediate revenue; hence, they are low-payoff tasks).
Your sole focus needs to be upon the high-payoff activities, aka. the revenue-generating tasks. All low-payoff tasks should be completely removed from your schedule and delegated to a virtual assistant or team member, so you can focus your energy on the high-payoff activities.
TIP: Doing low payoff activities are what I call revenue generating avoidance activities. You may not like doing some revenue generation and business development activities, but you may be the best and maybe the only person to do it and get it done.
Tune in tomorrow for Self- Sabotaging habit #2 that keeps business owners from the revenue they want.
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I’m the author of many books, including, Excuses Don’t Count; Results Rule, Live Life with No Regrets, No Excuses, The Guide to Stopping Procrastination, and the Work Life Balance Emergency Kit, The Roadmap To Success with Stephen Covey and Ken Blanchard, and more.
Aim for what you want each and every day!
Anne Bachrach
The Accountability Coach™
Published on 1 year, 2 months ago
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