Setting up in business is an exciting time.
It can also be nerve-wrecking, lonely and is definitely very challenging. Doing it while working from home and balancing raising children and running a home can add an extra strain to the mix.
I regularly hear my new clients talk about the overwhelm that being their own boss brings. They have so much to do and feel they have to do it all themselves.
That regularly takes from any free time that had been previously available, meaning that they are always on call.
Many Mumpreneurs feel that because it is her business and as she is trying to keep costs down that she has to do everything herself.
In my last post I dealt with how to value your skills.
In this one I will show you how taking that very important step of outsourcing some of the work to someone else can free up not only your time but could also help you increase your turnover.
First you will need to work out your desired hourly rate.
Have an annual desired income target. If you have a budget done up you will know what that is, if not put down how much you would like to earn.
Use the diagram above to work out your own desired hourly rate.
Having that in hand now work out how many hours you spend doing tasks that would cost less than €50 per hour to do in paid employment, tasks like bookkeeping or order-picking.
Does it still seem viable to spend eight hours doing something like your bookkeeping that can be done by an expert at €15 – €20 who will get it done in three to four hours?
Or order-picking that would cost less than €10 per hour?
Those extra three or four hours can be spent doing more important tasks that need to be done – working on your business instead of in your business.
“Ah but I can’t afford it” or “I don’t have the money to pay someone” are common complaints I hear.
However we have to spend money to make money.
Asking for help is often way down the list for many Mumpreneurs. Many feel that they have to do it all by themselves.
All it takes is to swallow some pride and ask for help; from a partner, a friend or even suggest a skill swap with another Mumpreneur.
Looking past the immediate list of tasks to what you want to achieve with your business and setting about getting that done by either hiring or asking for help is the first step towards achieving it.
Have you gone past this stage in your business yet?
How have you overcome the “all by myself” syndrome in your business?
Please leave a comment in the box below and share with us.