It’s 6:30 a.m. and your alarm just went off. You get out of bed, shower, brush your teeth and put on a pot of coffee. Every day. Like clockwork. Your morning routine is automated. You don’t really have to think about it. It’s a ritual. We have processes in place for some of the simplest […]
Business
How to Make the Most of Your Money
You run a business. That means you’re focused on making money—and not missing opportunities to make more money. No one is perfect 100 percent of the time. We all miss opportunities and make mistakes. But your livelihood—and the livelihoods of those who work for you—depends on your ability to optimize the bottom line and avoid […]
Hire Someone (Or Don’t) to Save Yourself Time and Money
“Time is money” isn’t just a platitude. As a business owner, your time costs a very real, down to the specific dollar amount. We’ll get to determining what your time is worth later, but here’s something to consider: Let’s say your hourly rate is $240. You’ve been keeping your company’s books for the last three […]
3 Steps for Leveraging Delegation to Win Back Your Time
“If you want it done right, you have to do it yourself.” How often have we heard this, said this, and truly believed this? The fact is, it’s simply not true. Think back on the first quarter of 2023. How many times did you finish a work week thinking only of unaccomplished tasks that needed […]
The Best Ideal Week Practices for Business Owners
Have you heard of Jack Nevison’s research on the “Rule of Fifty”? In his studies on professionals and their productivity, Nevison found that working over 50 hours in a week actually reduced productivity. In fact, 50 hours on the job only equated to about 37 hours of high-quality work. Burning the candle at both ends […]
4 Tips to Negotiate Your Commitments and Get Your Time Back
Negotiating skills often come naturally to business owners. For sales-savvy individuals, securing a seat on a board or signing up for a leadership position isn’t necessarily the problem. However, getting out of these commitments is. These responsibilities come at a cost. Professional and personal obligations quickly add up and can start to drain your time, […]
Why You Should Do It for the Money (And Stop Feeling Guilty About It)
For the first five years of my blogging career, I gave all my content away for free. Then I began running some ads, selling an e-book or two, and charging to give speeches. Even though I continued to give my blog content away for free, it was a difficult transition. For some reason, I felt […]