3 Ways to Earn Money Working Smarter, Not Harder
Hey you! Have you ever felt like there wasn’t enough time to do everything in your business you really want?
Maybe you feel like there just aren’t enough hours in the day, you’re missing out on too many fun activities cause you’re in the trenches of entrepreneurship, or you’re working too much and not earning enough for the hours committed?
I hear ya! So many new & long term business owners can relate to this struggle.
Making money is a key driver for business owners but rarely do we stop and evaluate our business to see HOW we can be creating efficiencies, dedicating our time to the right areas and building our vision. A vision that aligns with money making activities.
Today’s post focuses on the practical side of money generation, three ways you can earn more while working less:
Let’s dive in…
- Evaluate Your Daily Task list:
Sounds easy enough right? Take a good honest look at your daily to-do list:
- How many tasks are actually helping you generate revenue
- How many are just filling time or are distractions
Identify the duties that actually bring in clients or enhance client value in some way.
Then prioritize them in your calendar – so you’re working on money generating activities first. If you run out of time, the less important tasks round out the bottom and don’t impact your money generating activities as significantly.
Being intentional with money making activities is critical to creating sustainable earning in your business.
This list evaluation gives you fresh perspective, to work on your business instead of in it. It’s a good reminder no matter what stage of business you’re in - unless we step back to see big picture, we tend to miss warning signs of burn out or under earning.
- Create Systems for your Money:
So many business owners waste so much time doing manual tasks over and over, and guess what, that’s costing you serious money!
Automate time wasting activities, things like, calendar bookings, social media posts & re-occurring bill payments. So you can focus on tasks that help create cash flow.
Hire out your bookkeeping – A must in my opinion! A trusted bookkeeping expert is worth their weight in gold. They can ensure your business, whether new or established is flowing as it should and money is being considered every step of the way. That you are recording transactions, preparing for government filings & in the know of your revenue in real time.
One-two hours a month can often be enough to stay on top of your financials, which is essential.
Automating a few key areas in your process flow & hiring an expert who saves you time & keep your cash flows up to date, will allow you So much piece of mind. This way you can focus on your strengths – the money making activities.
- Give yourself permission to take a break:
One of my favorite tips ever received in business is to take care of yourself, even for a short time, every single day. The mental break helps keep your energy levels up, keeps you feeling inspired and motivated. It becomes habitual and your body will thank you.
Keeping a positive mindset in business is key, and when you’re consistently building in time to “reboot” in your schedule, you come back refreshed and ready to tackle your business, great things happen.
I made the mistake of never building in time to take a break, I pushed and pushed at the expense of my health. I crashed, real hard. It nearly cost me my life.
Even if it’s a short walk in the sunshine, or time-blocking to ensure you take 30 mins to clear your mind, it will make all the difference. Don’t underestimate the power of a reboot.
This way, when you come back, you’re feeling clear, calm, and ready to focus on the things that actually make you money instead of distractions!
You’ve got this!
