Time really does equal more than money
You are an internet entrepreneur and you need to ask yourself what the best use of your time really is because you can convert your time into money. The health of your bottom line is directly affected by the way that you choose to allot your working hours.
First of all, let us talk on your job as an internet entrepreneur. Your job is to nurture your business. Your job is to make the necessary contacts that could produce revenues. Your job is to generate ideas and bring them to fulfillment. Your job is to secure that good deal. You do agree with that description of your job duties as an internet entrepreneur, right?
Fine! Now let’s discuss what your job as an internet entrepreneur is NOT. Being an internet entrepreneur does not qualify you as an accountant, an advertising guru or a writer. You aren’t qualified to be an event planner or a travel agent. Deciding to become an internet entrepreneur will never instantly transform you into a jack-of-all-trades person.
You might just be wasting so much of your valuable time on errands that you just plain are not very well-trained at. You are the focal generator of ideas. It then your main job to make your business steadily grow and you can only be good at that if you use your time and direct your energies well to the right things. If you insist upon doing everything yourself, whether you are good at it or not, you will use up all of your thought and energy and have nothing left to do the things that only YOU can do to make your business grow.
Hire an accountant or a bookkeeping service
All business should be keeping a record of its day to day business transactions and even the smallest of transactions add up to big tax deductions over the period of a year. You can’t simply file everything under miscellaneous and you can’t spend an hour or so every day taking care of just mundane bookkeeping duties either. Bookkeepers and accountants only charge for the time that they actually spend working for you. In most cases, they are working for various clients. If they spend one hour working on your records then you will only be charged for that one hour. YOU aren’t a bookkeeper or an accountant and you would have likely spent three or four hours doing the same tasks and then with questionable results. Therefore, you must get an accountant or a bookkeeping service to do the job for you!
Hire a VA (Virtual Assistant)
A virtual assistant can save you hours and hours of time on the mundane tasks that are required to be accomplished in order to run a successful internet business. A VA can check your email and send only the emails that you need to personally deal with to you. Internet entrepreneurs get more junk mail than anybody! A good VA can also act as a travel agent and make airline and hotel reservations for you. Get a VA!
Use ghost writers and article submission services
Writing articles and E-books is always a big part of all internet marketing no matter what the niche might be. You will need to have website content and you will also need to submit articles and E-books to banks and repositories for others to use along with your resource box in order to build your online credibility.
Ghost writers will post to blogs and forums for you above your own signature file that includes your name and website. Some ghost writers will also submit articles and E-books to banks and repositories for you. If the ghost writer that you employ does not, then you can seek an articles submission company to do that time consuming task for you as well.
Use an advertising agency
Now advertising agencies don’t work cheap so you will need to be very, very specific about what you want them to do for your business. You can likely get PPC advertisements written rather reasonably and even that will be a huge help to you time wise.
There are only just so many hours in a day and you can only spend just so many of those hours working at making your online business successful. There IS still life outside of business.
I am sure that while doing business you also have a family to attend to or maybe some friends that could require some of your time. That makes it even more vital that you use your time to make your business grow and not waste your time by spending doing the everyday tasks that can take so much of your valuable time.
Maybe it is time to seriously consider outsourcing! And the best offshore outsourcing can be found in the Philippines!
Go for outsourcing!