Why wait? Get your ideal entrepreneur life now
Do you find yourself working long hours, often going back to the computer after your standard work hours, and dreaming of the day when you won’t have to work so much and you’ll get your ideal life?
Many business owners believe that once you’ve made a million dollars, that is when you are finally able to enjoy life. Until then, you need to work around the clock and hustle all the time. Let me tell you a secret, friends. It doesn’t have to be this way.
It all starts with you leveraging your time, team and tactics. You don’t need to wait to get to $1,000,000 of revenue to do this.
Before you start, you need to get clear on what you actually want and what your ideal life looks like, as it is not the same for everyone. Here is an exercise you can try to help you with this:
Imagine that I put 10 million dollars in your bank account today. You can use them however you want; the only catch is that you still have to work. Describe what the perfect lifestyle would look like for you.
How many hours would you work each week?
What activities would you do each day and week?
How often would you step away from your business and enjoy a totally unplugged vacation?
As you start to do this exercise, you may realize that you don’t need to have a ton of money to be a successful business owner who also enjoys your life. Most of the things you want for yourself and your family can be a reality right now.
So, how do you go about that? You start with leveraging your time, team and tactics.
Leverage Your Time
Ensure that your work time is being spent on revenue-generating activities that only you can do. My guess is that this will be a shift for most of you, as I can imagine that you are doing a lot of things that are not revenue-generating and that you do not have to be doing. It is time to put on your delegation hat and ensure you are using your team to the best of their abilities. (If you are not sure where to start with this, I suggest you use my productivity tracker to track where you are currently spending your time.)
Set boundaries and stick to them. In order to leverage your time, you are going to have to set some pretty strict boundaries and be willing to follow through with them. You essentially want to grab back your time and then use it for growth activities within your business.
Leverage Your Team
Ensure you have the right people doing the right things. It is easy in business to hire different team members here and there without actually reviewing the current state and looking forward to where you want to go. Take some time to map out your current organizational structure and what you believe your org chart will look like in the future. This helps to serve as a map for where you are going and allows you to better evaluate your current team.
Create systems for any repeatable task in your business. This will allow you to step away from the day-to-day operations. You hired a great team to help you stay out of the weeds, but you need to lead and manage them. Putting procedures and systems in place for the day-to-day activities will help your team know what to do and when.
Hire a director of operations (a second-in-command, if you will) to assist you with managing and leading your projects, team, KPIs, etc.
Leverage Your Tactics
Consider shifting your business model to work one-to-many rather than one-to-one. This allows you to increase the number of clients in your business without massively increasing the workload on you or your team. You get to share your brilliance with more at a time and your clients get to learn and share with each other as well.
Double down on the marketing activities that are giving you the biggest return on investment.
As one of my clients says, “Wishing is just quitting ahead of time.” When you wish for something, you have already decided that you won’t try, and therefore you won’t get it. Which would you rather choose: the effort of running on the treadmill now and not reaching your goals, or the effort of making change?
Rather than just dreaming about what life will be like when you have $10,000,000 in the bank, you can take these steps towards increasing your productivity and freedom in your business so that you can start building your ideal life now!
