time management tips

What Millionaires Know About Time Management

It may surprise you to learn that many entrepreneurs and startup Founders don’t have an assistant. Sure, they might acknowledge that they need “help” and the benefit that could come from having a virtual assistant onboard. But does this make them actually go out and hire one? Often, not.

Yet you only have to look at a handful of successful entrepreneurs to see that there’s a sharp divide between those who are millionaires and those who have barely made it out the doors. The secret? Outsourcing.

Why paying out leads to money in

Neil Patel is the founder of a series of startup “success stories” like Kissmetrics, Crazy Egg and Hello Bar. He also works with companies like Amazon to help grow their revenue. Neil is known as one of the most successful content writers of the past decade, a low-cost method he uses to attract users to his software products. In a Quora thread, a user asked:

“How do people like Neil Patel produce so much content in such a short time?”

You know what his answer was? Outsourcing to an assistant. Neil explains how he does the bit he’s best at (actually writing the content) and then outsources the other 90% so that he can spend more time on the writing. By doing this, he is able to publish eight blog posts a week including five guest posts. Given that this is the number one source of customers to his existing businesses (not to mention the amount of exposure he gets as a Founder and investor), it’s a pretty smart way to spend his time.

As he says,

“Your time is valuable. You should stick with creating content in the most streamlined process. I used to post to WordPress and add pictures to each of my posts myself, but that process would take me twenty to thirty minutes. By hiring someone, you’ll save time.”

This shows how even saving 20-30 minutes per task is essential to increasing productivity and more importantly, increasing the activities that make the biggest difference to profit or customer number.

The importance of time management

Social media guru and entrepreneur Gary Vaynerchuk knew that when it came to hiring an assistant, it was largely about better time management. When he realised he was disrespecting a lot of clients, employees and potential partners with his ad-hoc approach to meetings and punctuality, he needed someone to bring in a system that would help.

What had stopped him from getting an assistant for so long? Disbelief that he could find someone that could schedule someone who was, as he put it, “totally un-schedulable”. Despite this, Gary quickly realised what an improvement having an assistant made not only in respecting the time of others, but for his own career and life.

“I’ll tell you that now being able to follow a schedule (with the help of an assistant), and being able to work out (with the help of Mike) are two of the biggest confidence builders in me.”

Managing time doesn’t have to be about reducing the company to do list either. As many entrepreneurs and startup founders know, time management in your personal life is just as important.

“You spend money on a PA to make money, because you can focus more on your business. Having a personal PA do my life admin doesn’t mean I spend less time with my son, it just means I spend less time at work distracted by other things” explains ibLE Co-Founder Georgina on the reasons behind hiring a PA for her personal life.  

Autumn Adeigbo, entrepreneur and Founder of a women’s wear label by the same name, explains how important delegation of tasks like laundry and apartment cleaning are if they’re the tasks that drain not just your time but also your energy:

“Delegation has become an important part of my sanity both professionally and personally…it is an important aspect of leadership development and an important element in self-care.”

The value of an assistant

Something entrepreneurs are good at is working out their return on investment. Think about it like this; an entrepreneur earning £1 million in dividends or personal income per year, could hire an assistant who earns £80,000 per year. To break even, that assistant would only need to make him or her 8% more productive.

Would you be 8% more productive if you had an assistant who could take care of tasks like email management, meeting scheduling and even dry cleaning? If we think about this in terms of time, an assistant to an entrepreneur who works a 40-hour week, only need save them 3 hours a week, to be a worthwhile hire.

It also makes for an easy first hire, while you perhaps build up to a role like your first VP of sales or Head of Marketing.

“If you’re a solopreneur hiring a VA is one of the best investments you can make and one of the best ways to get into learning how to manage a team.” says Kathleen Shannon who runs the successful Being Boss franchise.

If you want to become better at time management, save time and seek more freedom to chase the bigger picture of your company, hiring a VA is a clear step in the right direction. Try a no-obligation virtual PA from ibLE today.

606 comments

  1. Pingback: Imodium
  2. Pingback: buy my essay
  3. Pingback: cialis no script
  4. Pingback: online cialis
  5. Pingback: buy cialis rush
  6. Pingback: buy cheap uk
  7. Pingback: buy cheap uk
  8. Pingback: cytotmeds.com
  9. Pingback: viagra cialis
  10. Pingback: tops pharmacy
  11. Pingback: ivermect
  12. Pingback: amlodipine costs
  13. Pingback: viagra buy
  14. Pingback: cialis 10
  15. Pingback: 1
  16. Pingback: on line viagra
  17. Pingback: cialis 10 mg
  18. Pingback: cheap viagra
  19. Pingback: natural viagra
  20. Pingback: ivermectin cost
  21. Pingback: eli lilly cialis
  22. Pingback: ivermectin drug
  23. Pingback: ivermectin drops
  24. Pingback: cialis online
  25. Pingback: sildenafil 50mg
  26. Pingback: discount viagra
  27. Pingback: zithromax otc
  28. Pingback: viagra pills
  29. Pingback: compra viagra
  30. Pingback: viagra history
  31. Pingback: buy viagra cheap
  32. Pingback: amoxicillin usa
  33. Pingback: lasix 500 mg
  34. Pingback: neurontin drug
  35. Pingback: 1.5 prednisone
  36. Pingback: taking viagra
  37. Pingback: provigil 100mg
  38. Pingback: ivermectin 15 mg
  39. Pingback: hims viagra
  40. Pingback: buy neurontin
  41. Pingback: priligy drug
  42. Pingback: 63 mg albuterol
  43. Pingback: womens viagra
  44. Pingback: walmart viagra
  45. Pingback: cialis for women
  46. Pingback: roman viagra
  47. Pingback: low price viagra
  48. Pingback: sildenafil price
  49. Pingback: herbal viagra
  50. Pingback: viagra buy
  51. Pingback: flccc ivermectin
  52. Pingback: latisse serum
  53. Pingback: nolvadex pill
  54. Pingback: Anonymous
  55. Pingback: i mask protocol
  56. Pingback: Anonymous
  57. Pingback: ivermectin 24 mg
  58. Pingback: ivermectin 50 mg
  59. Pingback: Anonymous
  60. Pingback: ivermectin
  61. Pingback: ivermectin
  62. Pingback: ivermectin 4 mg
  63. Pingback: stromectol nz
  64. Pingback: nih ivermectin
  65. Pingback: tadalafil tablet
  66. Pingback: cialis for sale
  67. Pingback: cialis tablets
  68. Pingback: cialis price
  69. Pingback: 1credible
  70. Pingback: goodrx tadalafil
  71. Pingback: cialis price
  72. Pingback: cialis cost 20mg
  73. Pingback: generic cialis
  74. Pingback: ivermectin 5 mg
  75. Pingback: stromectol merck
  76. Pingback: tadalafil mylan
  77. Pingback: stromectol cost
  78. Pingback: stromectol cost
  79. Pingback: mazhor4sezon
  80. Pingback: filmfilmfilmes
  81. Pingback: TopGun2022
  82. Pingback: Netflix
  83. Pingback: design-human.ru
  84. Pingback: projectio
  85. Pingback: psy online
  86. Pingback: uels ukrain
  87. Pingback: DPTPtNqS
  88. Pingback: qQ8KZZE6
  89. Pingback: D6tuzANh
  90. Pingback: SHKALA TONOV
  91. Pingback: chelovek-iz-90-h
  92. Pingback: 3Hk12Bl
  93. Pingback: 3NOZC44
  94. Pingback: 01211
  95. Pingback: film-tor-2022
  96. Pingback: hd-tor-2022
  97. Pingback: hdorg2.ru
  98. Pingback: JXNhGmmt
  99. Pingback: Psikholog
  100. Pingback: netstate.ru
  101. Pingback: Link
  102. Pingback: psy
  103. Pingback: bit.ly
  104. Pingback: cleantalkorg2.ru
  105. Pingback: bucha killings
  106. Pingback: War in Ukraine
  107. Pingback: Ukraine
  108. Pingback: site
  109. Pingback: stats
  110. Pingback: Ukraine-war
  111. Pingback: movies
  112. Pingback: gidonline
  113. Pingback: web
  114. Pingback: film.8filmov.ru
  115. Pingback: video
  116. Pingback: film
  117. Pingback: cialis otc
  118. Pingback: filmgoda.ru
  119. Pingback: rodnoe-kino-ru
  120. Pingback: confeitofilm
  121. Pingback: stat.netstate.ru
  122. Pingback: sY5am
  123. Pingback: Dom drakona
  124. Pingback: JGXldbkj
  125. Pingback: aOuSjapt
  126. Pingback: ìûøëåíèå
  127. Pingback: psikholog moskva
  128. Pingback: Usik Dzhoshua 2
  129. Pingback: Dim Drakona 2022
  130. Pingback: TwnE4zl6
  131. Pingback: psy 3CtwvjS
  132. Pingback: lalochesia
  133. Pingback: film onlinee
  134. Pingback: 3qAIwwN
  135. Pingback: mgfmail
  136. Pingback: video-2
  137. Pingback: sezons.store
  138. Pingback: psy-news.ru
  139. Pingback: 000-1
  140. Pingback: 3SoTS32
  141. Pingback: 3DGofO7
  142. Pingback: rftrip.ru
  143. Pingback: dolpsy.ru
  144. Pingback: kin0shki.ru
  145. Pingback: 3o9cpydyue4s8.ru
  146. Pingback: mb588.ru
  147. Pingback: newsukraine.ru
  148. Pingback: edu-design.ru
  149. Pingback: tftl.ru
  150. Pingback: brutv
  151. Pingback: site 2023
  152. Pingback: sitestats01
  153. Pingback: 1c789.ru
  154. Pingback: cttdu.ru
  155. Pingback: 1703
  156. Pingback: hdserial2023.ru
  157. Pingback: serialhd2023.ru
  158. Pingback: cenforce 100
  159. Pingback: bit.ly/3OEzOZR
  160. Pingback: bit.ly/3gGFqGq
  161. Pingback: bit.ly/3ARFdXA
  162. Pingback: bit.ly/3ig2UT5
  163. Pingback: bit.ly/3GQNK0J
  164. Pingback: bep5w0Df
  165. Pingback: www
  166. Pingback: icf
  167. Pingback: 24hours-news
  168. Pingback: rusnewsweek
  169. Pingback: uluro-ado
  170. Pingback: irannews.ru
  171. Pingback: klondayk2022
  172. Pingback: tqmFEB3B
  173. Pingback: 2022-film
  174. Pingback: mangalib
  175. Pingback: x
  176. Pingback: 9xflix
  177. Pingback: xnxx
  178. Pingback: 123movies
  179. Pingback: kinokrad
  180. Pingback: batmanapollo
  181. Pingback: vsovezdeisrazu
  182. Pingback: 2023
  183. Pingback: vardenafil
  184. Pingback: levitra use
  185. Pingback: men viagra pill
  186. Pingback: ipsychologos
  187. Pingback: yug-grib.ru
  188. Pingback: psychophysics.ru

Comments are closed.