You may have heard of the 80/20 rule. This rule states that eighty percent of your income will be generated by twenty percent of your actions. For most business owners that means they’re filling their days with tasks that aren’t truly valuable.
The best way to deal with this problem is to find the twenty percent of tasks that are the most important. When you know what these tasks are, you’ll be able to make smarter business decisions. That is what I share in today’s episode. Find out how you can identify your most valuable tasks and what you can delegate.
Make sure you are working with the 20% of your tasks and not the other way around.
- Ask yourself “Can this task be done by someone else?”
- Ask yourself “Does this task make me money?”
- Ask yourself “Am I energized by this task?”
These questions and the answers are critical to you making sure that you aren’t wasting your time on busy work and tasks that don’t contribute to your bottom line. You want to be working on tasks that only you can do and that contribute to your bottom line.