Thursday, March 18, 2010

Overwhelmed business owner

You started a business. Congrats. You're excited that you'll never have to answer to anyone. No one to tell you what to do or not to do. No more depending on others to determine your worth.

The reality is that it is not all rosy. It requires hours of networking, preparing, attending, serving, communicating, marketing, sales, laws, accounting, and very little time for vacations or other relationships. You might feel overwhelmed. The answer is simply to either hire-delegate, partner-delegate, or outsource-delegate. But Manny, I can't afford it right now.

Well you'd be surprise how much better your business would perform and you'd not feel alone. Breakdown your input tasks (hrs it takes to complete a certain task which generates revenue directly / indirectly. Breakdown into sections such as critical, non critical or base it on your strength, weaknesses.)

If it's cost you're worried about, find someone looking to work for gaining experience. High Schools, College, University, Young Companies are great starting places. For critical task, get the best for a bargain. The relationship could help your business.

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