Entrepreneur Advice: Knowing When To Outsource And Reclaim Your Time

Entrepreneur Advice: Knowing When To Outsource And Reclaim Your Time

Being an entrepreneur, you will get sucked into the mindset of doing it all on your own. You become obsessed with taking care of every aspect of your business and trying to handle it without help. This mindset is even more prominent in female entrepreneurs, likely because you always feel as though you have a point to prove. It’s not enough to be an entrepreneur; you have to go the extra mile and become a one-woman army. 

That is, of course, ridiculous. Running a business is an achievement on its own so there’s no need to do it all alone. It’s hard time you learnt when to outsource different parts of your business and reclaim your time. 

The Cost Of Doing It All Yourself

Why do you feel the urge to do everything on your own? We could spend months unpacking this, but it doesn’t matter as much as the cost of doing it all yourself. You don’t realise what you’re doing to both yourself and your business when you try to headline everything. 

From a personal standpoint, handling so many different tasks and taking on multiple burdens can lead to: 

  • Massively increased stress levels

  • Physical health problems that manifest due to excessive stress

It’s simply not good for you, period. You should try to keep your workdays stress-free, rather than pile loads of stuff on your plate that sends your blood pressure through the roof. 

From a business standpoint, the cost of doing it all yourself is best demonstrated in your output. Let’s face it, as amazingly talented as you are; you don’t know everything. You won’t be an expert marketer and a brilliant tech support advisor rolled into one. By not getting extra help, you’re sacrificing your business’s potential because you aren’t being assisted by experienced and talented individuals across different fields. 

Knowing The Right Things To Outsource

You should still do some things by yourself - but these tasks should focus on your area of expertise. For many entrepreneurs, your specialist subject will be business management. You need to handle the general business management tasks because you’re the best at it. 

Then, focus on outsourcing parts of your business that require the most assistance from trained individuals. A few big options that spring to mind include: 

  • IT Services

  • Marketing & Advertising

  • HR 

  • Finance

Using managed IT services brings loads of benefits to your business because you’re outsourcing a team of IT professionals to look after all the different tech elements of your company. You have a team keeping your business afloat virtually, while also protecting it from cyber attacks. 

Outsourcing your marketing strategy to a different agency can free up loads of your time while trusting the promotional material to people who know it best. You’ve got a better chance of growing your company by relying on seasoned marketing veterans who know all the correct tactics. 

The same goes for any other thing you outsource; if it requires special expertise, then it’s worth it. Especially if it’s also taking up too much of your time and preventing you from getting to other, important tasks. That’s the key thing to end on here. You need to outsource when your workload becomes too much and big things fall by the wayside. 

Previous
Previous

Is Your Cash Flow Strategy Built For Growth?

Next
Next

What To Focus On As A New Small Business Owner