Every business owner, manager and executive should be thinking about one thing- scaling your business. But admittedly, many entrepreneurs and leaders admit that this highly crucial role slips right through the cracks. Why? Because we’re too busy to even think about it.
According to research by Snaplogic, 90% of employees waste time on boring and repetitive tasks. These tasks easily eat up anywhere between 45 minutes to three hours of one’s day. That may seem small in the micro, but in the long-term, that’s a lot of hours lost on tasks that don’t really add much value to the organisation.
Some of these mundane tasks could include activities such as.
- IT technology issues
- Scheduling meetings
- Expense management
- Processing raw data
- Billing and accounting tasks,
- Calculating project costs
- Time entry
- Searching for external providers
- Invoicing clients
- Vetting external contributors or providers
All these little five to ten minute jobs add up to one lump of time wasted and spent. So how does a manager or CEO of a company get out of this trap? The solution is simple: Outsource what you can.
Limiting Beliefs that Stop Us From Outsourcing
So if the solution is that simple, why don’t more of us do it? In our experience at Outsourcing Angel, we’ve heard people tell us certain beliefs that hold them back from outsourcing. Here are some of the most common ones we hear a lot from business executives who don’t outsource.
Limiting Belief #1. Recruitment Challenge
It can be hard to recruit virtual assistants because you just don’t know where to look. But you could always work with a company like Outsourcing Angel and have the agency take care of recruitment, onboarding and staff management for you.
Limiting Belief #2. Cost
Some people look at the outsourcing option and only see the cost of hiring staff to assist them. But what many of these people don’t see is the return on investment to the business if they can hire someone to take care of mundane tasks. Two to three hours saved in a day could be put into networking with more clients and thus growing the company’s sales.
Moreover, if local wages are too high for you, you can always look into the option of hiring virtual assistants whose services can easily be a third of the cost. Moreover, many of these virtual employees are open to working part-time as opposed to full-time hours.
Limiting Belief #3. Quality Control
People have said they refuse to outsource because they believe that they can do the tasks better themselves. That might be true in the beginning. But for many of our clients who took the risk to outsource and on-boarded their staff well have found that their virtual assistants can do the work at the same or even a greater level.
What You Should Do with Your Time to Keep Scaling Your Business
So what should come in place of these mundane tasks? Some of the people who have experienced the win of outsourcing say that they spent more time on strategies, fixing systems and processes, growing their network, building company culture or even just taking time to rest and unwind.
Your company will only continue to scale if you’re focusing on the right tasks- the tasks that will bring in more results, more sales and more growth to your team and your business.