Comments on: The Less I Do, the More I Make http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/ Small business marketing blog Thu, 21 Apr 2011 08:39:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-14144 Ryan Sat, 07 Jul 2007 05:21:50 +0000 #comment-14144 You hit the nail on the head, John. Outsourcing or contracting out parts of your business is really the only way to maximize your potential. There are only so many hours in a day that you can bill for. By subcontracting tasks that can be done cheaper, by a freelancer for instance, you are allowing yourself to bill not only for the time worked by the sub, but also for the portion of the project you completed at the same time the sub was working. If your sub works for 1/2 what you bill for, you essentially added 50% to your productivity. Have two subs and you not only triple your productivity, but also double your profit. And not only does your bottom line benefit, but you get similar benefits as having multiple employees without having the burden of employment expenses such as work comp insurance and payroll taxes. The trick is finding good, reliable subs who can do the task at hand. If it's IT related, freelancers are readily available at elance.com or getafreelancer.com. Accomplishing more by doing less is truly the secret to financial freedom. You hit the nail on the head, John. Outsourcing or contracting out parts of your business is really the only way to maximize your potential.

There are only so many hours in a day that you can bill for. By subcontracting tasks that can be done cheaper, by a freelancer for instance, you are allowing yourself to bill not only for the time worked by the sub, but also for the portion of the project you completed at the same time the sub was working. If your sub works for 1/2 what you bill for, you essentially added 50% to your productivity. Have two subs and you not only triple your productivity, but also double your profit.

And not only does your bottom line benefit, but you get similar benefits as having multiple employees without having the burden of employment expenses such as work comp insurance and payroll taxes.

The trick is finding good, reliable subs who can do the task at hand. If it’s IT related, freelancers are readily available at elance.com or getafreelancer.com.

Accomplishing more by doing less is truly the secret to financial freedom.

]]> By: John Jantsch http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-1071 John Jantsch Wed, 30 Nov -0001 00:00:00 +0000 #comment-1071 David, To me strategic is who are we, what do we want our ideal target market to think about us, by the way who is our ideal target market and what problem or solution do they have or need. Do I like them! Tactical - what advertising vehicle, what offer, what call to action, what partnership, what mailing, what journalists, how do we keep score. David,

To me strategic is who are we, what do we want our ideal target market to think about us, by the way who is our ideal target market and what problem or solution do they have or need. Do I like them!

Tactical – what advertising vehicle, what offer, what call to action, what partnership, what mailing, what journalists, how do we keep score.

]]> By: David Rachford, CPA Marketer http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-1099 David Rachford, CPA Marketer Wed, 30 Nov -0001 00:00:00 +0000 #comment-1099 E-myth revisited. John, this brings up an interesting point - "strategic marketing" verus "tactical markteting" - Care to break it down a little more? Dave E-myth revisited.

John, this brings up an interesting point – “strategic marketing” verus “tactical markteting” – Care to break it down a little more?
Dave

]]> By: Watershed Studio Blog » Blog Archive » January 31st, 2007 Dailies http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-13215 Watershed Studio Blog » Blog Archive » January 31st, 2007 Dailies Wed, 30 Nov -0001 00:00:00 +0000 #comment-13215 <pingback />...project before making the decision to go “in house” or to outsource. The Less I Do, the More I Make We totally agree as do so many others. Until you’re in a management role, it often appears that management is being ... …project before making the decision to go “in house” or to outsource. The Less I Do, the More I Make We totally agree as do so many others. Until you’re in a management role, it often appears that management is being …

]]> By: The Less I Do, the More I Make « Genuine Business Improvement http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-13216 The Less I Do, the More I Make « Genuine Business Improvement Wed, 30 Nov -0001 00:00:00 +0000 #comment-13216 <pingback />...= 'wordpress.com'; _subd = 'smbconsulting'; _post = ... …= ‘wordpress.com’; _subd = ‘smbconsulting’; _post = …

]]> By: Deligation is an art | The Prosperity Guy http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-13229 Deligation is an art | The Prosperity Guy Wed, 30 Nov -0001 00:00:00 +0000 #comment-13229 <pingback />...homeostasis that neither pays well of satisfies. Read the entire article at Duct Tape Marketing Blog ... …homeostasis that neither pays well of satisfies. Read the entire article at Duct Tape Marketing Blog
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]]> By: Kofi Annan http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-1199 Kofi Annan Wed, 30 Nov -0001 00:00:00 +0000 #comment-1199 Most of us realize this much later on in the business process, and at that point it's hard to convince yourself to take a step back to allow your business to continue growing. Many of us get into business to do what we love doing and it's always hard to come to terms with the fact that if you want your business to become more than a hobby you have to implement certain procedures that's going to draw you away from the daily activity you enjoy doing most. But you're right, and I did just that by taking a year off to get used to the idea that I can't do it all myself. Now I'm back to work. Most of us realize this much later on in the business process, and at that point it’s hard to convince yourself to take a step back to allow your business to continue growing. Many of us get into business to do what we love doing and it’s always hard to come to terms with the fact that if you want your business to become more than a hobby you have to implement certain procedures that’s going to draw you away from the daily activity you enjoy doing most.

But you’re right, and I did just that by taking a year off to get used to the idea that I can’t do it all myself. Now I’m back to work.

]]> By: Accomplish More by Doing Less « Think~Innovate http://www.ducttapemarketing.com/blog/2007/01/31/the-less-i-do-the-more-i-make/#comment-13231 Accomplish More by Doing Less « Think~Innovate Wed, 30 Nov -0001 00:00:00 +0000 #comment-13231 <pingback />...“work” is the main activity or service that your business provides.  ... …“work” is the main activity or service that your business provides.  …

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