-
- Jun 28 2008
- 40 Comments
-
I had originally planned on writing something totally different today. But as I was looking over the comments from a previous blog post, one of them struck me…
Continue reading What’s The Best Internet Marketing Business To Start?
-
- Apr 03 2006
- 4 Comments
-
If you’ve kept at it and tracked your time you should now have crystal clarity about how you are currently using your time.
Any surprises?
Are you doing things that you shouldn’t be doing?
If so, it’s costing you a lot more than you think, here’s why…
When you study systems you learn that the maximum output of any process is set by its scarcest resource. Your business is a system.
And what are the key resources needed by your business?
1. Money
2. People
3. Time
Money
If you have the right business model and you are effectively progressing toward your business goals you should either have, or have access to enough money. And the ability to get more isn’t constrained, there are plenty of investors for the right businesses.
People – There is no limit usually to the people you can hire or outsource to, especially when you have enough money.
Time – Of the 3 major resources time is scarcest. It’s also totally perishable and cannot be stored. Yesterday’s time is gone forever and will never come back.
Everything you and your business does requires time.
All work (whether useful or not) eats away your time. But, most entrepreneurs (at least the unsuccessful ones) take for granted the unique, irreplaceable, totally perishable, and necessary resource.
Effective entrepreneurs realize that time is the limiting factor.
So, with your time logs in front of you answer the question:
What are some of the activities that I am currently doing that does not contribute to my effectiveness?
And once you come up with some answers the next question to think about is:
How can I either eliminate these time drains, automate them, or pass them off to someone else?
If you are not sure what are the activities that you should be doing, have no fear, I’ll quickly explain how you can arrive at the right answer.
Let’s pretend for a moment you were leaving your company for a while and you were going to hire a company president to grow your business while you were away. Before you left, the new company president asked you – what are the activities I must focus on, on a daily basis if I really want to grow your company as quickly as possible?
Your answer is where you should be spending your time. Because if you are running your company then you are the company’s president. And if you want to be effective you better be able to answer these two questions.
What am I getting paid to do?
What should I be paid to do if I am being paid for the right things to be done in my position?
Once you are clear about that – begin to ruthlessly cut away at activities that don’t make the list. In my upcoming notes to you I’ll show you how to do exactly that – get rid on the wasteful activities that clog up your cashflow.
To Your Effectiveness,
Rich Schefren
-
Just ONE Simple Shift...
ONE Obstacle Overcome...Can Bring You The BIG Results You Want From Your Online Business
Rich Schefren reveals the SIMPLE answer in his newest report...
The Uncertainty Syndrome: The Entrepreneurial Emergency
There Is No Reason Why You Can't Have The Success Gurus Have, By Dealing With The Same Simple Factor...Get it Now!
-
Internet Marketing Reports & Resources
-
Ask Rich
-
Bookmark Us
-
-
Internet Marketing Categories
- Internet Marketing Blog (127)
- Contests (1)
- Customer Value (2)
- Effectiveness (42)
- Online Entrepreneur (5)
- Internet Marketing (25)
- Make Money Online (3)
- Market Attention (9)
- Internet Marketing News (33)
- persuasion techniques (1)
- Quotes (2)
- Business Strategy (15)
- Taking action (8)
- Internet Marketing Tools (7)
-
Internet Marketing Archives
-
Popular Tags
frank kern marketing community coaching program Brad Fallon internet marketers founder Rich Schefren Business jay abraham online marketing Blog entrepreneur profits john carlton internet business business acceleration maven youtube email challenges manifesto marketing jeff walker business founder business acceleration program constraints mike filsaime online business entrepreneurs marketing strategies money strategic profits business building Gary Vaynerchuk guru overcoming constraints founders club business owners momentum home study Tony Robbins internet wealth business growth marketers internet marketing -
Contests
- 66 Seconds Video Contest (
enter)
- 66 Seconds Video Contest (
-
Community
-
Internet Marketing Products
-
Internet Marketing Tools
-
Internet Marketing Resources
-
Links
