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Maximize Your Profits Outsource Low Value Tasks Smartly

Name: Maximize Your Profits Outsource Low Value Tasks Smartly
Uploaded: 2024-12-01T16:59:21+00:00
Duration: 45 s
Channel: Henning Schwinum
Description: Solopreneurs waste money doing $30-50/hr admin work when they could spend that time earning $200-400/hr. Outsource bookkeeping, scheduling, and invoicing…

1 Dec 2024 · 1 min

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0:45

Solopreneurs waste money doing $30-50/hr admin work when they could spend that time earning $200-400/hr. Outsource bookkeeping, scheduling, and invoicing to free yourself up for higher-value work.

Questions this video answers

$30 or $50 per hour

$200, $300, or $400 per hour

Chapters

When you start your business as a solopreneur, most everyone starts out doing everything themselves, including the things that I call running the business, like keeping your books, scheduling meetings, setting appointments, paying bills, sending invoices. But you can outsource that. And there are really only two factors to consider. The first one is you have to pay somebody when you outsource. But if you outsource low value adding work, you can often find somebody that you pay 30 or $50 an hour. Help with this admin task. And now you can turn around and monetize the same hour for 200 or 300 or $400.