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Do you think you make the most of each day?

Many freelancers, consultants, and solopreneurs struggle to identify the most productive ways to spend their time…. And, to be honest, there is no one-size-fits-all solution. If you want to maximize your time so you can do more, earn more money, and still have time to enjoy life, think about how you are spending your time and how you can design your business around what you enjoy.

Determine how you spend your time in each of the following categories:

  1. low revenue
  2. Aren’t crucial to your work
  3. You hate
  4. You aren’t good at
  5. Take too much time

The next stage is to work out how to modify these things once you’ve discovered them. Working for yourself has the advantage of allowing you to constantly redefine your business to match who you are and where you are in life at any given time. In the end, anything that falls into these categories is interfering with your ability to manage your time, work, and life, which implies you either need to rethink your business model or find a new strategy to accomplish these goals.

Here are four possibilities:

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Let it go – Consider whether it is critical to your work and business model. We often waste time on things that aren’t genuinely necessary for us to execute our jobs, attract clients, or create money. This could be because someone else advised you to do it, it’s a plan you tried and failed to implement, or it’s something that was once critical to your firm but has since become obsolete. Is it possible to reorganize your work such that you don’t have to do it?

Limit it – As business owners, we all have tasks that consume a significant amount of time. These are important tasks, yet they could be non-billable or time-consuming. Can you set time constraints on how you do it so that it takes less time? For instance, you spend a lot of time during the day checking your email. Is it possible to keep this to 30 minutes three times a day?

Structure it – Running a single or small firm requires a high level of organization. You don’t have a million other people to do things for you, so you need to make the most of your time. It’s understandable that organization does not come naturally to everyone. The process can be learned. You may design replicable systems for your work using tried and reliable approaches, allowing you to accomplish more in less time. Basically, if you’re doing anything multiple times, it should have a repeatable structure to make it easy for you to do and delegate (see next step). Is it possible to create a structure that is repeatable and takes less time?

Find someone else to do it – This is especially difficult for those of us who work alone. You’re trying new things (which is fantastic!) and learning as you go, but you shouldn’t try to do everything yourself. It’s difficult to know where to invest your time and money, especially when you’re just starting out. When profit margins are slim, investing in knowledge can seem risky. Finding the proper professionals, on the other hand, is critical to success and making life easier. Something that you might spend hours Googling, reading, and making mistakes on would probably take an expert 15 minutes. And, to be honest, you might be shocked at how inexpensive an expert can be.

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Is there anyone who can do this better and faster than you? For instance, suppose you spent a week learning how to run Facebook advertisements, spent a lot of money, and saw no results. Is it possible to recruit someone who can do a better job in less time?

This is a simple formula that you can use to examine how you spend your time so that you may develop your business around what you enjoy. Because, let’s face it, if you want to waste time doing things you despise, you’d be better off working for someone else.