The time you save by outsourcing tasks to people who are more efficient at it will make you more money than the money you save by doing it yourself
You have to understand that your time is precious and that there are likely other and more important things to do.
This applies to non-business related activities too. You may not even realize the time you’re spending on social media every day, every week until you have the numbers staring at you.
For example, If you hire someone to take care of the administrative tasks you can free up time to focus on expanding and being even more successful.
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Buying time by outsourcing unpleasant or disliked tasks can benefit our well-being.
Unfortunately, we're not great at valuing time over money. To change our spending habits, it helps to value time more than money. It could mean that we seek a job for its flexibility rather than the salary ...
Sure, hiring an in-house person can do this task, but 8hrs/day is quite long, and if you are living in the western world that will cost you roughly $42k-$55k/year.
A budget, time, and person you can allocate into somewhere more cost-effective.
Outsourcing in Third World Countries has ...
Use technology to automate repetitive tasks. Start by listing down all the tasks that you have to do recurrently every week. Then find ways to automate them, either by using apps or building your own system. More automation means more time to focus on creative and productive work.
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