$5 vs $50 An Hour Tasks: Having A Conscious Understanding Of What You’re Doing In Your Business
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Description
In the latest episode of the Success School Podcast, we will talk about a topic that can truly transform your business mindset — The $5 versus $50 an hour tasks. ‎️‍🔥 I’ll share insights on maximizing your time, focusing on your areas of expertise, and analyzing where you are spending your time in your business.  As I reflect on my recent purchase of a power drill, I want to stress the significance of investing in the appropriate tools for any given task, as well as the value of giving priority to tasks with higher returns on investment. I'd like to share my perspective on distinguishing between tasks that generate $5 per hour, like handling invoices and email responses, and those that bring in $50 per hour, such as conducting sales calls and crafting content calendars. From my experience, I've come to appreciate the advantages of outsourcing and liberating oneself to concentrate on tasks that genuinely propel the business forward.  The main topics we cover: 💥 Importance of maximizing time and focusing on high-value tasks in business. 💥 Examples of $5 and $50 an hour tasks. 💥 Outsourcing and delegating tasks to free up time for high-value activities. 💥 The benefits and lessons learned from my personal journey as an entrepreneur with multiple businesses. 💥 The value of investing time and money in high-quality tools and equipment. Watch the episode on Youtube: https://www.youtube.com/@realtimfrey Join us every Monday to get your weekly hit of knowledge. If you have any questions or find value in the show, let me know on IG @realtimfrey or for more on our courses and mentorship head over to Tim Frey.
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