Maximizing Your Time as A Solopreneur
Trying to avoid burn out by measuring the value of my time
Creating processes will bring you freedom through the ability to automate and outsource tasks easily.
Moving from being an employee to becoming an entrepreneur is a big leap.
One of the significant adjustments is accepting that time is your most precious commodity.
If you value your time at $100/hour, it makes certain decisions, such as outsourcing work to a $6/hour virtual assistant, a no-brainer.
If you bill clients $60/hour, then an hour of your time is worth $60.
Realizing your time is worth $X/hour is the first step; the next step is generating $X for every hour you work. The third step is figuring out how to make your time worth $X2 or $X3/hour.
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While you won't earn anywhere near $X/hour when you begin building your product, once you launch, you should aim to hit that number within 6 months.
Outsourcing aspects of your business is the most robust approach to increasing your true hourly rate as an entrepreneur.
Boring movies, bad TV, and pointless web surfing are expensive propositions.
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