If you’re like most business owners, you’re probably working well over 50 hours per week. This is a lot of time, but unfortunately for many owners, it does not lead to positive results. To get the results we want in our business, we must evaluate how we spend our time and what we spend our time on. In this article, we’ll discuss:

What are your big audacious goals for your business? Do you want to expand into new territories, reach $1 million in sales, or even sell the business?

These are outstanding goals that most business owners ponder. But the problem is, how do we get there?

Many business owners work long hours and even weekends in their businesses to achieve their business goals, but don’t see their hard work translate into results.

In fact, 57% of small-business owners say they work six or more days each week. 39% of business owners work over 60 hours a week, according to a Gallup study.

This is not healthy over a long period of time, as it can lead to health problems down the line.

What you probably didn’t know is that 80% of the work we do in our business is routine work.

These are things we do every day to maintain the business that doesn’t exactly grow the business.

The solution to stop wasting time in your business is leverage.

Watch our Youtube video for more information on why we should apply leverage to our business

What is Leverage?

Leverage is the idea of “ever more with ever less” or maximizing your results with less effort on your part. We do this by systemizing the business. Systems allow you to ‘Save Your Self Time Energy and Money’.

Leverage can include business automation which describes “the use of technology applications that perform repetitive tasks, freeing up [people] for higher value work”.

It can also include systemizing the ways you and your team perform tasks so that they are completed efficiently every time.

You’ll experience faster production, less rework, and better use of resources, allowing employees to run the business at a higher capacity as we train them to take on these routine tasks.

4 Efficient Ways to Leverage Your Business

By optimizing your operations, you can save time and money while boosting productivity and profitability. In this video, I’ll explain the four key areas you should leverage to make your life and owning a business much easier.

The ultimate goal is to have your team take care of the day-to-day things so that you have time to focus on the goals of your business. This is the key to the results you’re pursuing. This is the 20% you should be focused on.

The 3 Best Ways for Business Owners to Invest Their Time

  1. Seeking new business opportunities – Think of ways you can expand your business and reach. Are there ways you can outreach to the community or partner with other businesses or organizations?
  2. Providing leadership to your team – We should always think of ways that we can better communicate with our team so they can achieve the results we need them to achieve.
  3. Mapping out the future of the business – This is where those big audacious goals come back into play. Now that we’ve taken things off of our plate, we can put the necessary time required to achieve them. Now we can build our roadmap by creating our 3 to 5-year plan and breaking down the big goals into smaller goals that can be achieved through strategic planning. Remember, these goals must be SMART.

If you need further proof that systems are the key to success, just look at McDonald’s restaurants. They are all over the world introducing the same quality product and service, employing low-skilled staff and making very good profits.

So stop being a slave to your business and the meaningless routines that hinder growth. Start leading it. If you’re unsure how to start, talk to a business coach to map out a plan to achieve your big audacious goals.