Make More Money by Doing Less?

Make more money by doing less? Is it really possible?

A question from Jeremy: What do you mean by making more money by doing less?

I remember my mentee, Dina.  Like most businesswomen, she is a super woman.

On a typical day, she wakes up at 5 am and sleeps at 12 midnight.  She does marketing, cooks, attends to her husband and kids, does the work of a bodegera, checker, clerk, delivery girl, driver, messenger, purchaser, and bookkeeper. After everyone is already asleep, she still works.

On a bad day, she handles customer complaints, looks for better suppliers, brings the van to the shop for repair, etc.

Every day, she is so busy that she does not have time to reflect and think about her business.  Besides, sleeping 5 hours per day, in the long haul, affects the ability of her brain to be creative. It’s impossible to grow her business without time for planning and strategizing for the long-term.

How can she do less and make more?  Through people.

She does not know it but she is doing the work of at least 5 people.  What she needs a team of people who are:

• competent,
• fitted for their job,
• well trained,
• motivated and
• happy in their work.

She needs people who can talk to suppliers, and customers and do the job the way she does.  And, she needs to make sure that all her employees are happy and motivated.

Hi, committed business owner!  I am Myrna L. Tam-Natividad, author, business mentor, and entrepreneur. I help business owners like you reduce your confusion, frustration, overwork and overwhelm by helping you apply the GYBP Roadmap® so that you can make more money by doing less.

When you have an A-Team, you no longer have to run around like a headless chicken.  You no longer have to worry about whether your people are working when you are away.

Once in a while, you can then leave your business so that you can see opportunities and grow your business.  You can start to look to the future instead of going crazy with details in the present, and be solving problems created in the past.

Committed business owner, one secret to growing your business is to grow your people and you can learn more from my book, GYBP- Your Practical and Proven Roadmap on How You Can Make More Money by Doing Less.

What are your employee problems? Put them in the comments below so that we can answer them in the next videos. Remember, grow your people to grow your business.  See you next time, and, grow your business, Pinoy!

Comments