3 Essential Components For Your Business That Will Save You Time And Money

1. Automate: The best way to maximize your time and save money running a business is to lean on tools that make your life easier. Zapier is a game-changer; it's my favorite automation tool. It allows you to connect different online tools, such as Google Drive, Asana, Slack, Stripe, etc., and have them talk to each other in any way you need them to. It all happens in the background; it's pure magic. Here is one automation that we use at my agency: When a new client pays for an invoice through Stripe, it automatically triggers Asana to spin up a new project and creates a new channel inside Slack. Rule: don't be frugal when it comes to spending money on tools that will save you time and mental calories. $50/month for a tool that can save you upwards of 20 hours per month should be a no-brainer. 2. Systemize: Systems are the make-it-or-break-it point of your business. One of the best things you can do from the start is to build procedures for a specific task. Write down all the nitty gritty details; the more detail, the better. This becomes a huge time-saver when you're onboarding new team members and clients. Rule: if you're doing something more than 2x, you should build a system around it to make the 3rd time more streamlined. 3. Delegate: When you start your first business (or side-hustle), you wear multiple hats: marketing, admin, sales, business development, etc. When your business starts to make money, your first order of business is to hire people for the work you're not interested in doing. Some tasks that you can delegate: • Admin work • Client communication • Support tickets • Accounting My go-to place to hire people is Upwork. You can find a variety of VAs, Designers, Developers, Project Managers, Accountants, etc. Rule: if you don't get energy from the work that you are doing, and you can't automate it, then you have to delegate it.