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Join Me & Hire Ahead of Time
Have you thought lately that you’re doing too much stuff that’s not adding value to your business?
In this episode of The Speed Mentor Podcast, Gavan helps you assess the time you put in inside your business. Is your ‘hourly rate’ as a businessman still worth your time? Should you outsource some business processes? Gavan highly suggests that you look into outsourcing a few of your business processes so you can concentrate on the value-adding tasks. Know also why start-ups and solo entrepreneurs look into hiring virtual assistants.
Gavan says this episode will have an impact on you, and he wants you to take immediate action after listening!
KEY TAKEAWAYS
- Compute your hourly rate. If you’re a business owner, learn how to compute your personal earning rate or hourly rate. Divide your per annum earnings by 52 (number of weeks), then divide the quotient by the hours you spend in a week. For example, if you’re earning £60,000 per annum and working 50 hours per week, then your hourly rate is £23.08.
- Analyse the tasks you do every single week. Make a detailed list of all the tasks you do, from the easiest to the hardest. Order them according to the value they add to your business.
- Look at the bottom of your list – the least value-adding tasks. Outsource these business tasks, especially the administrative functions (e.g. booking appointments, procuring equipment, etc.)
- Find someone who could help you do these tasks and also bring a different kind of value through them. Search for virtual assistants in online platforms that offer freelance services to entrepreneurs.
- If the people you hire see that you are a confident and competent leader, then surely, they’ll be motivated to do their tasks effectively.
- Another advice from Gavan: When you see someone special, do everything to make him join your team.
BEST MOMENTS
- “When you take a systematic approach to stuff like these [tasks], it will scare you how much you are doing that someone else should be doing and how much time you can have back to be adding value elsewhere.”
- “There’s almost certainly a gap in your market that you are not exploiting because you’re doing so much time on these lower value-adding stuff.”
- “If you’re not brave yet, start leveraging your time through a virtual assistant or a part-time person.”
- “Believe in what you’re doing.”
VALUABLE RESOURCES
- Fiverr
ABOUT THE HOST
Welcome to the Speed Mentor Podcast.
Do you want success and abundance in your life?!
Do you want to hear how to achieve it?
Then you’ve come to the right place where the world’s only Speed Mentor, Gavan Wall will mainline you with micro bite-sized chunks of inspiration fused with knowledge, built into a daily routine to help you deliver success.
After walking away, a decade ago from his gilded life as a leading Barrister and property investor, Gavan Wall started his entrepreneurial career in inauspicious circumstances as he lost everything in the property crash.
But he refused to give up, re-building a financial fortress from scratch, until now he leads multiple successful multi-million £ companies across FMCG, Franchise, Tech, Property and Mentoring.
He’s the Speed Mentor and serial entrepreneur, who shares with you all the breadcrumbs of success and just as importantly the failures. If you listen, you can avoid the potholes and learn to conquer your fear and live a life of success and abundance just like him.
But be warned, his message can be stark and will not be for those seeking shortcuts. If you’re wanting to be told that the law of attraction will deliver success wrapped in a bow to your front door, then this Podcast isn’t for you, as that’s never going to happen! It’s time to own your own sh#t, never blame others and take the massive action to create the attraction.
The opportunities and whitespace are everywhere. Gavan will help you get outside your comfort zone, connect with others, shed the scarcity mindset, set gorilla goals and achieve so much more.
If you want to make your ideas soar…then talk to the Wall!
CONTACT METHOD
- Gavan’s LinkedIn: https://www.linkedin.com/in/gavan-wall-b828a56b/
View all episodes
By Gavan Wall
4.5
22 ratings
Have you thought lately that you’re doing too much stuff that’s not adding value to your business?
In this episode of The Speed Mentor Podcast, Gavan helps you assess the time you put in inside your business. Is your ‘hourly rate’ as a businessman still worth your time? Should you outsource some business processes? Gavan highly suggests that you look into outsourcing a few of your business processes so you can concentrate on the value-adding tasks. Know also why start-ups and solo entrepreneurs look into hiring virtual assistants.
Gavan says this episode will have an impact on you, and he wants you to take immediate action after listening!
KEY TAKEAWAYS
- Compute your hourly rate. If you’re a business owner, learn how to compute your personal earning rate or hourly rate. Divide your per annum earnings by 52 (number of weeks), then divide the quotient by the hours you spend in a week. For example, if you’re earning £60,000 per annum and working 50 hours per week, then your hourly rate is £23.08.
- Analyse the tasks you do every single week. Make a detailed list of all the tasks you do, from the easiest to the hardest. Order them according to the value they add to your business.
- Look at the bottom of your list – the least value-adding tasks. Outsource these business tasks, especially the administrative functions (e.g. booking appointments, procuring equipment, etc.)
- Find someone who could help you do these tasks and also bring a different kind of value through them. Search for virtual assistants in online platforms that offer freelance services to entrepreneurs.
- If the people you hire see that you are a confident and competent leader, then surely, they’ll be motivated to do their tasks effectively.
- Another advice from Gavan: When you see someone special, do everything to make him join your team.
BEST MOMENTS
- “When you take a systematic approach to stuff like these [tasks], it will scare you how much you are doing that someone else should be doing and how much time you can have back to be adding value elsewhere.”
- “There’s almost certainly a gap in your market that you are not exploiting because you’re doing so much time on these lower value-adding stuff.”
- “If you’re not brave yet, start leveraging your time through a virtual assistant or a part-time person.”
- “Believe in what you’re doing.”
VALUABLE RESOURCES
- Fiverr
ABOUT THE HOST
Welcome to the Speed Mentor Podcast.
Do you want success and abundance in your life?!
Do you want to hear how to achieve it?
Then you’ve come to the right place where the world’s only Speed Mentor, Gavan Wall will mainline you with micro bite-sized chunks of inspiration fused with knowledge, built into a daily routine to help you deliver success.
After walking away, a decade ago from his gilded life as a leading Barrister and property investor, Gavan Wall started his entrepreneurial career in inauspicious circumstances as he lost everything in the property crash.
But he refused to give up, re-building a financial fortress from scratch, until now he leads multiple successful multi-million £ companies across FMCG, Franchise, Tech, Property and Mentoring.
He’s the Speed Mentor and serial entrepreneur, who shares with you all the breadcrumbs of success and just as importantly the failures. If you listen, you can avoid the potholes and learn to conquer your fear and live a life of success and abundance just like him.
But be warned, his message can be stark and will not be for those seeking shortcuts. If you’re wanting to be told that the law of attraction will deliver success wrapped in a bow to your front door, then this Podcast isn’t for you, as that’s never going to happen! It’s time to own your own sh#t, never blame others and take the massive action to create the attraction.
The opportunities and whitespace are everywhere. Gavan will help you get outside your comfort zone, connect with others, shed the scarcity mindset, set gorilla goals and achieve so much more.
If you want to make your ideas soar…then talk to the Wall!
CONTACT METHOD
- Gavan’s LinkedIn: https://www.linkedin.com/in/gavan-wall-b828a56b/