Finally Friday and Talking About The Cost of Efficiency

This is a different cost than the normal ones. Efficiency has a different value on it than goods or services. This might cost upfront but you will see the payoff in the coming weeks.

This could be something like upgrading your software or hiring an outside company to do your marketing. In the end, it is all about the user experience and creating happy customers.

So what should you consider when looking at being the most efficient that you can be. Here is a shortlist by Tony Robbins about being efficient in business (click here).

Efficiency list

The first thing I would do would be to write a list of only the things that you can do. You might be a baker and only you know your secret recipe. Or your business sells to other businesses and you have a great relationship with your customers. These might be things that you can only do but if not then it might be best to get some help.

Second I would take a look at what are your options for the things you do not have to do yourself. If it is marketing should you hire someone or a firm? If you deliver could you get a part-time delivery person or get some freelancers? These are things that are going to free you up to do more of what you have to do and less than anyone can do.

Finally, there is the middle ground. These are things that you could do or someone else. This is where looking at your options is going to help the most. You will need to stay profitable. But could you be more scalable to grow faster if you did not do them? Sometimes you do not even know what is out there for help until you look and it might be a better option. If it is something that you do not like doing if you hire someone or a firm they might do it better.

I would make the three list and see what you can do about only doing the things you need to do.

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Your friend,

Wesley