Being Too Busy

Being Too Busy.

Have you ever stopped to think every time you pass up an opportunity to do business, to meet friends or to do something new and you say “your too busy”, that you might actually not be too busy you are just disorganised or have your priorities wrong.

Now don’t get me wrong, many of us have lots of things to do and we can feel too busy but where do you draw the line.

Over the past 15 years I have run a successful IT Consultancy which included supporting Home PC Users and Business Clients.  The business is still going strong, but so is many of my other business interests.

Recently it had gotten to the point where everything was so successful that I was not able to dedicate enough time to each individual business in order to do it justice and I could see a problem beginning to develop.  I recently counted that I had passed up £2000 worth of business in one month because I was too busy.  It isn’t a staffing issue, we are adequately staffed, the issue was me wanting to do too much of that work myself.  Something was going to break and I didn’t want it to be me.

Identifying your priorities is key in this situation.

To identify your priorities, don’t automatically think the ones you enjoy doing the most or the ones that make you the most money are high priority.  It’s no good having a high paying task to do that will take you all day, if you can do 4 lower paying tasks and earn the same money and still have time left to do other things.  When you make your todo list, you will generally do the easy tasks first or the ones you like doing.  What happens then is you burn up all your energy doing these tasks and when they are complete you have the ones you don’t like doing left to do and your motivation and energy to get them done is low.  Do the SJ’s (shitty jobs) first, then get the easy ones done.

Being “too busy” is costing you money.

I have now identified the areas in my Business that I want to concentrate on, the areas that have been taking up so much of my time have been delegated out to other people.  This gives me the opportunity to work other areas of my business that can I can develop into high income streams.

Multiple Streams Of Income

One of my golden rules of becoming financially independent is to develop multiple streams of income.

Lets face it, we all have multiple streams of outgoings – Mortgage, Council Tax, Electricity, TV Subscriptions, GYM membership, Internet Connection, etc..

How will you deal with those unexpected bills?  Save a little and at some point you wont have any choice but to dip into those savings to pay for something unexpected.  How do you plan for the future when so many unexpected expenses crop up.

Multiple Streams Of Income

Ok so you have a day job, thats income stream number 1.  Why not invest some money in shares, or think about setting up your own business(s). Turn your hobby into a way of making money, are you considered an authority by anyone on a particular subject.  You can turn this into a business online by writing a blog about it.  There are so many ways to make money online.

The problem most people have is confidence and a presumed lack of knowledge.  Learn how to setup a blog free online, which is the simplest and quickest way to get  a webpage up, write about what you know, add some Google adsense adverts and you have got yourself a new income stream.  Do this for multiple subjects and you start to grow multiple streams of income.  Don’t set these up and sit back for too long because your long term success is in the hands of someone else – Google.

Think about developing new business ideas by providing services to others online.   How many website owners actually like and have time to write their own content.  Think about writing content for them and agree a fee, how many websites are there online – masses of potential customers for you.

This is just one of many ways to make money online and build multiple streams of income.