CASE STUDY: WEARING TOO MANY HATS IN YOUR BUSINESS?

SOLUTIONS BY THE PANEL OF EXPERTS


Have you done your invoicing? Hang on, you have a meeting to go to… wait, don’t you need to be writing your blog? What about that interview for a sales staff ……

Running a small business can pose a few challenges, and one of them is wearing too many hats. There a few things you can do from a time management point of view and also put time aside to work on the business rather than work in the business.

Chee Wong of Expert Messaging, Andrew Christopher of RFBE Consulting and Lesley Dewar of Stories My Nana Tells discuss this case study to assist business owners who are juggling too many roles in their business.

 

Chee Wong: Expert Messaging

Expertise: Time Management

Chee

– Being an email productivity specialist, you’d obviously expect me to say that conquering your inbox will help your business. Researchers tell us
that most Australians are spending over 2+ hrs in their inbox every day. For most people, it may be possible to cull that back by as much as an hour. The quickest and most efficient way to learn how to do this is via one of our 60 minute workshops (www.expert-messaging.com.au/public).

– While working on techniques to increase efficiency in the business is definitely going to help, perhaps the single most important thing that helped
me through my early days was getting my mindset right. I reached a point when I said to myself “This is not working, this is not sustainable!”. I made a
conscious decision to change. That’s when I started listening to podcasts such as ‘This is Your Life’ by Michael Hyatt and reading books such as ‘The 4
Hour Work Week’ by Tim Ferris.

– I’m not doing a 4 hour work week, but I am achieving far more in 4 work days than I ever did working all those crazy hours.
– Feel free to email me directly or leave a comment on my Youtube video on Nifnex TV.

Bio:

For a detailed and customized time management solution, contact Chee Wong from Expert Messaging at 0423 267 517 chee.wong@expertmessaging.com.au

 

Andrew Christopher: RFBE Consulting
Expertise: Business Excellence

Andrew Christopher profile2

The importance of balancing working “on the business” with working “in the business.” Maintaining this balance is a critical challenge that is
common to small and large businesses. Very simply, if you do not have the right focus “On the Business”, the business will be challenged to improve and grow.
Larger businesses can afford resources tomaintain “on the business” focus through Boards, Executive and Specialist Functions.They are however, not immune to getting the balance wrong through failure to delegate, managementdippingdown,firefighting, etc.
Small business owners, particularly at startup, are going to be wearing multiple hats. It is important, however that they seek expert help to understand:-

– what these hats should be, the obligations as well as risks in order to make informed decisions about trade-offs and when to seek external help.
– “on the business” imperatives- e.g. work in the areas of strategy, leadership, market and competitors- help the business to grow and increase
profit
– “in the business” tasks- e.g. work on the tools, production and accounting are all important but don’t grow the business.
– what balance is required and how to achieve this

Today, small business owners can access this help from consulting firms such as RFBE that provide affordable and integrated SME-focused Director, CEO, CFO, CIO and other senior “On the Business” role services and support.

Bio:

To engage Andrew Christopher to take a closer look at your business and assist you, contact Andrew Christopher from RFBE Consulting at 0419197558, achris@rfbe.com.au

 

Lesley Dewar: Stories My Nana Tells
Expertise: Writing and Using Social Media to Network

Lesley_dewar2

My approach is to focus on identifying major goals, the strategy to achieve them, and work in highly focused, intense sessions.

The power of having written goals cannot be overstated. With written goals, 3% of business people achieve 98% of the wealth derived from
business.

What is a strategy? It is a plan of action or policy designed to achieve a major or overall aim. The end goal never changes and you base your reviews on “is this moving me closer to my goal?”. The commitment to have a strategy is more important than the strategy itself. You can amend, redefine, and
change your strategy as the year progresses, as results make themselves apparent or opportunities present themselves.

– Do not procrastinate on minor decisions – Filter out what is not necessary for you to do, yourself.
– Think about saying “No”, instead of saying “Yes”, if it does not fit your strategy and will not move you towards your goals.

As an intense working session on a major task, a 50- minute sprint will increase your productivity. The decision to start has been made. Turn off your email, Facebook, Twitter and phone. STOP at 50 minutes. Take a 10-minute break. THEN decide IF you will continue on the same task.

Bio:

For a detailed and customized solution from an expert in writing and using social media for networking, contact Lesley Dewar from Stories My Nana Tells at 0417 915 502, www.storiesmynanatells.com, lesleydewar@bigpond.com

 

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