The Secret to a Ten-Hour Work Week

Let me make something clear. I work more than ten hours in a week. It often looks more like ten hours in a day. However, I invest an average of ten hours working on one of my businesses, and the return on that time is a fantastic income. This is not counting the time I spend working on all the other business ventures and contribution pieces that I am passionate about. But these other opportunities would not have been possible if I didn’t apply this valuable realization (which i’m excited to share with you, so you can have this freedom too!) to each and every aspect of my business.
Turns out, there is a distinct formula for success in business–and each entrepreneur must create their own formula for their unique business. Luckily, there’s no rocket science involved, and there are a lot of basic guidelines you can use to create your very own systems for success. Why would you bother taking the time to do all this? Because when you set out to build your business so that it functions smoothly, efficiently, in ways that thrill your customers, with as little of your direct involvement as possible, magic happens. Everyone is happier, including (and especially) you. In addition to gaining more free time, you will be more focused, creative and truly enjoy the time you spend on your business because you are not overwhelmed with every small detail of operations, and can use your creative energy on the high-level strategic planning and big picture.

Watch the latest episode of The New Entrepreneur to find out how I set up my business to run without me (most of the time) so I’m free to work on higher level projects.

Action Steps for Success

How to Get Started

  1. To begin, simply start writing down everything you do, in each area of your business. You can put it into a simple Word document, save it and expand and revise it as you go. The goal is to get the what, why, when, where, who and how of your business all written down in plain language so everyone understands exactly what is expected of them, and why.
  1. Test it out: ask a couple of employees to explain the policies and procedures in their own words and see if their interpretation is correct. Clarify and revise as needed.
  1. Make sure every employee has easy access to it, and they know they are expected to follow it.

 

8 Responses to The Secret to a Ten-Hour Work Week
  1. Rachael Slorach
    October 13, 2011 | 8:07 pm

    Hi Natalie,

    You are very knowledgeable with this subject matter! Love the video and how you brought your exact experience into it. I will be emailing this link to my dad who owns a bakery small business. Thanks,
    Rachael Slorach recently posted..Build ANY business online with these three steps – Mike Dillard’s “YOU, INC”My Profile

  2. viviana
    October 13, 2011 | 8:10 pm

    You’re doing great jobs. I love the video. Yes, P &P is important to provide a guideline to your staff. Let them know the business’s goal.
    viviana recently posted..Four Success Mindset Strategies to Keep Your Sanity in Network Marketing BusinessMy Profile

  3. Angela C.
    October 14, 2011 | 1:16 pm

    “…with as little of your direct involvement as possible…”
    I think that is key. And your action steps about making sure that employees understand the policies and guidelines is so important. We all want to micromanage but we forget that by stepping back we are actually benefiting ourselves more.
    Thanks for sharing your entrepreneurial wisdom with us!
    Angela C. recently posted..Day 1 – Into the light…My Profile

  4. Emmanuel Olonade
    October 14, 2011 | 8:11 pm

    Hi Natalie,

    It’s important to NOT do everything on your own. There are so many people out there that can do a better job.

    Systemizing can help your business grow rapidly. Everyone knows what hes has to do and everyone knows who to report to or who to run to in case of a problem.

    Thanks Natalie, and Have A Lovely Day!

  5. Tisha
    October 17, 2011 | 5:07 am

    Every thing Natalie said is correct. Writing out and going over policies and procedures with your staff and making it clear what you expect of them will set the tone for how they should work in running the business effectively.

    These are great tips, thanks. There are a few that I had to take note of. Cheers to a successful business. :-)
    Tisha recently posted..Learn to Visualize What You Want and Set Your Intention to Manifest ItMy Profile

  6. A. Leigh Edwards
    October 17, 2011 | 9:04 am

    Hi Natalie,

    Beautifully stated! This is project management at its best and the exact precision in which major corporations are built-upon. Something else I would add to this is required initial group training as well as re-training to convey any updates to your Standard Operating Procedures (SOPs). It may also help to keep a training record for each new employee with a signature record to establish the employees’ acknowledgement that they have received each specific and applicable training.
    A. Leigh Edwards recently posted..This 2 Shall Pass…My Profile

  7. Alan Cheng
    October 17, 2011 | 5:58 pm

    Hi Natalie,

    I loved your video. Great information and it looks fantastic…very professional.

    You reminded me of the possibility of selling the business which is something we need to prepare for now and not when it’s needed.

    I appreciate you sharing your experiences since you’ve successfully sold your business before.

    Look forward to reading more of your posts.
    Alan Cheng recently posted..Top 10 Best Websites For Internet MarketingMy Profile

  8. Lou Barba
    October 22, 2011 | 3:34 pm

    Hi Natalie,

    Great simple guide for the small businessman. Keeping employees happy is something every smart boss works hard at,

    Lou
    Lou Barba recently posted..The GiftMy Profile

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