Principle 8
Outsourcing Your Non–Revenue-Producing Tasks
Unless a man undertakes more than he can possibly do, he will never do all that he can.
—Henry Drummond
In this chapter, you will learn why it's important to hire a bookkeeper to pay your bills and any and all other non–revenue-producing tasks that are impacting your prospecting and sales results. You'll also learn why it's important to use virtual assistants and others so you can focus most of your energies on what you do best—driving revenues to your company. You will learn about creating a Virtual Board of Directors and how to embrace change for the betterment of your company. Finally, you will learn how and why Sam Walton of Wal-Mart successfully navigated these same issues to change retailing forever.
Bookkeeper
According to Sandy Botkin, attorney, CPA, and former IRS legal specialist, there are two reasons why most Americans never achieve wealth. First, they fail to save 10 percent of their income. Second, they overpay their taxes year after year. As an entrepreneur, you must retain the services of a skilled accountant who understands and applies the existing laws as they apply to the business owner, and here you'll learn how to make the best decision in finding one.
Have you ever been frustrated with your own personal finances? So much so that as your business grows and your family grows, you literally seem to have a bill due virtually every day of the month? Well, you are not alone. I too have struggled with these ...
