Traveling for business can be unnerving for entrepreneurs at all levels. Most of us get so busy keeping shop that we forget to make the transition from personal traveler to professional traveler—and the result is wasted hours, money, and time. Below are a few tips on how to start traveling like a pro. Remember, as a business owner, your time is money!
It pays to play to your strengths. But how do you pinpoint the areas that will increase revenue and earn you more money? Simple: by following Pareto’s Principle.
Developed by Italian economist and sociologist Vilfredo Pareto, this short, simple rule states that 80% of our results come from 20% of our activity.
I hear it from almost 90% of my clients… “Ali, I’m working 10-to-12-hour days to run my business. My husband and kids hardly see me, and I’m starting to burn out. What am I doing wrong?”
When I dig a little further, I usually find that the sense of overwhelm is coming from the same source: These people haven’t identified their most profitable projects, and placed those tasks ABOVE everything else in their business priority list.
In other words, they haven’t created a profit calendar.
