In an earlier post – What Is Your Life Worth? When To Outsource… – we looked at the value of your time, what to focus your efforts on and when you should outsource tasks.

In this post, I’m going to look at WHAT you can outsource easily and simply on the Internet.

When to Outsource

You’ll recall that our criteria on what you should outsource were:

· If you can get a job done by someone else for less than your
‘Outsourcing Cut-off Rate’…

· …(especially if they’ll do it faster/better)…

· And you can spend your time on more valuable things…

· => Then Outsource it!

What to Outsource

Well, here’s a short list of just some of the things you can easily and quickly outsource on the Internet…

• Research

• Copywriting

• Course / Tutorial creation

• Product creation

• Software development

• Articles

• Article submission

• Autoresponder series

• Web stuff

• Websites/pages

• Payment setup

• Press Release creation / issue

• Blogging

• Forum research

• Forum monitoring

• Forum posting

• Cold calling

• Call answering

• PA & office work

• Lead entry

• Video / Manual Creation

• Etc, etc

The list is – literally – endless!

What NOT to Outsource

Things you should NOT outsource include:

– Management of your business

– Control of your business

– Marketing of your Business (although you can outsource most of the elements)

There are also some key Skills you NEED to understand yourself, even if you outsource most of the work:

– Copywriting

– The Basics of anything you’re outsourcing, so you can Specify it and Control it

But How…?

The key stumbling blocks here often centre on:

• It’s too difficult

• I don’t know how to tell them what I want

• I don’t know where to go

• I’m worried I’ll get ripped off

Well, I don’t have time to go into all the details here, but suffice it to say…

It’s really not that difficult!

Just start with a limited task and try it out. Limit your risk until you have identified partners you can trust with bigger tasks.

And don’t expect any one individual to be able to do everything you need – most of the ‘freelancers’ and outsource companies out there have particular specialties – be it copywriting, web stuff, accounting or admin support.

I’m working on a full manual on Outsourcing Your Web Business but, in the mean time, look out for upcoming blog posts on WHERE to Outsource and HOW to Outsource …

Happy Outsourcing…

John Thornely
© John Thornely www.johnthornely.com 2008

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com

“When you have a dream,
you have to grab it and never let it go!”

Carol Burnett – Actress

What is your Life Worth?

Where did the last year go? It’s horrifying how fast life slips by, isn’t it?

Did you notice that the kids had suddenly grown up and you’re worrying about your pension?

And what did you achieve last year? What did I achieve?

Well, I’m not going to ‘wash my dirty laundry’ just here, but I know that I would like to have achieved much more than I managed!

You too? Well, think on this then…

How do you value your life? And your time?

Do you earn what you are really worth? As much as you should be paid?

And just… How Much Time Do You Have?

We all have exactly the same amount of time each day…

Are you spending your time…

…or investing it wisely?

Here’s another thought:

Poor People spend Time to save Money…

…Rich People spent Money to save Time!

Which are you?

How Much Are You Paid?

Please can we play a little game? But one that is DEADLY SERIOUS!

Fill in the numbers below — I think you’ll get a something of a shock!

A: How much do you earn each year? $£ …………………

B: How many hours do you work a day (inc travel)? ……………………

C: How many days do you work a week? ……………………

D: How many weeks do you work a year? ……………………

Z: The number of hours you work a year = BxCxD= …………… Hrs

Now work out your hourly rate = A = $£______ = …………… $£ /Hr
. Z ………Hrs

This is the Hourly Rate which you are selling or trading your time for!

=> And this is your ‘Outsourcing Cut-off Rate’
.     (more on that in just a moment…)

At a recent meeting, one business owner worked out that, although he was on a good salary, his effective pay was just £6.78/Hour!

What is Your Time Really Worth?

Before we go any further, let me just pick up on something Armand Morin pointed out at the Internet Success Bootcamp I recently presented in London.

Armand noted that, using his simple repeated and tested formula, he spends only 15 minutes or so preparing a landing page and Adwords campaign for marketing an Affiliate (someone else’s) product.

And just one such product recently earned him around $22,807 in a year.

On that basis – and let’s be conservative and say it actually took him an hour – he earned something like…

$22,000 an hour!

And that’s how he makes $15M-plus a year!

Now…

How About You?

And don’t think that Armand’s earnings are out of your reach.

Do you see that you – yes YOU – could do this through an Internet Business, an off-line business, Property Investment or other business.

And don’t think that “oh, that’s for the clever people – I couldn’t do that!”

This is for Real People – like you and me – the Internet ‘gurus’ all started with next to nothing – or chucked in well paid jobs to start their own businesses.

So why don’t you invest more of your time building your wealth?

People often focus on the short-term goals, rather than the long term – this can be driven by the need for cash-flow to pay the bills. But it also reflects a lack of focus and priority.

But back to today’s subject…

When to Outsource

· If you can get a job done by someone else for less than your
‘Outsourcing Cut-off Rate’…

· (especially if they’ll do it faster/better)…

· Then you can spend your time on more valuable things…

=> Outsource it!

You can outsource just about anything these days, with the help of the Internet. So which should you outsource?

Well, just think what you’re good at and that will earn the kind of returns we discussed earlier in this post – and focus your time on those activities.

And Outsource everything else!

I’ll show you some of things you can easily outsource and how to do it in future blog posts.

John Thornely
© John Thornely www.johnthornely.com 2008

To learn more about how YOU can
Profit From The Internet – Fast, visit
www.Internet-Tycoons.com