Spending money to get my time back has been one of the best uses of my capital.
I run a lot of projects:
Work up to 50-60+ hours a week as a management consultant (not including travel)
Work on my side businesses
Participate on several public policy committees
Conduct pro-bono projects for local nonprofits
Attempt to read a book every week
Write books (in progress)
Spend quality time with friends at least weekly and fly often to visit family
Work on my advanced degrees
...and sleep 7-8 hours a night, walk/run 5-10 miles a day, and live a healthy lifestyle.
This wouldn't be possible if I insisted on doing every single errand and task myself. Furthermore, although these things probably sound like work, they're actually my hobbies. I love them. They make me happy. So I was thrilled to be able to spend more time on these things but outsourcing what I call "life maintenance" -- especially the things that I absolutely hated.
These can easily suck up the entire weekend, leaving me with little time and energy to spend on MEANINGFUL work and activities that actually progress and fulfill me. I am intentional about spending my time, money and resources in areas that make me happy.
My time is limited and valuable, and I believe it should be spent doing things that only I can do. If someone else can, I delegate. Here’s a list of how I’ve gotten at least 30 hours a week back, just by outsourcing:
Grocery Shopping (Weekly)
Meal Preparation/Cooking (Weekly)
Budgeting and Investing through Automation Systems (Daily)
Appointment-Only Beauty Services (Weekly)
Time Currently Saved Per Week: ~35/hrs. With 35+ hours a week, you could reasonably get back 140 hours per month, without skipping out on any of your guilty pleasures. What could you do in that time?
Work on your own business
Advance your education
Work on a side hustle/craft
Spend quality time with family and loved ones
Furthermore, if you’re spending a mere ten hours of that time on a revenue-generating activity, you’ll make your money spent back and then some.
To be clear, I'm not mandating that you outsource these things -- only suggesting that you can consider outsourcing things that you hate, in order to free up resources. Some people LOVE cleaning (can't relate) -- for them, it wouldn't make sense to outsource it.
Determine what will most dramatically impact your quality of life, what absolute makes you miserable that you would pay to never have to do again, and work from there.
Once you've done that, think about it: what can you accomplish, create or even earn with that newly-freed up time?
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