Investing Money to Buy Back Your Time

When you start your own business one of twotrue that small business people need to be organized,
things happens - you either invest in your businessthere are a lot of ways that you can stay organized
wisely or you do a great job of convincing yourselfwithout breaking the bank. A true investment in your
that all of your purchases are business expenses. Ifbusiness is one that will save you time or make you
you're ready to stop "playing business" and reallymore money.
invest your money where it is needed, you need toOne of the best examples of this is hiring am
understand what investing IN your business reallyassistant virtual or traditional to handle some of the
means.menial tasks of your business. How much time are
Many new business owners falsely assume that theyyou spending each week responding to e-mails,
need a lot of "stuff" in order to be in business. Theysorting through spreadsheets or checking in on your
run to their local office supply store and get theweb stats? This time could be better spent making
latest ergonomic chair, professional filing system andnew sales and increasing your contacts. Paying for an
a new laptop - all before they've made their first sale!assistant's services actually makes you money
While this spending is technically related to business,because it saves you from doing all of those menial
it's not really investing in your business.tasks yourself. So the next time you want to spend
Let's think about what an investment means. Whenmoney and call it a business expense, ask yourself if
you make an investment, you are expecting a returnit's an investment or just a purchase. Spend your
on your money. You put forth money and you shouldmoney where it will matter and you'll grow your
get more money back, when was the last time abusiness faster.
filing system made anyone any money? While it's