Millionaire Secrets Revisted Part III – Delegate

Millionaire Secrets: DelegationLet me ask you a poignant question, would you rather be doing $10/hr work or $100-$1000/hr work? The answer is quite obvious, isn’t it?
Well, that’s really no secret, is it? People would rather be doing work that pays them a considerable amount per hour, but how is it done? Simple…

Millionaire Secret #4 – Delegation

There are many tasks that will absolutely suck up your time if you are not careful. Tasks that if you paid someone to do, would pay at or less than minimum wage in most cases. Examples, vacuuming your car, washing your car, mowing your lawn, doing laundry, etc. I think you get the picture. Those tasks can be delegated to someone that is willing to do the work for cheap or nothing at all, while you do the work that makes you a considerable income.
What are tasks that create income for you? Let’s just stick with what the Millionaires in our industry do. They coach and train their downline to be more effective at recruiting and sharing the business opportunity with others. They are constantly learning to be better mentors, speakers, managers, motivators, closers, teachers and innovators. They are meeting with people in order to share the business opportunity that made said millionaire a fortune. These types of tasks build long term and residual income, income that can be measured in the hundreds or even thousands of dollars per hour over the long term.
So you see, again, delegation is not really a Millionaire Secret by any means, but it is not readily taught either. Take a pen and piece of paper and write two lists. One list of the tasks that can be delegated to someone you either pay or get to do at no charge. The second list consists of the tasks that will make you money in droves. Start delegating the low paying tasks and do the high paying work on a consistent, daily basis. Over time, and a very short time I might add if you do this daily, you will see tremendous returns on the time spent doing the work that can make you a fortune!
Well, what are you waiting for? Get started now! This is no longer a Millionaire Secret, so put it to work for you and don’t wait! Your millions are waiting!
– Drew

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  • Akos Fintor May 25, 2012 at 3:13 pm

    Very well, Drew,
    I started outsourcing small task at Odesk about 2 years ago, now I have 5 people who work for me from overseas. They work when I need them.
    That’s the simplest way to clone myself. It’s dirt cheap and highly effective if you know what you’re doing.
    thanks for the insgight!

  • Drew Berman May 29, 2012 at 10:00 am

    wow – Akos… good to hear. Outsourcing is the way to go, from VA’s, interns etc. Way to go…
    what are you working on??