Robert Kiyosaki, author of the famous book “Rich Dad's
Cashflow Quadrant: Guide to Financial Freedom”, summed up the importance of
system in the best way possible.
"Think of these business systems as bridges. Bridges
that will provide a path for you to cross safely to financial freedom. Let's
take a dentist. A dentist spends years in school learning to become a
self-contained system. You, as the client, get a toothache. You go see your
dentist. He fixes your tooth. You pay and go home. You're happy and then tell
all of your friends about your great dentist. In most cases, the dentist can do
the entire job by himself. The problem is that if the dentist goes on vacation,
so does his income. True business owners can go on vacation forever because
they own a system, not a job. If the business owner is on vacation, the money
still comes in."
I love the part in this quote where he tells us that we can
take vacations while handling a business and still stuff our pockets with green
bills. Now, who wouldn’t want that? I know I would. But, how many of us are
actually working to make it come true? Sadly, very few.
Every successful business has a story of how their passage
from barely-functioning business to a full fledge money-making-machine
consisted of several systems functioning efficiently and saving valuable time.
This valuable time was then used for keeping up with trends, figuring out ways
to knock the rivals out of the race and increase sales and revenue.
But how do you
distinguish between productive time and wasted time?
Productive time is the time that directly generates your
revenue. Every single minute that is not directly producing income is a wasted
minute. According to a study of Fortune 500 CEOs, it was reported that most of
them had only about 28 productive minutes a day. Shocking, isn’t it?
If this is the amount of time we’re truly making productive,
then we’ve got a huge problem at hand. Most time is generally wasted on doing
tasks that are not even related to our business. With the business world being
in the clutches of Internet, most businesses have websites through which 70% of
their business is conducted. However, for small business owners, this poses a
big problem, as they don’t have systems. They fail to make their time
productive and end up wasting too much time on non-profit building activities,
such as tweaking their websites, checking website stats, answering phones, and
even reading an article that condones all these activities. Productive time on
the other hand consists of developing products, marketing services, setting up
deals, and their likes.
And there’s something even better than productive time.
Super productive time. Super productive time is when you have systems in place
that handle your money making activities, such as creating a system for
handling the website, creating another system for marketing your product, etc.
So how do you turn
your productive time into super-productive time?
By leveraging. Leveraging is when you work less while making
your present business activities more profitable. While there’s plethora of
information regarding the methodologies of leveraging, etc., it all comes down
to just one thing. Having efficient systems in place. What website system do
productive entrepreneurs use? www.fetchatask.com
