HSH 059: How To Deal With The Overwhelming Speed of Technology & Digital Business
In this episode, we’re talking about how to manage that feeling of overwhelm. It feels like online business is moving at a pace faster than ever, with more and more technology being introduced every day. So how do you keep up with all this? Stay tuned and we’re going to show you how!
1. Focus on one big thing per month to drive your business, along with three daily revenue-creating tasks
By focusing on that one major task each month, it forces you to ask if you really need the new technology you’re seeing, or if it will add to that one area of focus.
For example, in my business, my only focus for the month of April was the affiliate launch for James Wedmore’s Business By Design program. I only did other activities after the activities associated with James’ launch were completed.
The three smaller daily things will be related to your primary focus for the month, and added up, will have the potential to make a massive impact in your business by removing the overwhelm and forcing you to take consistent action towards your big monthly goal.
2. Do an internal audit to determine the 20% of things that are really growing your business
When you determine what is generating revenue, you’ll also see what isn’t and you have to be prepared to cut out those things. You’ll be able to reduce a big chunk of your work without losing a big part of your revenue! For me, this meant stopping our additional efforts with Pinterest, as I was spending multiple hours each week on it without seeing a huge gain in traffic and growth.
When you get time back by dropping certain activities, you can look at spending your time where you can generate new revenue. No new projects or assignments are able to come into your business until you get rid of something else.
3. Consider the “Happiness Relevance Factor”
How much happiness are you sacrificing every time you take on something new? Often, the cost will outweigh the benefit and undermine the very reason you got into business for yourself in the first place.
We need to accept the fact that we cannot do it all. New opportunities will present themselves all the time, and you’re not going to be able to keep up with everything that’s out there. It’s my hope that these tips will help you give yourself permission to step back and breathe and realize that everything will work out if you take the time to let it.