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Spending vs. Investing Time as an Entrepreneur
Manage episode 343554974 series 2846104
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Time is one of the hottest commodities you've got as an entrepreneur - but are you using it to it's full potential?
Every minute spent working in and on your business has an impact so it's important to be strategic about where you use your resources.
In fact, there are two different ways that you can use your time as an entrepreneur: spending and investing.
Spending time is when you use your time to do tasks that need to be done but don’t necessarily move your business forward. This could include things like checking email, reading industry news, or attending networking events.
Investing time is when you use your time to work on tasks that will grow your business. This could include things like developing a marketing strategy, writing blog posts, or creating new products.
By understanding the difference between spending and investing your time, you can make sure that you’re using your time in the most effective way possible.
Listen in as we break down the differences between spending and investing time - and how to make the shift into investing time instead of simply spending it.
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