Let me start by giving you a frightening statistic.
97% of all new businesses fail within the first two years.
Ninety seven percent.
Take a second and think about this.
That means you have a three percent chance of succeeding.
Hopefully this is a reality check for you.
The good news is, I'm going to show you how to become the three percent by letting you in on something that the other ninety seven percent either don't know about or simply ignore.
No, it's not a magic formula, or some hidden secret, or any other such drivel I'm sure you've seen.
This is something much simpler than that.
Got your attention? Good, keep reading.
The big secret (if you want to call it that) is outsourcing.
Some call it delegation.
Call it what you will, it will absolutely make or break you in the business world.
This is never more true than if you own your own business.
The notion that you can do it all yourself is nonsense.
Why would you possibly think that you can do every single task required? No one has that many skills or that much time.
By trying to do everything yourself, you are practically guaranteeing failure.
By trying to do it all, you set in motion a pretty ugly chain of events.
You become overwhelmed with the sheer amount of work to be done.
You then become frustrated with the little progress you make, even though you put in massive hours.
Add in the fact that you're probably trying to learn new skills on top of everything else, and it's really not hard to see how it will end.
The good news is - there is hope.
What you have to do may be one of the hardest things but will make your life so much easier.
You have to give up control.
You have to be willing to look outside of yourself to get tasks accomplished.
To do this, you'll have to figure out what it is that's holding you back and outsource it.
Let's assume you need some writing done, but you don't like to write or aren't very proficient at it.
Go hire someone to write for you.
You don't have to spend a fortune to get quality work done, and it will free you up to move on to the next task.
Or maybe you can write like Hemingway, but can't design a web site.
Get someone to do it for you so that you can spend more time doing what you're good at.
Once you've given up that control and allowed other people to use their skills to help you, the amount of progress you will make is unbelievable.
This was particularly difficult for me since I had already found success in two different fields.
When I got started with my latest venture, I quickly realized that I did not have the time to do it all.
Many entrepreneurs are workaholics because they just can't let go.
They consider their business to be their baby and don't trust anyone else.
While they may see some success by doing this, the sacrifices they make far outweigh the benefits.
They sacrifice time with their family and friends, don't get to see their kids grow up, and don't spend any time doing what they enjoy.
I speak from experience when I tell you that you'll be more successful and have more free time if you'll follow this one simple principle.