Use Those Skills To Make Money

How many of you spend countless and frustrating hours online, trying to fix things that would be better off fixed by a professional for the job? Let’s take a web designer as an example.

A web designer is good at building web sites. I’m sure you will agree with me on that. So, when a designer has to spend time and write articles for his web sites, the going often gets tough. He might struggle and end up wasting a lot of time in the process.

Also, if the designer gets paid for his craft, why waste time with stuff that doesn’t earn him any money? Exactly, you are getting warmer. See, unless we earn money with our online activities we might be better off to outsource them.

This allows us to free up our time and double our income potential by giving us time to concentrate on what we are good at in the first place. If you are a web site designer this means you could outsource the following jobs:

• Setting up domains
• Content creation
• Admin work
• Book keeping
• Virtual assistance
• Web site admin
• Editorial work
• Account keeping
• Promotion
• Research

Each of these job description fall outside of the web designers expertise and craft. If he chooses to do all that himself, he ends up effectively cutting himself off potential income. Especially if he can outsource for less than he can earn in the same time.

If you have ever wondered about the secret of online entrepreneurs and how they manage to earn thousands, while spending time on the beach, in transit or with their family, then this is one of the reasons how.

They multiply their billing hours while outsourcing parts of their job they don’t like doing.

If you think about it, it makes sense. Let’s take the following example:

Say you earn $50/hour. Due to the amount of work you do, the maintenance of your business and all the other little bits and pieces that have to be done but don’t pay you, you can only work 20 hours per week. The rest (another 20 hours) is taken up with admin and behind the scenes work.

$50 x 20 hours gives you a monthly income of = $1,000

This is not exactly enough to have you retire from you job is it now?  Now you have two options.

1. You can either increase your hourly rate and risk losing potential clients, or…
2. you could outsource  the second 20 hours for half the price to professionals and end up increasing your income.

In this scenario you would now work for:

$50/hour x 40 hours = $2,000 and outsource the 20 hours admin for $25/hour which would cost you $500.

In total this would leave you with $1,500 instead of $1,000 for the same amount of work you did previously. But by cutting out tasks that are not your forte you allow yourself to earn more money while decreasing your stress levels.

It could also well be that the professional will only take half of the time to do the same job you did even better, which would further increase your income.

As you can see, by using your skills to make money in the right place, you are setting yourself up for success. Not only that, but you also end up doing what you love best while earning your income and growing your business.