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INTRO What’s up guys, I’m new here but this looks like a good place to stay

Tree94

New Contributor
So a little about myself;
I’m 24 and own my own tree service. We trim, remove and do stump grinding.
It’s a good business that I’ve built from the ground up with blood, sweat and tears.
Small business, 2 full time employees (1 being myself) and 1 part time guy when needed.

One thing I find myself doing is trying to wear too many hats to save money.
For example I taught myself AdWords, photoshop, taxes, bookkeeping, etc..

Time is our most valuable asset so I ask you, how do you know when to do it yourself, or outsource it to the pros for a fee?

Thanks for any input
 

Roli

Gold Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
So a little about myself;
I’m 24 and own my own tree service. We trim, remove and do stump grinding.
It’s a good business that I’ve built from the ground up with blood, sweat and tears.
Small business, 2 full time employees (1 being myself) and 1 part time guy when needed.

One thing I find myself doing is trying to wear too many hats to save money.
For example I taught myself AdWords, photoshop, taxes, bookkeeping, etc..

Time is our most valuable asset so I ask you, how do you know when to do it yourself, or outsource it to the pros for a fee?

Thanks for any input
Welcome to the forum!

First of all well done for building up your business and getting to the point whereby you can hire people, that's a huge hurdle and you've cleared it.

Secondly I'd say it's got to the point already when you should start outsourcing. You understand that time is your most valuable asset and you feel like you're wearing too many hats.

If you're doing adwords right (check out @Andy Black's posts), then you are in a situation whereby you can outsource to a pro and give them your blueprint to perhaps improve upon. Although this depends on your ROIs and your customer acquisition costs.

As far as design is concerned, it depends on how much of your time it is taking up, do you spend a lot of hours doing Photoshop? If so this is relatively cheap and easy to outsource.

Taxes should be outsourced simply because a pro may spot something you don't and end up saving you a lot of money.

Bookkeeping is perhaps one you should keep doing yourself for now, as it is good to know exactly what is going in and out of your business. However at some point, possibly when you have another 5 or 6 employees and contractors, you need to hand it over to someone else.

For me it all comes down to identifying what you need to be doing in your business, then making your decision based on that.

Looking forward to hearing how you develop!
Ultimately you want to be able to hire people to do pretty much everything, a fastlane business is one that doesn't require your continued presence, so I guess that's a long way of saying the way you'll know is by the profits you are generating.
 

Andy Black

Any colour, as long as it's red.
Staff member
Speedway Pass
FASTLANE INSIDER
LEGENDARY CONTRIBUTOR
So a little about myself;
I’m 24 and own my own tree service. We trim, remove and do stump grinding.
It’s a good business that I’ve built from the ground up with blood, sweat and tears.
Small business, 2 full time employees (1 being myself) and 1 part time guy when needed.

One thing I find myself doing is trying to wear too many hats to save money.
For example I taught myself AdWords, photoshop, taxes, bookkeeping, etc..

Time is our most valuable asset so I ask you, how do you know when to do it yourself, or outsource it to the pros for a fee?

Thanks for any input
What would Richard Branson do?

What would @ZCP or @Vigilante do?



(Welcome and thanks for your great intro. Well done on your success so far.)
 
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