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Ambition, drive, and commonsense will always stand you in good stead, but to really get ahead you must understand yourself.   Here are some quick questions that I’ve found to be very useful in getting myself organised so that I can kick bigger goals:

  • “What are my strengths?” – there’s nothing like critiquing yourself to better understand your skills, habits and patterns.
  • “How do I best operate?” – do you work best by listening, reading, or watching and in what kind of environment are you most suited?
  • “What are my values?” – knowing your ethics and morals will help determine the organization and people that are you are best matched with.
  • “Where am I most happy?” – we all want to feel a sense of belonging and feel valued.
  • “How can I contribute?” –your responses to the above questions will best determine what skills, strengths, values etc you can best contribute.

By answering the five questions above in an honest and pragmatic fashion will help you to better understand yourself. By better understanding yourself, you’ll be in the best position to organize and systemize your life for true greatness.

Simon Turner

SNOBS – standing for Social Networking for Opportunistic Businesswomen – has featured our very own Michael Marquette in the inaugural installment of “Work it Baby“.

Dubbing him “The Real Estate Man“, SNOBS recognizes Michael’s achievements in a fun and lively interview, his first since being awarded the prestigious title of the World’s Most Outstanding Rookie by the Who’s Who in Luxury Real Estate.

Simon Turner

FYI: Read the SNOBs article, read about Michael, or read about the Who’s Who Awards

With both the United States’ Senate and House of Representatives having approved the $700 billion bailout of the US economy, and President George W Bush having signed the act into law quicker than you could blink, now begins the blame game to see how this crisis snuck up upon so many.

I, however, thought I’d first look at the scale of the figure and try to put it into perspective. From then on, you can judge for yourself this daunting amount.

Here we go:

If you were paid $1 per second, it would take you 22,197 years to amass $700 billion dollars in your piggy bank.

If you took 700 billion steps, you would stop walking in 10,318 years.

It is the combined Gross Domestic Product (GDP) of Thailand and Belgium, according to the International Monetary Fund’s (IMF) 2007 accounts.

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20 under-five year olds die every minute in the world from preventable diseases, which is 30,000 per day when the vaccinations to save them cost less than $1 (I invite you to read our article on Kiva to find out how you can help save lives, one loan at a time).

Apple has sold 150 million iPods: this is 550 million too few for 700 billion songs.

How many ways can you put the gravity of $700 billion in perspective?

Simon Turner

FYI: You can also read this article as a press release

With plenty of commotion of recent times regarding the cost of living, maybe this offering from Single House Front Architects is a solution.

Whilst your life would certainly be on show, the billboard-influenced home, designed for a single occupant, could enable your address to change with the seasons or even your mood.

Whether you’re looking for quiet times, a fantastic view, being close to work or even distanced from the relatives, this clever architectural offering will always provide the option of having a room with a view.

Simon Turner

Today we released our weekly e-magazine featuring the highlight’s of the past week’s blog articles and insights into the week ahead.

It’s been an enormously busy last couple of weeks for the team at Marquette Turner Luxury Homes. I spoke with the Australian Financial Review recently regarding the likelihood of Australian banks passing on any interest rate cuts from the RBA and I have expanded on my comments to them in my “View from the Bridge” blog.  Additionally, As Australia’s premier luxury agency  we have also listed almost $40 million of Luxury property in only the last 7 days, which may be a sign that vendors are deciding to list a little earlier for Spring this year which will give buyers plenty of choice.

Furthermore, we have almost completed upgrading our website and are proud to be one of the first in Australia to offer Google Street View for each of our property listings, as we continue to focus on our client’s evolving needs.

I hope you enjoy this weeks’ E-Magazine and our ever-popular blog .  Michael Marquette

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With economic times toughening, there couldn’t be a more vital time to take a few minutes each week to keep up to date with the property market, see what’s moving & shaking, what’s good buying & what’s not.

The team at Marquette Turner Luxury Homes hope that by giving you insights each week, these pieces of information will amount to a mass of knowledge that will guide you forth so that when you do make a move, it is a smart one.

Remember that people make their fortunes by understanding what’s happening, and making their moves during times when everyone else is pulling their hair out.

We want you to become a property intellectual, whilst at the same time allowing you to indulge in some of life’s luxuries even if from afar.

Michael Marquette

There is certainly no science in finding an investment property, or none that as yet has been discovered. There are, however, some solid rules of thumb that by checking as many off as possible, you will have a excellent strategy and reduce as many of the risks as possible.

Here are Marquette Turner’s Top 10 Tips.

1. Located in an area where there is a positive population growth.

2. There is an abundance of employment opportunities within the area.

3. There’s enough infrastructure developments (current or planned) to support the needs of the community such as transportation facilities and schools.

4. High rental demand.

5. There is only a limited supply of properties in the area, to ensure that the demand remains strong.

6. The suburb has an evident history of strong capital growth.

7. Purchase a property within the median price range. It will be easier to sell and rent out.

8. Located in a pleasing and safe environment.

9. Choose a low-maintenance property. Ensure that the property you’re buying is well-built and free from defects.

10. Check the availability of shopping centres, parks, nearby beach, sport facilities and other amenities that will make the area attractive to other potential buyers and tenants.

We also recommend building a relationship with a real estate agent that you have faith and confidence in.  This way, they will be able to let you know as soon as potentially suitable properties come on to the market, or even advise you of upcoming properties.

Take a look at Marquette Turner’s current property listings portfolio – there may be many opportunities for you.  We are happy to simply chat and discuss anything with you so please feel free to contact us on 1300 737 778 or info@marquetteturner.com.au

Simon Turner

Mukesh Ambani, head of India-based petrochemical giant Reliance Industries, and the fifth richest man in the world, is having a 27 floor skyscraper home built in Mumbai for approximately $2 billion.

Forbes estimated Ambani’s net worth at $43 billion in March. Reliance Industries was founded by Mukesh’s father, Dhirubhai Ambani, in 1966, and is India’s most valuable firm by market capitalization. Mr Ambani and his wife, who have three children, currently live in a 22-story Mumbai tower that the family has spent years remodeling to meet its needs.

Like many families with the means to do so, the Ambanis wanted to build a custom home. They consulted with architecture firms Perkins + Will and Hirsch Bedner Associates, the designers behind the Mandarin Oriental, based in Dallas and Los Angeles, respectively. Plans were then drawn up for what will be the world’s largest and most expensive home.

The architects and designers are creating as they go, altering floor plans, design elements and concepts as the building is constructed.

Lobby

Nine elevators dot the lobby floor: Two are designated for parking areas, three for guest quarters, two for the Ambani family residences and two for service. The lobby opens to numerous lounges, reception areas and powder rooms. Dual stairways lead from the lobby floor down to the ballroom, which is designed in an open layout with a two-story roof.

Ballroom

The most striking features of the Antilla ballroom are the crystal chandeliers that will take up approximately 80% of the ceiling. The silver stairways lead to a central landing, behind which two retractable doors can open to display works of art. There is also a stage for entertainment or speeches, with a projection screen behind it. A kitchen, about the same size as the ballroom itself, can service hundreds of guests.

Traditional Lounge

Ambani’s home features countless lounges, offering Reliance Industries guests a quiet escape. Chandeliers and mirrors are a common feature of these rooms, as are finely woven Indian area rugs.

Modern Lounge

Each space and floor uses materials not seen anywhere else. The idea is that spaces will blend into one another, giving the impression of consistency and flow, while at the same time displaying different influences and traditions. This furniture, floors, lines and dark woods of this lounge have a more minimalistic approach than the home’s other lounges.

Health Level

The indoor/outdoor health level features a lap pool and Jacuzzi that take in views of the city skyline, as well as lounge chairs shaded by trees. Yoga and dance studios, changing rooms for men and women, gyms and a solarium with a juice bar fill out the interior space. There are plans to include an ice room in the center space, where the Ambanis could sit on a hot Mumbai day to cool off in a man-made snow flurry.

Entertainment Level

It’s very common in large homes to have a theater or screening room, but usually they’re just large projection screens with a few nice seats. The Ambani’s theater is more like those seen in George Lucas’ Skywalker Ranch or Frank Pritt’s Portabello Estate–a full-fledged theater, indistinguishable from a cinema. A wine room, snack bar and entertaining space, including couches and tables, fill out the room.

Bathroom

One of Antilla’s key design themes is the mix of lavish features seen in worldwide homes and elements that are distinctly Indian. The Gingko-leaf sink designs are a good example. Native to India, the leaves in the sinks are shaped in such a way that their stems guide water into the bowl created by the basket of the leaf.

Garage

The first six floors of the residence will be dedicated to parking for the Ambani family, guests and employees. Hanging vertical gardens dot the exterior. While they make for good decoration, their key function has to do with energy efficiency: The hydroponic plants, grown in liquid nutrient solutions instead of soil, lower the energy footprint of the home by absorbing heat and sunlight and providing shade that helps keep it cool.

Roof

The top floor features a covered, outdoor entertaining space with panoramic views of the Mumbai skyline as well as the Arabian Sea. On those days when it’s too hot, or cold, an interior space with floor-to-ceiling windows provides the same luxury.

Featuring your home on a television show, in a movie, or in a house and home-wares magazine can be exciting and also make a little bit of cash for you.

There are, of course, certain issues to take into account, not simply to increase the opportunity of making your home a star, but to protect it (and you) in the process.

Step 1: Submit your home as a potential location with film studios, production companies and advertising firms, which maintain lists of properties available for shooting purposes. You can also submit your details to Marquette Turner Estate Agents: we maintain The REgistry, a “production feature” list, as we are frequently asked for suitable properties by many production companies.

Step 2: Find out the rate. This was obviously be dependant on the length of time that your home will be used, the scope of the project. Payment rates range from a few hundred dollars to in excess of a thousand dollars per diem. If the location is in a television series, they could come back year after year (if you invite them, of course).

Step 3: Expect your home to be taken over by people setting up shop in all parts of the house, including the bathrooms. Find out whether you should remove your furniture or make any changes before they come in or whether the production crews will. Ask if they plan to make any temporary changes and what they’ll be.

Step 4: Ask for a written policy outlining what the company does in case anything is damaged. The contract should include a provision to “return the house back to its original state,” which may involve repainting or carpet cleaning, and the time frame for doing so. Make sure your home and contents insurance is in order.

Step 5: Enjoy your fifteen minutes of fame, behind the scenes!

The REgistry application

Simon Turner

BECOMING a property developer can be as simple as buying a block of land and slapping a house on it or buying an existing house, knocking it down and building a new one.

However, becoming a successful property developer is a different story. It requires time, research, patience, and a willingness to take calculated risks.

The president of the Urban Development Institute of Australia (SA), Peter Jackson, says there is no real definition for property developer, which ranges from people involved in sub-dividing land to those renovating for resale or knocking down and rebuilding.

“Essentially it’s somebody who is going to take a financial risk with respect to the purchase, construction, marketing and selling of real property. That ranges from an individual home right up to a major CBD building,” said Mr Jackson, who is also executive general manager at AVJennings.

He said being a property developer was not a recipe for quick, easy money.

“You won’t make a fortune in five minutes – it’s a risky business. Every time we do a project we learn something.”

Most developers start with residential property.

Getting started

Doing your homework is vital, property experts say.

“It’s a bit like the share market – educate yourself, talk to people, and look at what other people have done,” Mr Jackson said.

There are a variety of courses available to help budding property developers. The UDIA runs intensive one-day seminars in conjunction with Lynch Meyer Commercial Lawyers. Its next course – a property development master class for serious developers – is being held on Friday.

A six-month part-time property investment course is also run by TAFE South Australia, and has been so successful that it is now licensed to other TAFEs and universities around Australia.

Course co-ordinator Peter Koulizos suggested two books, Australian Residential Property Development: A Step by Step Guide, and An Intelligent Guide to Australian Property Development, both by West Australian author Ron Forlee.

“Educate yourself – knowledge is power,” he said. “And don’t believe everything you read or everything you hear. Do your own research.”

Mr Koulizos said it was important to see what other property developers were doing, and what suburbs they were targeting.

“Tour a suburb you like. In property you don’t want to be a trend-setter,” he said.

“You need to build what sells. Be creative with your own home.

“If you make the wrong move you don’t go back to square one, you go to square minus-10.”

Where to develop

Rossdale Homes developments manager Denny Havriluk said research was again the key to success.

“Look for an area that is going through a growth phase, where the population is expanding and there is demand for rental homes,” he said.

“Consider the proximity to schools, shops and public transport as this will increase the home’s appeal.”

Mr Koulizos said would-be developers should get familiar with a particular council area and read the council’s development plan – or at least the part of the plan related to residential development.

“Every council is different. The key to all of this is the development plan. Every council has a development plan – the problem is some of them are 400-500 pages long.”

Finance

The chief executive of finance company Finance Mutual, Jason Di Iulio, said it was crucial to keep financiers involved in the development process at every stage.

“This strategy will enable the developer to understand their financier’s position, expectations and requirements at every turn,” he said.

“Funding failures is one of the most common forms of development failure in every size of development.”

Mr Jackson said new property developers should expect to have to put more of their own equity in a development to keep the banks happy.

“If you are borrowing money, the banks require you to have security. They look for experience and track record,” he said.

“If you are starting out, they will probably require a greater level of security, which means you have to put more of your own money into the development. Expect the banks to be a little more cautious in terms of what they will lend you.”

Mr Havriluk said it could take 12 to 15 months from the time you bought the land until the property started generating rental income.

“This includes a minimum of six months to subdivide the block and arrange appropriate titles, plus the time it takes to build the home,” he said.

“You need to ensure you can manage your cashflow and debt during this time until you start to receive rental income.”

Mr Koulizos said in property development “time is money”.

“The most common thing that sends a budding property developer broke is delays,” he said.

Council approval

It’s important to speak with the local council before making a commitment to buy.

Ask if there are any zoning restrictions and make sure you can subdivide if required,” Mr Jackson said.

“You also need to consider potential pitfalls such as significant trees that may interfere with your building plans.”

The next step was to contact a surveyor, he said.

A surveyor will help you map out the block, including plans for subdivision.

“These plans are then submitted to the Development Assessment Commission, and once approved the Land Titles Office will issue the appropriate titles for the subdivided land.”

Mr Havriluk said investors should consider the type of title they wanted issued for their land.

“Torrens Title is a title in its own right and generally provides better returns,” he said.

“However, Community titles, which share some common property such as a driveway, garden area or mains water connections, are becoming more popular and can help you to keep your costs down.

“Once you’ve confirmed the land titles, you can start making plans to build.”

New versus old

Mr Havriluk said there were many advantages in building new homes rather than redeveloping an existing building.

“If you are buying undeveloped land, you only pay stamp duty on the land and not the cost of the building,” he said.

“This can result in significant savings when compared with the stamp duty on an established home.

“There are also tax advantages in addition to negative gearing, such as depreciation on the new home.

“New homes are also easier to rent. Tenants prefer to rent new homes as they generally have better floor plans and less maintenance issues.”

Source: SMH

Is innovation about killer ideas — something big that will turn the world on its head? Or is it simpler than that?

Odds are we won’t be able to come up with groundbreaking innovative concepts like the Apple iPod or Cirque du Soleil every week. We need to keep looking for them, of course, but we also need to recognise that there are many opportunities to incrementally improve our businesses.

Areas of focus should include challenges to be met, things to improve, unmet needs, wishful thinking and potential problems to avoid.

The low-hanging fruit of innovation can be found in areas of opportunity where there is:

  • a specific problem, fault, deficiencies
  • further development required
  • an emotional target (something that really annoys people)
  • wishful thinking
  • market gaps
  • high cost

Opportunityisnowhere

Did you read this as “Opportunity is nowhere”? or “Opportunity is now here”?

Finding innovation can simply depend on whether you see the opportunities or not.

Source: BNet by Jennifer Goddard

Ideas cost nothing, so here’s a few to hopefully give you a jolt into helping you find your niche:

Personal services. Can you save someone else time? Running errands for seniors, preparing someone’s tax returns or walking your neighbors’ dogs are examples of valuable services to offer.

Gardening and landscaping. Consider the growing garden trade. Homeowners who lack the time or desire to plant and prune still recognize the importance of curb appeal today. Landscape design, maintenance and retail gardening businesses are hot now. If you enjoy working in nice weather around nature, the field of horticulture covers a wide range of professional specialties. You can be an arborist, look after commercial greenhouses, and care for golf courses or large private estates. With a formal education, you’ll learn about jet stream patterns and their effect on which plants grow best in certain regions.

Outdoor recreation work. For some folks, there’s no separation between work and play. Such types are reluctant to punch a clock or limit themselves to an indoor office cubicle to earn their living. If you’re a wilderness buff, perhaps you’re ready to strike out on your own and take Mother Nature on as a business partner. Business ideas include kayaking/white-water rafting outfitter; guided mountain biking, photo trekking, backpacking, or rock climbing tour operator; or opportunities within the state park system.

Pet services. Could your business be going to the dogs? Upscale pet-related services and merchandise are bringing home the bacon–to the tune of $30 billion a year in the United States today, according to a recent research study from Unity Marketing. Pet foods, doggie daycare, shampoos and even “pet pampering” spas and hotels are just a few of the products and services that make up the industry. If you have a knack for dog handling, dog obedience is another hot extra-income generator.

Workplace design. You could be a creator of the workplace of the future. As industries evolve, tomorrow’s offices will entice us through hip, ergonomically correct furnishings, the use of color, and innovative lighting. The need for experts who can implement ergonomically correct conditions is rising. Areas of specialization include industrial workplaces, occupational safety, furniture design, computer hardware, human-computer interaction, product liability, consumer products and virtual environments.

Feng shui consulting. Interest in feng shui has risen in recent years as more people seek greater levels of satisfaction and productivity in their careers, businesses and lifestyles. This ancient art promotes spiritual and material well being by devising the best way to lay out your house or office. Certified experts are hired to do “readings” for both residential and commercial space. Consultants can charge between $235 and $1,000 for a two-hour consultation, depending on the size of a property. Some businesses will pay upwards of $25,000 for large-scale projects. Field certification costs upwards of $3,500 and includes class time, mentoring and field training.

Alternative health services. As our health-care system becomes more prevention-oriented, Americans are increasingly more accepting of alternative, holistic health, and wellness practices. Healing arts such as massage therapy, reflexology, acupuncture and yoga are in demand by private and corporate clientele. Food items or eateries offering organic edibles free of processed ingredients, preservatives and sugars are sought after by the health-conscious.

Grooming services. Thanks to the popularity of TV shoes such as Queer Eye for the Straight Guy, men are becoming more upfront about wanting to look and feel good about themselves. For these so-called metrosexuals, a new wave of relaxation havens specially designated for men are cropping up. Today’s hottest services include facial bronzing, stone massage, organic facials, reflexology and seaweed wraps.

Spiritual work. Spiritually minded people make humanity their life’s work. Today, there are plenty of creative job paths you can pursue if you feel inspiring others is your life mission. For example, religious craftspeople and artists (think of all the Judaic and Catholic supply shops, candleholders, jewelry charms, trinket boxes, decorative nativity art and collectibles there are); church camp/counselor/director; religious writers and authors (even for religious greeting cards); and spiritual retreat leaders. These last folks lead trips to destinations with biblical/historical significance.

Senior-focused services. Don’t forget the lucrative aging baby boomers. The fifty-plus population is an intelligent, active group. They need products, services and information providers to meet their entertainment, education and lifestyle needs. Today, there are senior-focused book authors; website developers; travel, insurance and real-estate companies; and computer-training firms reaping profits from the older Americans they serve.

Business writing and services. If your skill is putting it in writing, hire yourself out as a business plan writer. Too many businesses lose out on new contracts, funding or clients because they don’t know how to communicate their message on paper. Businesses today have a need for marketing, strategy, lobbying and proposal writing services. Also, the demand for freelance writers with specialties in grant writing, bio met, IT, economic development and general business is high. Project work includes requests for proposals (RFPs), corporate training guides, computer documentation, white papers, government licensing applications, legislative memos and executive bios. Fees typically start at $100 per hour, or between $30,000 and $60,000 a year.

Home design and services. These days, home is where the art is. Thanks to baby boomers with discretionary income and a nationwide “cocooning” trend, interior decorating and design services are in demand. From guesthouses to second homes, vacation retreats to master bathrooms, those cashing in on the thriving home-fixings craze include architects, interior designers, landscape architects and pool builders. Other jobs include project management professionals for furniture companies or corporate facilities, and designers of hotels, healthcare institutions, retirement communities and nursing homes.

Culinary services. By the same token, staying in is the new going out and people are entertaining in their homes more than ever. Dinner parties have made a big comeback. If you have culinary skills, you’re in demand. Aside from catering, you may decide to give one-on-one cooking lessons, help prepare menus or conduct demonstrations in your own home. For the many people trying to eat well, both for health and epicurean reasons, you can hire yourself out as a personal chef or nutritionist.

Here’s some wisdom of Omar Periu, one of the world’s best known motivational speakers, here he gives ten ways that he keeps himself motivated which Marquette Turner recommends following:

  • Condition your mind. Train yourself to think positive thoughts.
  • Condition your body. It takes physical energy to take action.
  • Avoid negative people. Don’t take anything that they say seriously.
  • Always remain flexible. No plan should be cast in concrete.
  • Act with a higher purpose. If it doesn’t serve your goal, it’s wasted effort.
  • Take responsibility for your own results. Don’t credit luck, good or bad.
  • Stretch past your limits on a daily basis. That’s how you grow and evolve.
  • Don’t wait for perfection; do it now! Perfection’s the enemy of good enough.
  • Be careful of what you eat. It takes physical energy to succeed.
  • Hang around motivated people. The positive energy will rub off on you.

I know this stuff works from own my personal experience. After I came up with this list I began to read the list to myself at the beginning of each workday. For an entire week, I made a point of referring back to them every time I had a lull in my work schedule. By the end of the week, they were influencing my thinking so much that I felt like a new person.

Motivation is the ultimate root of success.

The amusingly named Hillbilly PhD blog has a post on the five qualities of leadership:

Don’t let circumstances control your behavior
Be persistent
Assess yourself honestly and thoroughly
Learn from failure
Follow your purpose.

This is my condensation of his entries. As with all such lists, easy to say, harder to do — he cites leaders like Lincoln and Gandhi, people who stand out in history for a reason. For the full discussion of these, head to his site. He says he’ll focus on these characteristics for some time to come.

Who is likely to motivate another person to become an entrepreneur? Friends? Family? Mentors?Interesting new research out of Harvard Business School suggests a key influence on would-be entrepreneurs are co-workers who themselves have had entrepreneurial experience.According to professor Ramana Nanda in an interview with Julia Hanna of HBS Working Knowledge:

Aside from being a source of ideas and opportunities, these former entrepreneurs offer a positive impression of what it’s like to own your own business — even if that business may have failed.

In related research, Nanda discovered that certain types of funding are more likely than others to create successful entrepreneurial activity. Market-driven funding sources (banks, for example) are more effective at generating entrepreneurial success stories than government programs offering low-cost loans to all new ventures.

These two insights could prove important to policy makers looking to encourage profitable new enterprises.

“There are different ways that governments can try to spur entrepreneurial activity,” Nanda says. “Each approach has its own costs and benefits, whether it’s a direct subsidy, a loan guarantee program, or a venture capital model where the government is a direct investor.”

Being an entrepreneur is exciting and dynamic. It can also be draining – physically, mentally and emotionally. After the initial boost of activity, some entrepreneurs realise they’ve simply created a job for themselves – one they work harder in than any job they’ve ever had before.

Unlike a regular job, you also have more responsibilities, fewer days off and more stress. I’ve been speaking to an increasing number of entrepreneurs who are burnt out. “I just don’t want to work so much, all day, every day, at all hours of the day,” one told me in desperation. So how do you overcome this?

There’s no magic bullet for entrepreneur burnout. But there are certainly steps you can take to alleviate some of the pain.

1. Use technology to automate as much as possible
It goes without saying that you need systems in your business. I’ve written about this many times before. You need clear, documented procedures for all your processes. This applies to everything from how to answer the phone to how to pack and send widgets. In addition to this, remember to consider how you can use technology to automate any processes. For example, use email autoresponders to deal with standard product/service enquiries. Automate payments where possible – both incoming and outgoing. Use technology to batch process as much as possible.

2. Outsource or hire someone to do low dollar-value work
Your time is better spent being an entrepreneur than it is on administration, book-keeping or answering the phone. If you’re still in the early days of your entrepreneurship journey, you might be hesitant to invest in staff. Or you might simply not be ready to let go of control. However, ask yourself whether you are making the most of your time. The bottom line is that if the work you are doing could be done by someone else at a lower hourly rate than what you can charge per hour, then you should delegate or outsource the function. I used to spend countless hours on my book-keeping until I finally outsourced it. Now, my book-keeper does a better job at my accounts than I ever did – in a fraction of the time.

3. Rethink your business model
This might be a radical idea but it could be worthwhile to rethink your business model. If your income is a direct function of your time, then your business model definitely needs an overhaul – or else you will burn out. Where do you start? Look at other people in a similar business to yours. Talk to a business coach about what you want to achieve. Force yourself to consider other opportunities and ways of structuring your business. This is your chance to be an innovator.
If you don’t take steps to avoid entrepreneur burnout, the joy of entrepreneurship can get sucked out of your business. Don’t let it happen.
Posted by Valerie Khoo

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