As a service-based business owner, you’re likely used to working long hours in order to grow your business.
But what if I told you, you don’t need to work more hours to get ahead in your business?
That it’s possible to spend more time with family and friends, more time doing things you love, and less time working…all while growing a successful business?
This post will outline 6 ways you can grow your business without working more (and in many cases, while actually working less!).
1. Sell an eBook or Infoproduct
As an expert in your field, you likely already have a group of people who want to learn from you.One of the best ways to share your knowledge – and make more money without working more – is to create an infoproduct.Click To Tweet
One of the best ways to share your knowledge – and make more money without working more – is to create an infoproduct. Some of the easiest types of infoproduct to create are eBooks, guides, workbooks, and templates.
The beauty of using this strategy is that most of your work will be done up front. This means you can invest time now into writing it, and then sell it again and again… indefinitely!
2. Outsource Tasks or Hire a Team
While it can be scary to give up some control of your business, hiring people, putting together a team, or outsourcing some of your day-to-day tasks can be a total game changer.
Here’s the way I look at it: while you could continue to do all the work yourself, this will mean you work harder and longer and aren’t necessarily the best person for every job!
Instead, why not hire people who are the best at what they do, freeing you up to do more of what you love? And more of what you’re actually good at?
3. Move to a “One to Many” Model
Running a service-based business is so rewarding, but offering one-to-one services will always mean you need to work more to make more.
This is why I encourage business owners to look at whether a “one to many” model is right for their business.
Here are a few examples of what this could look like:
- Financial Planner: Hold live or online classes to teach people how to invest
- Coaches: Offer group coaching rather than – or in addition to – one-on-one coaching
- Makeup Artist: Have makeup parties where people can buy your products rather than only having one-on-one appointments
These options are all great, as they allow you to help more people while working less, and potentially making more money!
4. Use Amazing Tools
Using the right tools can make a huge difference in your business!
While there’s something to be said for bootstrapping, using tools to batch or streamline your work or boost your productivity can save you both time and money.While there’s something to be said for bootstrapping, using tools to batch or streamline your work or boost your productivity can save you both time and money.Click To Tweet
Some tools you might want to consider include:
- A bookkeeping/invoicing tool like FreshBooks
- Customer relationship management software like Insightly
- Social media management software like Buffer
- A graphic design tool like Canva
5. Start a Membership Site
Via Peaceful Parent
This one would fall under the “one to many” model mentioned above, but deserves its very own section!
Membership sites are a great way for service-based business owners to offer more information and support while working less overall.Membership sites are a great way for service-based business owners to offer more information and support while working less overall.Click To Tweet
A membership site typically consists of members-only content, a private discussion board or Facebook group, access to exclusive discounts, and some type of live support (e.g., member calls).
Members pay a set monthly or annual fee for access to all of the above. This means more predictable income for you and 24/7 access to info and support for your clients.
6. Create an Online Course
An online course can actually be part of your membership site offerings, or you can sell it as a standalone product.
There are so many great tools out there now that allow you to set up your own course with little to no technical skills required.
For instance, using Thinkific, you can easily create a course on any topic and start selling it to your target audience within weeks.
Again, this means helping more clients while spending less time working!
Final Thoughts on How to Grow Your Business without Working More
If you want to grow your business without working more, the 6 strategies above will give you a great place to start. To grow a business – one that’s sustainable over the long term – it’s important to find ways to help more people without necessarily investing more of your valuable time.To grow a business – one that’s sustainable over the long term – it’s important to find ways to help more people without necessarily investing more of your valuable time.Click To Tweet
I trust this post has given you the motivation to do just that!