I grew up on a farm in the midwest, so I'm very familiar with the "pull yourself up by your bootstraps" mentality, and I don't shy away from doing work that's hard. HOWEVER, and this is a big however, we do not live in the time economy anymore. In the time economy, the more hours you put in, the more money you make. This was the height of the industrial revolution and where we got the lovely 40 hour work week. But now, we live in a knowledge economy, where it doesn't matter how many hours you work. You get paid for the value that you bring to the table, and this is true for many 9-5 jobs but also for freelancers and service providers.
And yet, so many of us still fall into the trap of believing that in order to reach our goals, business or otherwise, we better work hard or else. It seems almost sacrilegious to say that working hard isn't something to be valued since our society puts so much emphasis on it, but there will come a point in your business or really any area of your life where working harder won't help you get better results. Everything has a tipping point, and the law of diminishing returns applies to this situation as well.
I don't think we stop often enough to ask ourselves, "how could this be easier?" because we assume and prematurely accept that it's going to be hard. And today, I want to share why I believe that working hard won't help you make more money in your business as a service provider. In fact, I strongly believe that the least effort your business requires of you, the more successful you'll ultimately be. It seems counterintuitive at first, but I hope to change your mind!
SHOW NOTES: jadeboyd.co/the-harder-you-work-the-less-you-make/
LINKS MENTIONED IN THIS EPISODE:
CONNECT WITH JADE
LEVEL UP YOUR BUSINESS + PRODUCTIVITY
FREE RESOURCES
So I remember when I did my very first masterclass and someone
Jade Boyd:else's group coaching program, talking about what it really meant to be a
Jade Boyd:business minimalist and redefining productivity for your own business.
Jade Boyd:And I started explaining how our traditional definition of productivity
Jade Boyd:was antiquated rooted in the completely outdated 40 hour work
Jade Boyd:week, which I have another podcast episode about the 40 hour work week.
Jade Boyd:We'll link that in the show notes.
Jade Boyd:If you want to.
Jade Boyd:Hear me get up on my soapbox and talk about it and how it just
Jade Boyd:wasn't working for women today.
Jade Boyd:The concept that you have to work a certain number of
Jade Boyd:hours every day, every week.
Jade Boyd:And,
Jade Boyd:but then during this training, I shared that a modern version of being
Jade Boyd:productive is to get the results you want by putting in the least
Jade Boyd:amount of time and effort possible.
Jade Boyd:And this was a presentation for a group of Midwest women.
Jade Boyd:And I could immediately feel the hesitation and skepticism from the group.
Jade Boyd:And I grew up on a farm in the Midwest, so I'm very familiar with the pull
Jade Boyd:yourself up by your bootstraps mentality.
Jade Boyd:And I don't shy away from doing work that's hard.
Jade Boyd:However, and this is a big however, we do not live in the time economy anymore.
Jade Boyd:And in the time economy, the more hours you put in, the more money you make.
Jade Boyd:Right?
Jade Boyd:And this was really the time at the height of the industrial revolution and the time
Jade Boyd:where we got the lovely 40 hour work week.
Jade Boyd:But now we live in the knowledge economy where it doesn't
Jade Boyd:matter how many hours you work.
Jade Boyd:You get paid for the value that you create, the value
Jade Boyd:that you bring to the table.
Jade Boyd:And this is true for many nine to five jobs today, but also for freelancers.
Jade Boyd:And also for service providers.
Jade Boyd:And yet so many of us still fall into the trap of believing that in
Jade Boyd:order to reach our goals, business or otherwise, we better work hard or else.
Jade Boyd:And it seems almost sacrilegious to say that working hard isn't something to be
Jade Boyd:valued since our society puts so much emphasis on it, but there will come a
Jade Boyd:point in your business or really any area of your life where working harder.
Jade Boyd:Won't help you get better results.
Jade Boyd:Everything has a tipping point and the law of diminishing returns
Jade Boyd:applies to this situation as well.
Jade Boyd:And if you're not familiar with the law of diminishing returns, it's
Jade Boyd:basically the bell curve for life.
Jade Boyd:So think about anything that you expect to get your results.
Jade Boyd:There comes a point where more of that thing is not going
Jade Boyd:to get you better results.
Jade Boyd:So, uh, the standard example is of ice cream cones.
Jade Boyd:The first ice cream cone has.
Jade Boyd:A lot of benefit to it.
Jade Boyd:It tastes really great, right?
Jade Boyd:The second one doesn't taste as good, but it still tastes kind of okay.
Jade Boyd:And then the third one basically just makes you sick to your stomach.
Jade Boyd:The fourth one might make you seriously ill and so on and so forth.
Jade Boyd:And that principle applies to basically everything in life.
Jade Boyd:If you're studying economics, it's kind of like the law of diminishing returns.
Jade Boyd:And it applies to how many hours you're putting into your business as well.
Jade Boyd:One of my absolute favorite authors in the productivity space and my favorite thought
Jade Boyd:leaders in this industry is Greg McKeown.
Jade Boyd:And a few years ago, I picked up his second book, Effortless, which
Jade Boyd:really challenged my thinking on what it could look like or should
Jade Boyd:look like to pursue my goals.
Jade Boyd:And in this book, he writes, quote, What if the biggest thing keeping us from
Jade Boyd:doing what matters is the false assumption that it has to take tremendous effort?
Jade Boyd:What if, instead, we consider the possibility that the reason something
Jade Boyd:feels hard is that we haven't yet found the easier way to do it?
Jade Boyd:And I don't think we stop often enough to ask ourselves, how could this be easier?
Jade Boyd:Because we just assume, again, Prematurely, accept
Jade Boyd:that it's going to be hard.
Jade Boyd:And today I want to share why I believe that working hard won't
Jade Boyd:help you make more money in your business as a service provider.
Jade Boyd:In fact, I strongly believe that the least effort, or if you can put less effort
Jade Boyd:into your business, the least effort your business requires of you to be successful,
Jade Boyd:the more successful you'll ultimately be.
Jade Boyd:And it sounds so counterintuitive at first, but I hope to change
Jade Boyd:your mind throughout this episode.
Jade Boyd:So I have three main parts in this episode for either why working harder won't help
Jade Boyd:you make more money or for how to make things easier in a way that also makes
Jade Boyd:you more money as a service provider.
Jade Boyd:So the first point is finding an easy Quote unquote, easy
Jade Boyd:niche as a service provider.
Jade Boyd:So on a discovery call recently, I had a conversation with a service
Jade Boyd:provider who was leveling up and getting ready to serve a higher level
Jade Boyd:of client at a higher price point.
Jade Boyd:And the consulting work that she wanted to do at that level felt really easy
Jade Boyd:to her, like almost too easy, right?
Jade Boyd:But yet she was going to charge more money for it and was having
Jade Boyd:all of the feelings about it.
Jade Boyd:And she's absolutely not alone.
Jade Boyd:This is something I hear from service providers and clients all the time.
Jade Boyd:They think they can't raise their prices because quote unquote, this feels so
Jade Boyd:easy to me or quote unquote, it doesn't take me that much time, et cetera.
Jade Boyd:And when you start feeling guilty because your work doesn't feel hard
Jade Boyd:enough, you end up self sabotaging.
Jade Boyd:This is why this is a problem.
Jade Boyd:You will underprice your services and undercharge for the value that
Jade Boyd:you're providing for other people.
Jade Boyd:If it feels easy to you, it doesn't mean that it's not worth
Jade Boyd:a lot of value for someone else.
Jade Boyd:Because it's not easy for them, and we tend to forget that.
Jade Boyd:And that's why value based pricing is so important.
Jade Boyd:I will link another episode where I talk about pricing your services to scale.
Jade Boyd:But instead of focusing on how easy or how much time it takes for you to do
Jade Boyd:what you do, focus on how difficult or how much time it takes for your client,
Jade Boyd:your ideal client, to do the work and price your services accordingly.
Jade Boyd:And as a service provider, if you feel like what you do is too easy.
Jade Boyd:You might even subconsciously just try to make your own work harder by
Jade Boyd:adding extra things into your services that aren't actually necessary or
Jade Boyd:even valuable for your clients.
Jade Boyd:And you might think that giving them everything and the kitchen
Jade Boyd:sink will make you feel better about your service or about your prices.
Jade Boyd:But in reality, you're making your service less valuable when you add
Jade Boyd:things that your client doesn't need just to make you feel like justified.
Jade Boyd:in charging the prices that you're charging or making sure it takes you
Jade Boyd:enough time for you to feel good about how much time you're giving each client.
Jade Boyd:But as a service provider, the strategy here should be to find
Jade Boyd:that sweet spot where you do have a niche that feels easy to you.
Jade Boyd:It should feel like, Oh my gosh, I can't believe people are paying me to do this
Jade Boyd:because this is so simple and easy for me.
Jade Boyd:It's great to be in that spot.
Jade Boyd:It can take a long time to get to that spot because you have to learn a lot
Jade Boyd:and have a lot of experience along the way in order for You to get to a place
Jade Boyd:where it does feel easy, but finding that niche, either, you know, the industry
Jade Boyd:that feels easy to you or the type of service that feels easy to you, where
Jade Boyd:you can do something that you can charge a lot of money for, because it provides
Jade Boyd:a huge amount of value for other people.
Jade Boyd:It's hard for other people, but again, it doesn't have to be hard for you in
Jade Boyd:order for you to charge high prices.
Jade Boyd:It just has to be hard for your client and provide great value for them.
Jade Boyd:So finding that sweet spot where it's easy for you and hard for them, that
Jade Boyd:is how you work smarter, not harder.
Jade Boyd:That's tip number one.
Jade Boyd:It's okay to be in that place where you feel
Jade Boyd:amazed that people are willing to pay you for what you're doing because
Jade Boyd:it just feels that good to you.
Jade Boyd:And again, I've told this story before.
Jade Boyd:So you've been here a while.
Jade Boyd:I feel like I mentioned this in almost every episode.
Jade Boyd:So I know that season in my business is not a waste, but I did start out in
Jade Boyd:my business as a brand photographer.
Jade Boyd:And even though I was decent at it, it always felt really hard to me.
Jade Boyd:Every time a client inquiry came in, I physically cringed and I self
Jade Boyd:sabotaged myself in every way possible.
Jade Boyd:But now as a business coach, I get excited every time a client application
Jade Boyd:comes in because I know that taking on another client is going to be.
Jade Boyd:fun and exciting.
Jade Boyd:And at this point, it does feel kind of easy.
Jade Boyd:And I know that even though what I do comes easy to me, it does
Jade Boyd:not come easy to other people.
Jade Boyd:And so it is still incredibly valuable, even if it feels easy to me.
Jade Boyd:And if you want to learn more about aligning your business to your strengths,
Jade Boyd:I'm going to link another episode of the podcast in the show notes with
Jade Boyd:my friend, Erica Olaf, because we deep dive into what it looks like to
Jade Boyd:recognize what you're good at, those things that Do naturally come easy to
Jade Boyd:you and how to leverage them in your business, regardless of your industry.
Jade Boyd:It's a great episode.
Jade Boyd:So I'll link that for you to go back and listen to as well.
Jade Boyd:Okay.
Jade Boyd:The second strategy for putting the least amount of time and effort
Jade Boyd:into your business in order to reach the results you want to make.
Jade Boyd:If that sounds lazy to you, that's okay, but that's what we're talking about today.
Jade Boyd:Working smarter doesn't always make you more money.
Jade Boyd:And so the second point here is to spend more time in your zone of genius.
Jade Boyd:And as a service provider, you were.
Jade Boyd:The more you're able to focus on your zone of genius, doing the
Jade Boyd:things that truly only you can do, the more money you're going to make.
Jade Boyd:So you shouldn't be focused on things in your business that feel hard to you.
Jade Boyd:The harder it feels, the more likely you're going to procrastinate and not
Jade Boyd:take the actions that you need to take in order to drive results in your business.
Jade Boyd:And of course you can relate this back to your niche, whether that's graphic
Jade Boyd:design or photography or coaching.
Jade Boyd:But I've also found so much freedom in applying this principle to other parts of
Jade Boyd:my business, especially in my marketing.
Jade Boyd:I love strategy and planning and writing, but I don't love the actual content
Jade Boyd:creation piece itself, like actually sitting down to record the podcast after I
Jade Boyd:think of the idea and like bringing up my notes or actually creating the Instagram
Jade Boyd:graphics after I write the caption or.
Jade Boyd:Designing the the thumbnail, whatever that might be, I'm constantly looking
Jade Boyd:for ways to tweak my systems and processes so that I'm able to gradually.
Jade Boyd:Spend more time focusing on the things that I do best and that I love to do that
Jade Boyd:do feel a little bit easy to me and do less of the things that feel like work.
Jade Boyd:Like they're really hard because those are the things I procrastinate on anyway.
Jade Boyd:And so if I can get those off my plate or find automations or
Jade Boyd:systems or processes or delegate them, I'm able to get more done.
Jade Boyd:And Not work is hard, but also be equally or more honestly, because
Jade Boyd:the work is actually getting done and not relying on me to do it more
Jade Boyd:successful as a service provider.
Jade Boyd:And right now I'm playing with my podcasting workflow and experimenting
Jade Boyd:with writing the blog post first, because writing blog posts is something that I.
Jade Boyd:Was procrastinating on if I was hitting record on an episode with
Jade Boyd:just an outline and then trying to write the blog post afterwards.
Jade Boyd:It was just falling through the cracks because I didn't want to do it, but.
Jade Boyd:I actually do really love writing, and I think the hard thing about writing
Jade Boyd:a blog post after the podcast episode was that I was trying to fit it to
Jade Boyd:what I talked about in the episode, and when you're talking off the cuff,
Jade Boyd:it doesn't necessarily flow very well.
Jade Boyd:So.
Jade Boyd:I've instead been experimenting with outlining the blog posts and
Jade Boyd:writing like the short summary of what I want to talk about first.
Jade Boyd:And then when I record, sometimes I go off script right now.
Jade Boyd:I'm definitely riffing and there's things in the podcast episode and
Jade Boyd:stories and stuff that I add in along the way that are not going
Jade Boyd:to be in the blog post, but it's.
Jade Boyd:Um, definitely held me accountable to actually writing the blog post.
Jade Boyd:They're more written than what my VA was doing.
Jade Boyd:If I was not to write the blog post, she would just write the summary
Jade Boyd:with like the, the bullet points what's in this episode, which is
Jade Boyd:not as great of a blog post, right?
Jade Boyd:You can only get the value if you tune into the podcast, but so far.
Jade Boyd:It's a change that I think I'm going to keep because again, my blog posts
Jade Boyd:are more intentional and SEO optimized.
Jade Boyd:It's easier for me or my VA to repurpose the content into social
Jade Boyd:media captions and emails because it's written in my voice still.
Jade Boyd:And I'm not delaying recording podcasts until the very last minute.
Jade Boyd:So Yes, I'm finding ways to offload work that allows me to spend
Jade Boyd:more time coaching, which is like the true zone of genius, right?
Jade Boyd:But there are other smaller tweaks that you can make in your business to
Jade Boyd:spend more time doing things that feel easy to you in different areas too.
Jade Boyd:So think outside the box a little bit and what feels easy to you, what
Jade Boyd:comes naturally to you and outside of.
Jade Boyd:Like your niche, focusing on graphic design or photography,
Jade Boyd:whatever that might be.
Jade Boyd:How can you make things easier in other areas so that you
Jade Boyd:can show up more consistently?
Jade Boyd:You don't get a gold star for working hard as a business owner.
Jade Boyd:You just don't.
Jade Boyd:As long as the work gets done, that's what matters.
Jade Boyd:And so if it's easier, that will make you more successful in the long run.
Jade Boyd:The last tip I have for putting less effort in to reach your goals is that it
Jade Boyd:is okay to take shortcuts in business.
Jade Boyd:And in case nobody has given you the permission yet in certain of your air
Jade Boyd:in certain areas of your business, it is absolutely okay to take the shortcut.
Jade Boyd:And I'm.
Jade Boyd:Not suggesting take every single shortcut you can because that can lead down a
Jade Boyd:slippery slope, but working hard to learn everything yourself takes up way
Jade Boyd:too much time and energy and will only slow you down in your business growth.
Jade Boyd:The faster that you can implement and get things done, the quicker
Jade Boyd:you'll gain experience and build expertise, and the more money you're
Jade Boyd:going to make in the long run.
Jade Boyd:And even in the short run, because you'll be making advancements faster, right?
Jade Boyd:One of my past clients recently sent me a really interesting article that
Jade Boyd:talked about the weight on creatives that comes with self promotion.
Jade Boyd:And the article put a heavy emphasis on the fact that writers are.
Jade Boyd:Artists, creators, they can't just create anymore.
Jade Boyd:They have to market and promote themselves, which is something
Jade Boyd:that many of them hate doing.
Jade Boyd:And it takes time away from creating the things that they can actually sell.
Jade Boyd:And the article framed the problem as a cultural problem
Jade Boyd:and like a mental health crisis.
Jade Boyd:And to some extent, I agree that our culture creates unneeded
Jade Boyd:obstacles for business owners.
Jade Boyd:However, I think that this is also just a personal problem.
Jade Boyd:I truly believe that any business owner can market their business
Jade Boyd:in a way that feels good and aligned and easy and natural to
Jade Boyd:them regardless of their budget.
Jade Boyd:And the problem is that they don't know what they don't know.
Jade Boyd:And the default for someone who's new to marketing is to just show
Jade Boyd:up on all the platforms, right?
Jade Boyd:I got to be on Twitter.
Jade Boyd:I got to be on Instagram.
Jade Boyd:If I'm going to launch a book, then I have to do X, Y, and Z.
Jade Boyd:And yes, I can see why that would be draining and lead to burnout.
Jade Boyd:One, it doesn't actually work, and two, it does feel really, really hard.
Jade Boyd:And this doesn't just apply to marketing.
Jade Boyd:Many business owners are trying to recreate the wheel, so to speak, in
Jade Boyd:multiple areas of their business instead of taking some of those shortcuts and
Jade Boyd:learning from someone who can give them the proven step by step plan.
Jade Boyd:And personally, I hesitated to step into coaching because I didn't
Jade Boyd:initially have that signature framework to lead people through.
Jade Boyd:And I put a lot of pressure on myself to create this amazing framework from
Jade Boyd:scratch before I even got started.
Jade Boyd:Instead of using someone else's marketing framework or business framework, like
Jade Boyd:story brand, for example, I could have made it a lot easier on myself
Jade Boyd:in the beginning to get started.
Jade Boyd:If I would have borrowed or licensed from people who were 10 steps ahead of me.
Jade Boyd:And I think many business owners avoid taking the easy path because they think
Jade Boyd:that being easy on themselves is going to lead to apathy or not doing enough
Jade Boyd:to get the results that they want.
Jade Boyd:But I found that there are many things, both in life and business,
Jade Boyd:that you can be incredibly lazy in and still get the same results.
Jade Boyd:And don't get me wrong.
Jade Boyd:You probably won't want to take every shortcut.
Jade Boyd:Again, it can be a slippery slope and it can also be expensive to take the
Jade Boyd:shortcuts if you're trying to like pay somebody to teach you everything instead
Jade Boyd:of doing, doing the hustle a little bit and figuring things out for your business.
Jade Boyd:But the more shortcuts you're able to take and decide to take, the
Jade Boyd:faster you're going to see growth.
Jade Boyd:So again, in Effortless, which I will link in the show notes by Greg McKeown,
Jade Boyd:Greg McKeown writes, what if rather than fighting our pre programmed instinct to
Jade Boyd:seek the easiest path, we could embrace it, even use it to our advantage.
Jade Boyd:What if instead of asking, how can I tackle this really
Jade Boyd:hard, but essential project?
Jade Boyd:We simply inverted the question and asked, what if this essential
Jade Boyd:project could be made easy?
Jade Boyd:So in closing, I want you to think about that and consider your goals for your
Jade Boyd:business this year and ask yourself.
Jade Boyd:What if this could be easy?
Jade Boyd:What would that even look like?
Jade Boyd:And don't fall into the trap of believing that working more hours or working harder
Jade Boyd:or hustling is going to help you grow your business because it's not true.
Jade Boyd:It's, in fact, only going to slow you down.
Jade Boyd:Focus on what matters.
Jade Boyd:Align your business to what feels easy to you and take the shortcuts when you can.
Jade Boyd:So again, one of those shortcuts I mentioned is learning from someone who
Jade Boyd:can give you the step by step plan, and that is exactly what the business edit is.
Jade Boyd:The business edit is my signature group coaching program for service
Jade Boyd:providers who are two plus years into their business, who are already great
Jade Boyd:at their niche and what they do.
Jade Boyd:It's okay if you're still learning, but.
Jade Boyd:In general, you're a little bit more established, but you're ready to
Jade Boyd:do things differently and ready to simplify and declutter your business
Jade Boyd:so that you can focus on what matters and you can find smarter working,
Jade Boyd:smarter, not harder strategies to grow your business as a service provider
Jade Boyd:so that you can build a sustainable business that feels easy to you.
Jade Boyd:I have a step by step plan for you.
Jade Boyd:It doesn't have to be hard.
Jade Boyd:You don't have to spend years learning everything the hard way.
Jade Boyd:And so if that's something that you're interested in.
Jade Boyd:The application is always in the show notes and I would love to see
Jade Boyd:your application and meet you for a free 30 minute discovery call.
Jade Boyd:I treat those like mini coaching calls and we can chat about where you're at
Jade Boyd:and whether or not you're ready for the business Edit But if you are craving
Jade Boyd:a simplified business, if you're ready to stop trading time for money and
Jade Boyd:build a business that does feel easy.
Jade Boyd:but also gets really great results without sacrificing time with your family
Jade Boyd:or your nights or weekends or anything that you find yourself sacrificing
Jade Boyd:right now that feels unsustainable.
Jade Boyd:Please, please, please apply for the program.
Jade Boyd:I would love to sit down with you for 30 minutes and walk you through either.
Jade Boyd:What you need to do to be ready for the program or invite you in the doors today,
Jade Boyd:because this is kind of urgent, right?
Jade Boyd:If you know that what you're doing as a business owner is unsustainable, then
Jade Boyd:the best time to change your course of path and direction is right now.
Jade Boyd:So visit the show notes and apply.
Jade Boyd:I would love to meet you in real life or if something in this episode.
Jade Boyd:Episode resonated with you.
Jade Boyd:Feel free to come talk to me on Instagram at jade boy.
Jade Boyd:co.
Jade Boyd:And I would love to chat through your takeaways from this episode as well.
Jade Boyd:So until next time, business minimalists take what you learned today and
Jade Boyd:get 1 percent better this week.