In this episode, I discuss something many moms and entrepreneurs struggle with. What happens when you do everything yourself in business? As tempting as it might be, there's a hidden cost to this hustle, and I'm breaking it all down.

Here's what you'll hear during the episode:

• Three costs that come with operating your business as a solopreneur
• One powerful solution that can reduce the chances of you paying those costs.

LINKS & MENTIONS

• Ep 63. How to Plan Maternity Leave for Self Employed Entrepreneurs
• Apply for the Harmony Systems Sprint

RESOURCES

• The Mom CEO Suite Masterclass Collection: https://www.themomceosuite.com/masterclass

• CRM: Dubsado - Get 20% off your 1st month (if paying monthly) or 1st year (if paying annually)
• Website Hosting: Showit - Get 1 month free

Connect with Phylicia

FB: Phylicia Pough

IG: @phyliciapough

Connect with The Mom CEO Suite

Website: themomceosuite.com

Instagram: @themomceosuite

Join The Mom CEO Suite Email Community

You are now tuned in to the mom CEO suite podcast.

I'm your host, Phylicia, wife, mom, and

entrepreneur. In this podcast, I'll be sharing my mompreneur

journey along with strategies that will help you build your online

business operations in a sustainable way. The goal is

to help you build a business that fits into your lifestyle as a mom who

values putting family first. We will also hear the

experiences and expertise of other moms with service

based businesses. You'll get a peek into our journeys, so you'll

know that you aren't alone. Motherhood gets hard.

Entrepreneurship gets hard. But together, we can

do hard things. Welcome to the suite.

Hey friends. Welcome to another episode. Thank you so much for being here and

listening to the podcast. So today I want to talk a little bit

about the hidden cost of doing everything yourself. I

know in the online space, there are a lot of solar preneurs

and myself included. I still consider myself a solopreneur.

I, um, from time to time, I might hire a

contractor to. work on a project or to do something

specific for me, but for the most part, I do the

majority of the things in my business. And

so when it comes to being a solo preneur, though, there is a

hidden cost. To you doing everything

yourself, but even on the flip side, there's a hidden

cost. If you have a team. So either route you choose there's

going to be a hidden cost. So at the end of the day, you choose

which route works best for you. Um, and you choose what, which

costs you are more willing to pay, right?

Nail. There's different reasons for why we

choose to be solo preneurs. It could be for a financial

reason. Maybe you don't have the financial capacity to

hire team members. Maybe you don't have

the, just the bandwidth to manage a team.

Maybe you just don't want to have a team. And that is perfectly okay

as well. But When you start doing everything

yourself, there's a few things that you could potentially run

into. And I want to talk about those few things today. And then of

course, I want to give you a solution to this as well. So number one,

the main thing that there's the risk of is. Becoming

emotionally and physically burnt out. We hear about

burnout so much, not even just in the online

space, but we just hear about burnout a lot. And

that typically comes because we are trying to do

so many things. We are trying to be all

things to all people at all times. And we

were not created to operate in that way. We say yes

to too many things. And so, um, when you are a

solopreneur, you're doing all the things in your business. You

are the marketing team. You are the admin team. You

are. Fulfilling. The delivery. To the

clients, you are the accountant you're

doing. Everything in the business, right.

And this can lead to. Stress,

this can lead to exhaustion. And this

can kind of demotivate you because you're so busy

doing all of the things that you can't even enjoy

your business anymore. And then when you run into burnout and you're doing all the

things in your business, This also starts

to, affect your personal life as well.

And this is sometimes not all the time, but this is sometimes

why. we hear a lot of conversations

about. Not being able to balance work

and family because. We

are over committed. In the business or maybe we're over

committed. In another area. Right. And so

this can lead to that emotional and physical burnout. And I want

to be sure to include that emotional piece because you might

physically feel fine. But you might just emotionally,

you might be tired. You might feel drained. You might not

have energy to have conversations, right? It could be more than just

a physical thing. And so when you are doing all the things

yourself, you run the risk of, Experiencing emotional

and physical burnout. So that's the first thing. The next

thing you could run into. is the loss of

revenue opportunities. And so when you

are focused on like administrative tasks,

We are constantly focused on doing the client work or you

are doing repetitive tasks.

Whatever you're doing is taking you away from those

revenue generating activities. And so it could

be taking you away from doing the marketing that you need to do.

People need to hear about your business. So you need to be doing marketing activities.

It's taking you away from the actual sales activities.

So you can generate those actual sales. However you

do that in your business. It's taking you away from being

able to develop your, your offers and

your offer. Sweet in all of these things. It's taking you

away from being able to be strategic. And

so again, when you're doing all the things yourself, you're pulled in so many

different directions. That the revenue generating

piece of the puzzle. Or I guess I'll say a piece

of the pie just for a better visual that revenue

generating. Uh, piece of the pie is going to be

slimmer because your time is being

spent in other areas as well. I'm going to

shift before I get into the last cost of doing everything

yourself, I want to kind of shift into what you can do. To

kind of mitigate this risk. Right. And so I know a lot of

times there is, um, a lot of talk about.

Needing to hire a team you should delegate to a

team you need to have, people supporting you in your business.

And while that might work for some, it might not work for you.

Right. But what you can do is that you can

delegate to systems. I talked about this in a

past episode and I will link it in the

show description. I actually think it was the episode about maternity leave.

But I'll link it in the show description. But you can delegate to a

person. Yes. But you can delegate. To a

system. Always like to say, automation can be your first

assistant. And many times it's going to be cheaper

than you bringing on. A contractor or an employee.

Okay. So you have, you have these challenges in your business

and you're looking for a solution. You're looking to hand these tasks off

to someone else, but before you do that, There

is a another step that you can take. You can look

to systems to delegate, to.. And when I say

systems again, if you've listened to the podcast or my teachings,

when I say systems, I mean your process. Plus your tools.

Yes, your people as well, but it's also your tools. So don't

forget to look at the tools that you can

use, that you can implement automation to

help you with some of your tasks. Okay.

When you have automation set up in your business, when you have these

automated workflows going, it's like the

workflow is working for you. It's like having a team

behind you because these tools now this software, they can

do so many things, especially now. With the

emergence of AI artificial intelligence. And so you

want to see, look at your processes, look at how you operate,

how you do things you want to see. What can I delegate to

a tool? When you do this, when you delegate to a

tool. Right. When you implement automation, you are

going to absolutely free up your time. And this

is going to allow you to focus on whatever

you're best at. Whatever your zone of genius is if

that's serving clients. Or if that's, you know, creating

your offer suite. maybe you do like to do the back end operational

stuff. Right. But you can hand off these

repeatable. Tasks. To a tool and you can be

freed up to do the things that you need to do.

Now, when you have the right systems in place.

You're not doing things manually. You're freeing up your time.

Yes. But you're also making your business processes.

More efficient. And so things that might've taken you

one hour or two hours to do manually, it can now be done

automatically within maybe 30 minutes or even

10 minutes. Right. It just depends on what the process, where the

workflow is. And so you're saving time. You're saving

your time, but you are also saving time in how

you deliver your service or just how things are done in your

business. Also when you implement automation through these

tools. You are positioning yourself to

provide a consistent experience for your

clients. Okay. So all of your clients are going to be going through this

same experience. It's not like.

Client a is going to get one experience because you

had a, you know, you had a great week. You remember to do all of

the tasks in a timely manner, and then client B,

you, your calendar was a little bit more booked. And so you forgot to send

the invoice or there was a delay and you responding to emails. And so

they didn't have as great of an, of an experience. Okay.

And so when you implement automation through these tools, you are able

to provide a consistent. experience for your

clients. And I talk a lot about how your client

experience is so important because it affects your

revenue and it affects, you know, the retention of your clients, but

also your referrals as well. and then finally, when

it comes to, delegating to systems,

There's just a peace of mind that comes when you know

that nothing is slipping through the cracks. When you know that things are just

taken care of. Okay. That could just be your

client communication, like your one boarding. Let's just say somebody wants

to join your program. You can have peace of

mind that they are going to get all of the information that they need. They're

not going to pay you. And then second, guess their

decision because they did not receive any receipt or they

didn't receive a welcome email or they didn't receive next steps.

Okay. Um, so you just have this peace of mind that

everything is taken care of and nothing is going to slip through the

cracks. Which just by human nature, we're

forgetful. We're sometimes going to forget things. Now I am going to say

like, yes, automation and technology and tools, sometimes

these things break. And so that is why it's important

to, you know, on some type of schedule. Be

testing out, reviewing, evaluating, uh, your,

your processes, your workflows, all of those things.

But for the most part, it is more reliable

than a human completing the task. And

it provides more consistency. Okay. And so you might be

thinking, okay. Yes, I know. I need to automate more of

my business. I know I need to leverage these tools. To

start handling these tasks for me. And so I want to

talk to you guys about the harmony system sprint, because this is

literally what I will do for you through this harmony

system sprint. It is a very quick, we're gonna work together for

one week and I'm going to review your business.

processes and your workflows identify, those

bottlenecks identify any efficiencies, identify

areas for growth, and you'll get a guide where you're able to

implement. some quick changes so you can see some

wins. Um, and then I'm also going to do a tool audit for you,

so you don't have to figure out what tools. And you're a tech stack. You

need to keep what's working. What's not working. What integrates, what does it

integrate? I will figure that all out for you and we'll help you,

you know, choose a tech stack. That makes sense for you, your business and your

business goals. And then I will complete One core

automation. For one of your business workflows, right? So that can be

your client onboarding. If you have a podcast that can be your podcast,

guests management, that can be some type of content management,

but your workflow will be automated. It will be

optimized and it will be efficient. And when I say efficient.

I'm meaning, there's little or, or no waste in your

process, right. That could be wasting time or wasting resources.

Okay. And so again, this is

a one week service, this is not a long six to

eight week or three month consulting container one

week, because I know sometimes we just don't have the capacity to

commit to these long things. And so I want to be able to give

you some quick wins in your business so you can

get your time back so things can flow more efficiently

in your business and you can have streamlined systems. And so if you

are interested in that, just go ahead and click the link in the show description.

There is an application, and, I'll get back to you once you

submit your application within 24 hours. But if you have any questions

about it, before that you can shoot me a DM over on Instagram.

So just to recap really quickly, we talked about the hidden costs of doing

everything yourself and your business. This can lead to

emotional and physical burnout. And we don't need that.

Especially as moms, we do not need to be burnt out

because our children and our family, they rely on us. For so

much, we don't need to be burnt out because of the business. Right. And so

we really want to leverage systems. We want to leverage having a

process or knowing how to do anything in our business.

We want to have tools. And technology that are

going to do the heavy lifting for us. Okay.

Um, the second hidden cost is that there is the, risk

of losing out on revenue opportunities. and then finally

your growth. I don't even think I got back to this in the beginning of

the episode, but your growth. Is stagnant. Because you are

focused on the day-to-day operations and you're not able to

really focus on that strategic growth in that

longterm planning. Okay. So.

Don't want you to have to deal with these hidden

costs. And so really consider.

Delegating to systems. When I say systems. Yes. I

mean your process, your tools and your people, but before

you get to that people piece, Don't forget about the tools. The

tools can do so much for you, especially when you leverage

automation. Let automation. be your first assistant. Go

ahead. Click the link in the show description to apply for the harmony system

sprint. I'm very limited opportunity. I'm only doing one to two of

these per month. Um, if you have any questions, DM. Instagram,

and I will see you guys in the next episode. Thank you

for listening to the MomCEO Suite Podcast. If you

enjoyed this episode, can you do us a favor? Leave a review on

iTunes and share with other moms in business like you.

Help us spread our message and empower others who are at this intersection

of motherhood and entrepreneurship.