I’m a bootstrapping solopreneur who needs to delegate out some tasks that eat away my time, but can’t afford to pay employees. What are my options?

Even people who set out to work for themselves and not build a huge team need help to get all of the pieces of running a business operating smoothly. If you can’t afford to hire… or don’t want to hire, here are some suggestions:

  • Find software that will automate or streamline the parts of the business that you don’t like. If accounting baffles you, get Quickbooks or some other accounting software. It will be easier come tax season to hand over organized files to a professional. Also project management software should be a consideration. If you find yourself doing the same task over and over again, then it’s time to put it into a list that you can easily follow. When you create a checklist for common tasks, it frees up your thinking power to do more difficult things. Decision fatigue is a real thing.
  • Find the thing that you don’t like to do and outsource it at the first opportunity. In most cases you can hire an accountant for just a few hours a month to handle the finances. Remember that you don’t have to bring on people full time. There are a lot of freelancers out there willing to pick up piece work.
  • Find people willing to trade services or goods with you. It’s a great way to get stuff done, without coughing up cash. Just remember that you still have to pay taxes on barter.
  • It also never hurts to take time and focus on growing your business. Bootstrapping is smart for starting a business, but for running things long term, cutting it too tight can cause unnecessary stress.

Posted in: Staying Lean