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How do you determine what adds the most value to your business? Ask Evan


hi I’m Evan Carmichael welcome to the

hi I’m Evan Carmichael welcome to the edition of ask Evan today I’m going to

edition of ask Evan today I’m going to

edition of ask Evan today I’m going to answer a question from one of our

answer a question from one of our

answer a question from one of our Twitter readers his name is Kyle Kyle

Twitter readers his name is Kyle Kyle

Twitter readers his name is Kyle Kyle Van Pelt and he wrote in saying how do

Van Pelt and he wrote in saying how do

Van Pelt and he wrote in saying how do you determine what adds the most value

you determine what adds the most value

you determine what adds the most value to your business listen to the question

to your business listen to the question

to your business listen to the question Kyle I think I may mention this before

Kyle I think I may mention this before

Kyle I think I may mention this before but on my way to work every day I try to

but on my way to work every day I try to

but on my way to work every day I try to ask myself what can I do to add the most

ask myself what can I do to add the most

ask myself what can I do to add the most value to my business today and I find

value to my business today and I find

value to my business today and I find that if I’m doing things too much that

that if I’m doing things too much that

that if I’m doing things too much that is not adding a lot of value I try to

is not adding a lot of value I try to

is not adding a lot of value I try to see does this still need to be done and

see does this still need to be done and

see does this still need to be done and if so does it have to be me who’s doing

if so does it have to be me who’s doing

if so does it have to be me who’s doing it and again as you’re walking to your

it and again as you’re walking to your

it and again as you’re walking to your office or however you’re going in if

office or however you’re going in if

office or however you’re going in if you’re waking up and you’re going off to

you’re waking up and you’re going off to

you’re waking up and you’re going off to your chair if you’re working from home

your chair if you’re working from home

your chair if you’re working from home you do want to think how can I add the

you do want to think how can I add the

you do want to think how can I add the most value to my business now in terms

most value to my business now in terms

most value to my business now in terms of how to determine that for me what I

of how to determine that for me what I

of how to determine that for me what I do is to think about impact and the two

do is to think about impact and the two

do is to think about impact and the two impacts that I can have is one helping

impacts that I can have is one helping

impacts that I can have is one helping one person or one client and having it

one person or one client and having it

one person or one client and having it in a really meaningful way and so

in a really meaningful way and so

in a really meaningful way and so spending you know a lot of time going

spending you know a lot of time going

spending you know a lot of time going in-depth adding a lot of value to help

in-depth adding a lot of value to help

in-depth adding a lot of value to help one person and hopefully touch them you

one person and hopefully touch them you

one person and hopefully touch them you know change your life or change their

know change your life or change their

know change your life or change their business and have a really strong impact

business and have a really strong impact

business and have a really strong impact the other form of impact I find is is

the other form of impact I find is is

the other form of impact I find is is hitting more masses so having a slightly

hitting more masses so having a slightly

hitting more masses so having a slightly less strong connection but still be able

less strong connection but still be able

less strong connection but still be able to help and reach a lot of people so

to help and reach a lot of people so

to help and reach a lot of people so example the first one I might help a

example the first one I might help a

example the first one I might help a client or might help an entrepreneur

client or might help an entrepreneur

client or might help an entrepreneur one-on-one if it’s a coffee meeting and

one-on-one if it’s a coffee meeting and

one-on-one if it’s a coffee meeting and just try to really dig into their

just try to really dig into their

just try to really dig into their business and give them some advice the

business and give them some advice the

business and give them some advice the example of the second one is is doing

example of the second one is is doing

example of the second one is is doing videos like this right I’m in my house I

videos like this right I’m in my house I

videos like this right I’m in my house I don’t I’m talking to a whole bunch of

don’t I’m talking to a whole bunch of

don’t I’m talking to a whole bunch of people hi but I’m never going to meet

people hi but I’m never going to meet

people hi but I’m never going to meet most of you but hopefully there’s still

most of you but hopefully there’s still

most of you but hopefully there’s still some kind of impact that I can have and

some kind of impact that I can have and

some kind of impact that I can have and give some advice encourage your

give some advice encourage your

give some advice encourage your motivation ideas to help you grow your

motivation ideas to help you grow your

motivation ideas to help you grow your business so when I’m walking to the

business so when I’m walking to the

business so when I’m walking to the office or try to think how can I have

office or try to think how can I have

office or try to think how can I have the most impact how can I add the most

the most impact how can I add the most

the most impact how can I add the most value

value

value if I look at some of the things

if I look at some of the things

if I look at some of the things especially most entrepreneurs if you’re

especially most entrepreneurs if you’re

especially most entrepreneurs if you’re doing a lot of admin work or accounting

doing a lot of admin work or accounting

doing a lot of admin work or accounting work as an example if you do in your

work as an example if you do in your

work as an example if you do in your books how much impact does that have

books how much impact does that have

books how much impact does that have right are you helping people you’re

right are you helping people you’re

right are you helping people you’re helping one person really in-depth are

helping one person really in-depth are

helping one person really in-depth are you helping a lot of people in a less

you helping a lot of people in a less

you helping a lot of people in a less impactful way but you’re helping more

impactful way but you’re helping more

impactful way but you’re helping more people at the same time probably not so

people at the same time probably not so

people at the same time probably not so there’s a lot of things that you’re

there’s a lot of things that you’re

there’s a lot of things that you’re probably doing that is not helping

probably doing that is not helping

probably doing that is not helping people is not having a big impact that

people is not having a big impact that

people is not having a big impact that may still need to get done you know so

may still need to get done you know so

may still need to get done you know so for me the books have to get done at my

for me the books have to get done at my

for me the books have to get done at my company there’s a lot of admin work that

company there’s a lot of admin work that

company there’s a lot of admin work that has to get done it doesn’t mean that I

has to get done it doesn’t mean that I

has to get done it doesn’t mean that I have to do it and you want to try to get

have to do it and you want to try to get

have to do it and you want to try to get to the point where you can either you

to the point where you can either you

to the point where you can either you eliminate the stuff you don’t need

eliminate the stuff you don’t need

eliminate the stuff you don’t need automate as much as possible and then

automate as much as possible and then

automate as much as possible and then delegate the work that still has to get

delegate the work that still has to get

delegate the work that still has to get done by somebody but shouldn’t always be

done by somebody but shouldn’t always be

done by somebody but shouldn’t always be you so for these videos for example my

you so for these videos for example my

you so for these videos for example my brand is me so I’m on the videos i want

brand is me so I’m on the videos i want

brand is me so I’m on the videos i want to help answer the question you know you

to help answer the question you know you

to help answer the question you know you tweeted me with a question so i want to

tweeted me with a question so i want to

tweeted me with a question so i want to answer that personally that’s not

answer that personally that’s not

answer that personally that’s not something I can hand off to somebody and

something I can hand off to somebody and

something I can hand off to somebody and say hey Kyle great question here’s my

say hey Kyle great question here’s my

say hey Kyle great question here’s my assistant is going to answer for you

assistant is going to answer for you

assistant is going to answer for you right I want to try to make that a

right I want to try to make that a

right I want to try to make that a little more personal but there are the

little more personal but there are the

little more personal but there are the things that I can hand off that I have a

things that I can hand off that I have a

things that I can hand off that I have a great team and they can manage do on the

great team and they can manage do on the

great team and they can manage do on the run without me so you got to play that

run without me so you got to play that

run without me so you got to play that you know I guess that balance and figure

you know I guess that balance and figure

you know I guess that balance and figure out what should be done by you where

out what should be done by you where

out what should be done by you where you’re adding a lot of value versus what

you’re adding a lot of value versus what

you’re adding a lot of value versus what can be handed off to the people on your

can be handed off to the people on your

can be handed off to the people on your team at the start you know you may not

team at the start you know you may not

team at the start you know you may not have a lot of money to hire somebody the

have a lot of money to hire somebody the

have a lot of money to hire somebody the first person I hired was for one hour a

first person I hired was for one hour a

first person I hired was for one hour a day you don’t have to have somebody

day you don’t have to have somebody

day you don’t have to have somebody full-time you don’t have to have

full-time you don’t have to have

full-time you don’t have to have somebody come to your office into your

somebody come to your office into your

somebody come to your office into your home it can be part-time really small

home it can be part-time really small

home it can be part-time really small you know an hour a day a couple hours a

you know an hour a day a couple hours a

you know an hour a day a couple hours a week just to unload some of the work

week just to unload some of the work

week just to unload some of the work that you’re doing and give you more time

that you’re doing and give you more time

that you’re doing and give you more time to free up working on bigger projects

to free up working on bigger projects

to free up working on bigger projects that can help grow your business another

that can help grow your business another

that can help grow your business another thing I think about when I try to think

thing I think about when I try to think

thing I think about when I try to think about adding value is I like starting

about adding value is I like starting

about adding value is I like starting projects and not running project so i’ll

projects and not running project so i’ll

projects and not running project so i’ll get something going i’ll come up with a

get something going i’ll come up with a

get something going i’ll come up with a lot of new ideas that’s my main role at

lot of new ideas that’s my main role at

lot of new ideas that’s my main role at the company now I guess is coming up

the company now I guess is coming up

the company now I guess is coming up with ways to grow the business and all

with ways to grow the business and all

with ways to grow the business and all launching I’ll spend a lot of time

launching I’ll spend a lot of time

launching I’ll spend a lot of time testing things out and then once I have

testing things out and then once I have

testing things out and then once I have the system

the system

the system kind of humming I’ll hand it off to my

kind of humming I’ll hand it off to my

kind of humming I’ll hand it off to my team to continue to run with and then

team to continue to run with and then

team to continue to run with and then I’m off to the new project if you’re

I’m off to the new project if you’re

I’m off to the new project if you’re thinking about value for your business

thinking about value for your business

thinking about value for your business especially if you want to sell it you

especially if you want to sell it you

especially if you want to sell it you want to have a business that can run

want to have a business that can run

want to have a business that can run without you in it as much as possible so

without you in it as much as possible so

without you in it as much as possible so you have systems procedures a team in

you have systems procedures a team in

you have systems procedures a team in place structure that the business can

place structure that the business can

place structure that the business can run without you having to be there and

run without you having to be there and

run without you having to be there and so as much as possible to remove myself

so as much as possible to remove myself

so as much as possible to remove myself from the day-to-day operations of the

from the day-to-day operations of the

from the day-to-day operations of the business and focus on new growth and for

business and focus on new growth and for

business and focus on new growth and for me that’s adding a lot of value to the

me that’s adding a lot of value to the

me that’s adding a lot of value to the business so I don’t know what stage

business so I don’t know what stage

business so I don’t know what stage you’re at with your company at the

you’re at with your company at the

you’re at with your company at the moment but you want to try to at least

moment but you want to try to at least

moment but you want to try to at least carve out some time every week I call a

carve out some time every week I call a

carve out some time every week I call a CEO time where you’re focusing on

CEO time where you’re focusing on

CEO time where you’re focusing on projects that will grow the business and

projects that will grow the business and

projects that will grow the business and not just running the operations of the

not just running the operations of the

not just running the operations of the company hopefully I’ll helped answer

company hopefully I’ll helped answer

company hopefully I’ll helped answer your question is a great question i

your question is a great question i

your question is a great question i really enjoyed that one for those of you

really enjoyed that one for those of you

really enjoyed that one for those of you watching if you liked it please give it

watching if you liked it please give it

watching if you liked it please give it a thumbs up below makes going to do more

a thumbs up below makes going to do more

a thumbs up below makes going to do more of these videos and i love here we have

of these videos and i love here we have

of these videos and i love here we have to think if you want to leave a comment

to think if you want to leave a comment

to think if you want to leave a comment under the video about how you know how

under the video about how you know how

under the video about how you know how you determine value and what what tasks

you determine value and what what tasks

you determine value and what what tasks add the most value for you and if you

add the most value for you and if you

add the most value for you and if you have a question for your own business

have a question for your own business

have a question for your own business I’d love to try to answer it for you on

I’d love to try to answer it for you on

I’d love to try to answer it for you on leave in the comments section below I

leave in the comments section below I

leave in the comments section below I love seeing that come in and love to

love seeing that come in and love to

love seeing that come in and love to hear your thoughts if you won’t leave a

hear your thoughts if you won’t leave a

hear your thoughts if you won’t leave a comment below so thank you and I’ll see

comment below so thank you and I’ll see

comment below so thank you and I’ll see you on the next episode

”

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