How Much Time to Spend Working In vs. On Your Business

Nonprofit Consulting Series #1Understanding how much time to spend working on your business versus working in your business can be a head scratch. Even the most seasoned nonprofit consultants and freelance grant writers can find themselves going down the rabbit hole of non-prioritized tasks. For example, if you find yourself spending 80 percent of your time on social media and are getting a lot of likes but no clients, then it definitely isn’t a good use of your time.Vice versa, if all you are doing is writing grant applications but never invoicing then that isn’t great either.Mike Michalowicz, author of Profit First (an excellent read, by the way) states that:“In the early days of a company, when annual revenues are below $250,000…you are likely the only employee… And that means you must be doing 90 percent of the work… Basically, you are a true entrepreneur 10 percent of the time, and a hardworking, hard-selling employee of your own company 90 percent of the time.”That means, yes, you do most of the work and might hire a virtual assistant to do bits and pieces, but even then…how much of that 90 percent of the time do you work in your businesses vs. on your business?In this episode, Mandy Pearce and Mazarine Treyz come on the show to discuss what formulas can look like for nonprofit consultants (and a LOT more!). You get to hear how these influencers and nonprofit consultants have learned how to create systems, plan, and even say no to what they do not want to do. This has created streamlined businesses and learning what their formulas are that make them keep going. What does that mean for you? Well, you get to fast-track your business by learning from others who have figured some things out through some amazing shared lessons!What We Discuss In This Episode:Time Working In vs. On BusinessConsulting GoalsThe Upper Limit ProblemBusiness SustainabilityOutsourcing TasksStarting Your Consultancy when Working Full-TimeHow to Not Compromise Your Values as a ConsultantHow to Plan Your ServicesYou Can Turn Clients Away                     Boundaries & Values in Your ConsultancyNonprofit Consulting Conference Sneak PeekAbout Mandy PearceIn 2009, visionary, Mandy Pearce, founded her flagship company, Funding for Good, to equip organizations with all of the skills and tools needed to become successful and sustainable.She continues to enjoy evolving this company to meet the changing demands of the nonprofit world. For over two decades, Mandy and her team of experts have shared their proficiency in fundraising through executive coaching, strategic and development planning, seminars and specialized consulting programs.Mandy’s dynamic teaching style has brought thousands of people to her presentations at conventions, training workshops and online platforms. Mandy established Funding for Good, Inc. upon the core values of honesty, efficiency, direct communication and bringing sustainable dollars to local communities.Ways to Connect with Mandy:Website: Funding for GoodLinkedIn: Connect with MandyAbout Mazarine TreyzMazarine Treyz is a nonprofit leadership coach, speaker and best selling author of “The Wild Woman’s Guide to Fundraising”, serving people in over 70 different countries.Mazarine specializes in helping nonprofit leaders with fundraising goals through authentic relationships both online and offline.  As a result, clients have doubled monthly donors, taken their schools from 10K to 170K in recurring revenue, and created their own global nonprofits. Treyz has co-founded a nonprofit and has over a decade of experience as a nonprofit fundraiser in small shops. Today, Mazarine Treyz leads the nonprofit workplace justice movement to create a better nonprofit work culture through her writing, training, podcast and keynote speeches.Connect with Mazarine Treyz:Work with MazarineNeed a speaker? Chat with MazarineRelated Episodes:How to Identify What Rates to Charge as a Grant WriterWhy the Nonprofit World Has a Bias Against Women and How to Break the BiasOTHER RESOURCES:Weekly Newsletter: “Write Grants. Get Paid” - Get thought leadership on grant and freelance grant writing strategies every week in your inbox.  https://grantwritingandfunding.com/Freelance Grant Writer Academy: Replace your Full-Time Income Writing Grants Part-Time from Home. https://grantwritingandfunding.com/freelance-grant-writer-academy/Grant Professional Mentorship: Double your Monthly Revenue with an Income Stream Outside of Grant Writing. https://grantwritingandfunding.com/mentorship RATE, REVIEW, & FOLLOW THE PODCASTFavor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?This helps others find the podcast and I read each and every review!“Every time I listen to Holly’s show, I learn something” <– If that sounds like you, please consider rating and reviewing my show!Also, if you haven’t done so already, follow the Grant Writing & Funding podcast to get grant and freelance grant writing proven strategies and conversations in your podcast player every single week.Thanks for listening!Warmly,Holly RustickLeading the $1 Billion for Good Movement: By 2030, aspiring and seasoned grant writers inside the Freelance Grant Writer Academy & Grant Professional Mentorship will 1) WIN $1 Billion in Grants, and 2) MAKE $30 Million in their Grant Writing Businesses. We are on our way already.