For CPAs Archives - MEASURE x HACK

Achieving more by working less? Sounds impossible, right? Introducing the MEASURE x HACK method: 7 Principles to Work Less and Achieve More In a world where being constantly busy is the norm, working less while achieving more seems like a distant dream. But what if we told you there's a method that can help you strike the perfect balance between productivity and rest? It's called the MEASURE x HACK method. In this video, we'll dive into the seven principles of this method, showing you how to achieve more with less effort. #1 Measuring your time Track how much time you spend on various tasks and activities throughout the day. By doing this, you'll identify patterns and habits that may be holding you back, such as excessive email checking or social media browsing. Use time-tracking apps or a simple spreadsheet to record your time, and make adjustments accordingly to free up time for productive work. In a CAS practice, ask how you are spending time. Are you letting the CEO of your client know about how they are spending their time. This is what makes you the proper business coach, the Advisory part of CAS. You can’t talk about money without talking about time and the executives at your clients need to hear this from you. #2 Identifying your priorities Determine which tasks and activities are most important to you and align with your goals. By focusing on your priorities, you'll be less likely to get distracted by less important tasks. Set clear goals for your personal and professional life, and then create a plan to work towards them. In CAS, we tell our clients to identify their priorities so, what are the key metrics that measure “success”? It could be to improve client retention, so what are the numbers behind that? What is the timeline or your balance sheet, for example. Then you can build an entire forecast and help that CEO to put together a plan towards growth and success. #3 Using the 80/20 rule The 80/20 rule, or the Pareto Principle, states that 80% of your results come from 20% of your efforts. This means that a small percentage of your activities will yield the majority of your results. By applying the 80/20 rule, you can concentrate your time and energy on the tasks and activities that will have the most significant impact, ultimately maximizing your results while minimizing your effort. In a CAS practice, this should be your cornerstone. You are advising on helping to achieve more and work less. Every CAS practice should understand this. #4 Eliminating distractions Distractions can seriously harm your productivity, pulling you away from your priorities and wasting your time. To eliminate distractions, identify the biggest culprits in your work environment and take steps to reduce or eliminate them. For instance, turn off email and social media notifications during work hours, or use a noise-canceling headset to block out background noise. Here we are talking about habits, but taking it back to CAS, help clients identify what their distractions are focus on one thing at a time. You can increase revenue like crazy, but then something may break. Then what do you do? Use systems and processes to help that CEO focus, because this year especially may not be about growth but preservation and readiness. #5 Automating repetitive tasks Want to work less and acheive more? Automate repetitive tasks! Repetitive tasks can drain your time and energy, but many of them can be automated using tools like software and apps. Identify tasks you perform regularly, research tools and software that can help you automate them, and free up more time for important work. For example, use a scheduling app like calendly to automate appointment scheduling or hootsuite for posting on socials. The possibilities are endless. #6 Delegating tasks Delegation allows you to achieve more while working less by entrusting tasks to someone else, freeing up your time to focus on higher-priority tasks. Identify tasks that are time-consuming or outside of your expertise, find someone capable of completing them, and communicate your expectations clearly. Delegation may be challenging at first, but with practice, it can become a valuable tool in your productivity arsenal. Fiverr, UpWorks, or Freelancer are some great websites where you can find quality people to delegate your work to without costing you a whole lot of money. This goes back to knowing what the CAS partner is working on? Who is the rainmaker? Do a staff audit and lay out your core values and your rules and functions. See if the skill sets are there and the capacity to do it. #7 Taking regular breaks Taking breaks might seem counterintuitive when trying to achieve more, but research shows that breaks can actually improve productivity and creativity. Schedule breaks into your workday and engage in activities that help you relax and recharge, such as taking a walk, meditating, or listening to music. This will allow you to return to work with renewed energy and focus. Gone are the days of crazy billable hours. When your firm is not healthy or doing well, you have to take breaks, reassess. Where is the downtime? Is it scheduled into your firm’s week? How are you maximizing the potential of your staff? It doesn’t come from overworking them. You want them to want to work for you. The MEASURE x HACK method™ is a powerful productivity method that helps you work less and achieve more. By measuring your time, identifying your priorities, using the 80/20 rule, eliminating distractions, automating repetitive tasks, delegating tasks, and taking breaks, you can optimize your productivity and reach your goals. Start by measuring your time and identifying your priorities. Apply the 80/20 rule to focus your efforts on tasks and activities with the most significant impact. Eliminate distractions, automate repetitive tasks, and delegate tasks to free up time and energy. Finally, take breaks to rest and recharge, allowing you to come back to work with renewed focus and energy. In conclusion, achieving more while working less is not an impossible task. By implementing the principles of the MEASURE x HACK method, you can optimize your productivity, achieve your goals, and enjoy more time for rest and relaxation. Subscribe to learn effective MEASURE x HACK method techniques that will streamline your business and free up your time. Embrace change now! 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Tag: For CPAs

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