I saw a news article just the other day about how doing it yourself doesn’t necessarily mean saving money.  Isn’t that the truth — there comes a time when every do-it-yourselfer needs to recognize that they don’t have the know-how, and relinquish the task to someone who does.

There are many small business owners who try to do everything themselves, whether or not they are qualified to do the job.  Small business owners, particularly sole proprietors, often feel they need to do everything themselves, because they feel they are too small an operation to afford to contract someone to do it for them.

Unfortunately, this can be an even bigger waste of your resources than the money it would cost to pay someone.  The contractor most likely works faster than you would, so the work gets done sooner.  Also, you will be free to spend that time directly earning money for your business.  And furthermore, the work is more likely to be done right the first time – whereas, as this article indicates, you could end up spending more to fix the mistakes you’ve made!

So if it takes a contractor, say, three hours to install an ADT security system, but it takes you five, you have not only lost the money you could have made over three hours — you have lost what you could have made over five.  Even more important, you have saved the money that might otherwise have been spent hiring someone to fix your mistakes!

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