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STEP 1: Calculate your Target Daily Value (TDV) & Target Hourly Value (THV)
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Calculate your TDV + THV 1x per quarter based on your target revenue and your estimated # and length of your work days for the upcoming quarter.
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Quarter + Year90 Day Rev GoalWorkdays/WkHrs/WorkdayTarget Daily ValueTarget Hourly Value
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Q1 2024$300,00072$3,571$1,786
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STEP 2: Understand task value buckets and eliminate, delegate or prioritize accordingly based on your TDV/THV
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Not all tasks are made equal. Eliminate or delegate all low and medium value tasks that do not help you crush your TDV. Prioritize high value tasks that do. Below we have provided a guide to help you understand which tasks fall into which value bucket. We recommend adding or updating the task list on a weekly or monthly basis.
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IMPORTANT: Growth stage dictates the dollar amount of your value buckets. Dream Up = $10/$50/$250/$1,000 value buckets. Start Up = $10, $100, $500, $5,000. Ramp Up and above = $10, $100, $1,000, $10,000.
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TaskValue BucketRecommendation
Recommendation
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Bookkeeping1. LOW$10
Eliminate/Delegate
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Graphic design1. LOW$10
Eliminate/Delegate
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Organizing company files
1. LOW$10
Eliminate/Delegate
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Sending emails1. LOW$10
Eliminate/Delegate
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Social media content creation
1. LOW$10
Eliminate/Delegate
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Social media scheduling
1. LOW$10
Eliminate/Delegate
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Transcribing1. LOW$10
Eliminate/Delegate
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Video editing1. LOW$10
Eliminate/Delegate
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Reviewing inbox / replying to emails
1. LOW$10
Eliminate/Delegate
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Blogging / content creation
2. LOW MEDIUM$50
Eliminate/Delegate
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Coding / development
2. LOW MEDIUM$50
Eliminate/Delegate
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Cold calling2. LOW MEDIUM$50
Eliminate/Delegate
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Documenting processes
2. LOW MEDIUM$50
Eliminate/Delegate
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Emailing existing customers
2. LOW MEDIUM$50
Eliminate/Delegate
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Emailing prospects
2. LOW MEDIUM$50
Eliminate/Delegate
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Outsourcing/delegating tasks
2. LOW MEDIUM$50
Eliminate/Delegate
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UX Design & Research
2. LOW MEDIUM$50
Eliminate/Delegate
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Project management
2. LOW MEDIUM$50
Eliminate/Delegate
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Establishing brand guidelines
3. MEDIUM$250Delegate or Do
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PR & Publicity3. MEDIUM$250Delegate or Do
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Sales calls3. MEDIUM$250Delegate or Do
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Sales funnels planning
3. MEDIUM$250Delegate or Do
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Social media campaign strategy
3. MEDIUM$250Delegate or Do
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UI / UX design3. MEDIUM$250Delegate or Do
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Creating processes & systems
3. MEDIUM$250Delegate or Do
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Delegating / automating complex tasks
3. MEDIUM$250Delegate or Do
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Evaluating data/marketing experiments
3. MEDIUM$250Delegate or Do
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Sales copy creation
3. MEDIUM$250Delegate or Do
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Creating new products / offers
4. HIGH$1,000Do or Delegate
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Establishing new distribution
4. HIGH$1,000Do or Delegate
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Establishing positioning
4. HIGH$1,000Do or Delegate
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Evaluating data and strategizing execution
4. HIGH$1,000Do or Delegate
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Expanding into new markets
4. HIGH$1,000Do or Delegate
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Negotiating deals4. HIGH$1,000Do or Delegate
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Sales funnel mapping
4. HIGH$1,000Do or Delegate
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Webinars / public speaking
4. HIGH$1,000Do or Delegate
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STEP 3: Calculate your Target Daily Value (TDV) every day during your EOD routine
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We have provided a template on the next sheet that you can use to complete this daily and automate using Toggle and Zapier.
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IMPORTANT: Growth stage dictates the dollar amount of your value buckets. Dream Up = $10/$50/$250/$1,000 value buckets. Start Up = $10, $100, $500, $5,000. Ramp Up and above = $10, $100, $1,000, $10,000.
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DATEVALUE BUCKETMINUTESTOTAL VALUE
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3/5/2018$1,00090$1,500
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3/5/2018$1,00030$500
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3/5/2018$25025$104
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3/5/2018$1,00074$1,233
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3/5/2018$1,00045$750
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3/5/2018$25060$250
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3/5/2018$25045$188
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3/5/2018$1015$3
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$4,528
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