A | B | C | D | E | F | G | |
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1 | STEP 1: Calculate your Target Daily Value (TDV) & Target Hourly Value (THV) | ||||||
2 | 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. | ||||||
3 | Quarter + Year | 90 Day Rev Goal | Workdays/Wk | Hrs/Workday | Target Daily Value | Target Hourly Value | |
4 | Q1 2024 | $300,000 | 7 | 2 | $3,571 | $1,786 | |
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12 | STEP 2: Understand task value buckets and eliminate, delegate or prioritize accordingly based on your TDV/THV | ||||||
13 | 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. | ||||||
14 | 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. | ||||||
15 | Task | Value Bucket | Recommendation | Recommendation | |||
16 | Bookkeeping | 1. LOW | $10 | Eliminate/Delegate | |||
17 | Graphic design | 1. LOW | $10 | Eliminate/Delegate | |||
18 | Organizing company files | 1. LOW | $10 | Eliminate/Delegate | |||
19 | Sending emails | 1. LOW | $10 | Eliminate/Delegate | |||
20 | Social media content creation | 1. LOW | $10 | Eliminate/Delegate | |||
21 | Social media scheduling | 1. LOW | $10 | Eliminate/Delegate | |||
22 | Transcribing | 1. LOW | $10 | Eliminate/Delegate | |||
23 | Video editing | 1. LOW | $10 | Eliminate/Delegate | |||
24 | Reviewing inbox / replying to emails | 1. LOW | $10 | Eliminate/Delegate | |||
25 | Blogging / content creation | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
26 | Coding / development | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
27 | Cold calling | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
28 | Documenting processes | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
29 | Emailing existing customers | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
30 | Emailing prospects | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
31 | Outsourcing/delegating tasks | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
32 | UX Design & Research | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
33 | Project management | 2. LOW MEDIUM | $50 | Eliminate/Delegate | |||
34 | Establishing brand guidelines | 3. MEDIUM | $250 | Delegate or Do | |||
35 | PR & Publicity | 3. MEDIUM | $250 | Delegate or Do | |||
36 | Sales calls | 3. MEDIUM | $250 | Delegate or Do | |||
37 | Sales funnels planning | 3. MEDIUM | $250 | Delegate or Do | |||
38 | Social media campaign strategy | 3. MEDIUM | $250 | Delegate or Do | |||
39 | UI / UX design | 3. MEDIUM | $250 | Delegate or Do | |||
40 | Creating processes & systems | 3. MEDIUM | $250 | Delegate or Do | |||
41 | Delegating / automating complex tasks | 3. MEDIUM | $250 | Delegate or Do | |||
42 | Evaluating data/marketing experiments | 3. MEDIUM | $250 | Delegate or Do | |||
43 | Sales copy creation | 3. MEDIUM | $250 | Delegate or Do | |||
44 | Creating new products / offers | 4. HIGH | $1,000 | Do or Delegate | |||
45 | Establishing new distribution | 4. HIGH | $1,000 | Do or Delegate | |||
46 | Establishing positioning | 4. HIGH | $1,000 | Do or Delegate | |||
47 | Evaluating data and strategizing execution | 4. HIGH | $1,000 | Do or Delegate | |||
48 | Expanding into new markets | 4. HIGH | $1,000 | Do or Delegate | |||
49 | Negotiating deals | 4. HIGH | $1,000 | Do or Delegate | |||
50 | Sales funnel mapping | 4. HIGH | $1,000 | Do or Delegate | |||
51 | Webinars / public speaking | 4. HIGH | $1,000 | Do or Delegate | |||
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53 | STEP 3: Calculate your Target Daily Value (TDV) every day during your EOD routine | ||||||
54 | We have provided a template on the next sheet that you can use to complete this daily and automate using Toggle and Zapier. | ||||||
55 | 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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57 | DATE | VALUE BUCKET | MINUTES | TOTAL VALUE | |||
58 | 3/5/2018 | $1,000 | 90 | $1,500 | |||
59 | 3/5/2018 | $1,000 | 30 | $500 | |||
60 | 3/5/2018 | $250 | 25 | $104 | |||
61 | 3/5/2018 | $1,000 | 74 | $1,233 | |||
62 | 3/5/2018 | $1,000 | 45 | $750 | |||
63 | 3/5/2018 | $250 | 60 | $250 | |||
64 | 3/5/2018 | $250 | 45 | $188 | |||
65 | 3/5/2018 | $10 | 15 | $3 | |||
66 | $4,528 | ||||||
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