Better Business, Better Life – Issue 141

 

There’s something deeply ingrained in the Kiwi mindset – the idea that we can DIY our way through anything & save money.

Need a new deck? Build it yourself.

Need a new website? Surely, one of the team can hack something together.

Need a system to manage your EOS roll-out? Just whack together a few spreadsheets, right?

But here’s the thing – just because you can doesn’t mean you should.

BUSINESS TOOLS & REAL-LIFE LESSONS

The Real Cost of ‘Saving Money’ – Are You Actually Winning?

At the leadership team level, I always challenge teams on the true cost of their time.

The obsession with “saving money” often completely ignores the bigger financial picture – the time, energy & opportunity cost that goes into these so-called cost-cutting measures.

The $100 Lesson in Business Smarts

I recently worked with a leadership team who were pushing back on the cost of a simple piece of software to help them manage their EOS implementation.

Their argument? “It’s too expensive.”

The cost? $100 per month.

The benefit? It would save the team 2-4 hours per week.

The kicker? The average leadership team hourly cost? Around $1,000 per hour.

So, let’s break that down:

💡 Savings: 2-4 hours per week = $2,000 – $4,000 per month in leadership time saved.

💡 Investment: $100 per month.

That’s an immediate 20-40x return – and that’s before factoring in the cost of building & maintaining their own system.

A no-brainer, right? Yet, the resistance was real.

Why Do We Fall into This Trap?

It’s a classic case of penny-wise, pound-foolish.

There’s an instinctive reaction to any new expense – a knee-jerk “we can do it cheaper” mindset that completely ignores the ROI equation.

But here’s the question every leadership team needs to ask:

👉 What is the REAL cost of not investing?

It’s not just software. It’s marketing, people, systems, processes – anything that saves time, drives efficiency & improves results. Every decision in business should be measured by ROI, not just in cash terms but in time, effort & focus.

If your leadership team is burning hours on low-value, time-consuming work that could be automated or outsourced for a fraction of the cost, then you’re not saving – you’re leaking profit.

Challenge Your Thinking

Next time you or your team push back on an investment because “it’s too expensive,” take a step back & run the numbers properly.

🚀 What’s the cost of your time?

🚀 What’s the true saving in time & effort?

🚀 What’s the cost of NOT doing it?

Because, in reality, the most expensive option is often doing nothing.

And that’s a cost your business really can’t afford.

LINKS TO USEFUL STUFF

This section gives you quick access to 3 links - to articles, blogs, podcasts & stuff that will help you to create a better business & lead a better life.

Better Business and Life Resources

Article

business action

Please Share Your
Numbers

Foster transparency by sharing your business metrics.

Podcast

business action

Building Wealth Through Income

Build lasting wealth through smart income strategies.

Life Stuff

business action

Invest Your Precious Time Wisely

Learn how to make the most of your time effectively.

We are here to help you live a better life by creating a better business. We are real-life business owners with years of experience & a strong desire to make a huge difference to the lives of entrepreneurs.

If anything here resonates with you or you would like our help, then please get in contact. Just reply to this newsletter & let us know who you would like to speak to…. Or visit our webpage & contact any of our team from their own pages.

If you know someone who would benefit from reading this, then please forward it onto them. 💖

NEED HELP?

​If you’d like to learn more about any of these tools or would like to find out how I can help you achieve a better life through creating a better business, then book a free Discovery Call with me.

We’ll talk about what you want to get from your business & your life & come up with a plan to do that!

Debra Chantry-Taylor

Certified EOS Implementer | Accredited Family Business Advisor | Entrepreneurial Leadership & Business Coach | Speaker & Workshop Facilitator