Are you efficient, effective, or efficiently effective? As you are focused on getting things done efficiently you may be making very quick decisions. You rapidly move through tasks and check things off your To-Do list one, two, three. You look productive because there is activity, your list is full of check marks or strikeouts showing completion, and your calendar shows meetings. That To-Do list isn’t too long and overwhelming because you’re on it. The question is:
Are doing the right things? The key to effectiveness is that you’re doing things that lead to results in the realm of your responsibilities. Meanwhile the key to efficiency is getting your things done in a manner that consumes just the appropriate amount of energy and resources.
Examining efficiency in automobiles: a fuel efficient vehicle gets more miles to the gallon. A car with a mile per gallon (mpg) rating of 50, like a Toyota Prius, is thought to be a mighty efficient car. And it is. However, a Prius wouldn’t always be an effective car. For example, if you had to pull a trailer loaded with your favorite outdoor toy; a camper, a power boat, or a fleet of motorcycles, a Prius probably doesn’t have the horsepower to pull the trailer. It might not even move away from the parking spot. It’s effectiveness in the specific application is low or null.
Personal efficiency is related to the systems that you have in place – the things that allow you to accomplish the most easily. Some characteristics of people who are efficient are:
You are organized. You can find things quickly.
You know how to use the tools on your computer to the nth degree
You write readable and actionable emails
Your meetings are well run
You process all the expense reports turned in to you at one time and on a regular schedule (for example)
You know how to work well with your assistant
Personal effectiveness is closely related to education, experience, and expertise. Your effectiveness is supported by personal efficiency but it’s not the same thing. Education, experience and expertise are the things that give you the ability to meet the goals you have. If you are accomplishing goals that are not your goals continually – you are not being effective. You are being active but not effective. Examples of effectiveness are:
Meeting deadlines for reports or other contributions
Earning the amount you target
Taking the personal time you desire
Leading your team to define and execute a project
Let’s briefly view the elements of education, experience and expertise as they contribute to your effectiveness.
Education is formal education in college, high school or other institutions. It is also tutoring you receive from a mentor or boss. Education comes from those classes you add to your work week such as Negotiation Skills or Managing a Team workshops. Education is advanced as you read and learn independently.
Experience and expertise are the accumulation understanding, savvy and wisdom resulting from involvement and history. Seeing how things are done and hearing evaluations of actions and decisions yields experience. Finding and remedying mistakes is often the fastest path to expertise. Those things that lead you to think, “I’ll never do that again,” yield loads of experience and expertise.
Efficiency and Effectiveness are different and combined lead to an unstoppable result orientation which feeds success. See how you can find more of each then watch where you go from there!
Most people want a few more dollars in their wallets. But between an employer and family, the time most of us can devote to a second job is severely limited. Running a small side business can provide a few more options: you don’t have to show up at a set time and you can use skills you already have. Not all will be perfect for everyone, of course, and I’m sure that you’ll have a few ideas of your own after reading this list. If you’d like to share any other business ideas, please add them in the comments.
Selling collectibles — From antique books to teddy bears, there are plenty of opportunities to buy and sell collectibles. It’s important to familiarize yourself with the collectible of your choice but if you choose something that you’ve been collecting for a while, you’ve got a head start.
Locating apartments — It can take time to sort through apartment listings, but you can make some money by finding the perfect apartment for a renter.
Baby proofing — New parents often prefer to bring in an expert to make sure their home is safe for a new baby.
Calligraphic writing — If you’ve got elegant handwriting, you can pick up gigs writing or addressing wedding invitations, holiday cards and more.
Selling coupons — Search on eBay for coupons right now and you’ll see thousands of listings for coupons. It’s just a matter of clipping and listing what you find in your Sunday newspaper.
Pet training — A surprising number of people don’t know where to start in training a pet. Even teaching Rover simple commands like ‘Sit’ and ‘Stay’ can bring in a few dollars.
Running errands — A wide variety of people want to outsource their errands, from those folks who aren’t able to leave their homes easily to those who have a busy schedule.
Researching family trees — Amateur genealogists often call in experts, especially to handle research that has to be done in person in a far off place. If you’re willing to go to a local church and copy a few records, you can handle many family tree research requests.
Supplying firewood — The prerequisite for selling firewood is having a source of wood; if you’ve got some land where you can cut down a few trees, you’ve got a head start.
Hauling — As more people trade in their SUVs for compact cars, hauling is becoming more important: people have to rent a truck or hire a hauler for even small loads.
Image consulting — Image consultants provide a wide variety of services, ranging from offering advice on appearance to teaching etiquette.
Menu planning — For many people, the trip up in eating home-cooked or healthy meals is knowing what to prepare. Meal planners set a schedule to solve certain dietary problems.
Microfarming — Cultivating food and flowers on small plots of land allows you to sell produce easily.
Offering notary public services — Notary publics can witness and authenticate documents: a service needed for all sorts of official documents.
Teaching music — If you’re skilled with a musical instrument, you can earn money by offering lessons.
Mystery shopping — Mystery shoppers check the conditions and service at a store and report back to the store’s higher-ups.
Offering research services — Just by reading up on a topic and compiling a report on it can earn you money.
Personal shopping — Personal shoppers typically select gifts, apparel and other products for clients, helping them save time.
Pet breeding — Purebred pets can be quite value, especially if you can verify their pedigree.
Removing snow — During the winter months, shoveling walks can still be a reliable way to earn money. You might be asked to take care of the driveway too.
Utility auditing — As people become environmentally-concious, they want to know just how efficient their homes are. With some simple testing, you can tell them.
Offering web hosting services — Providing server space can be lucrative, particularly if you can provide tech support to your clients.
Cutting lawns — An old standby, cutting lawns and other landscaping services can provide a second income in the summer.
Auctioning items on eBay — Want to get rid of all your old stuff? Stick it up on eBay and auction it off.
Babysitting — Child care of all kinds, from babysitting to nannying, can offer constant opportunities.
Freelance writing — If you’ve got the skills to write clearly, you can sell your pen for everything from blogs to advertising copy.
Selling blog and website themes — Do a little designing on the side? Customers that don’t want to pay full price for a website will often pay for a template or theme.
Offering computer help — Particularly with people new to computers, you can earn money by providing in-home computer help.
Designing websites — It may require a little skilled effort, but designing websites remains a reliable source of income.
Selling stock photography — For shutterbugs, an easy way to put a photography collection to work is to post it to a stock photography site.
Freelance designing — Check with local businesses: you can provide brochures, business cards and other design work and get paid a good fee.
Tutoring — Math and languages reamin the easiest subjects to find tutoring gigs for, but there is demand for other fields as well.
Housesitting / petsitting — Stopping in to check on a house or pet can earn you some money, and maybe even a place to stay.
Building niche websites — If you can put together a site on a very specific topic, you can put targeted ads on it and make money quickly.
Translating — The variety of translating work available is huge: written word, on the spot and more is easy to find even on a part-time basis.
Creating custom crafts — No matter what kind of crafts you make, there’s likely a market for it. Etsy remains one of the easiest places to sell crafts.
Setting up a wi-fi hotspot — With a little bit of equipment, you can set up a wi-fi hotspot and charge your neighbors for the access they’ve been ‘borrowing.’
Selling an e-book — You can write an e-book about almost anything and put it up for sale online.
Affiliate marketing — If you’re willing to market other companies’ products, you can earn a cut of the sales.
Renting out your spare room — From looking for a long-term roommate to listing your guest room on couch surfing sites, that spare room can make you money.
Offering handy man services — Handling small household tasks can provide you with plenty of work, although you’ll probably be expected to have your own tools.
Teaching an online class — Share your expertise through a website, an online seminar or variety of other methods.
Building furniture — For those with the skill to create handmade furniture, selling their creations is often just a matter of advertising.
Providing personal chef services — Personal chefs prepare meals ahead of time for customers, leaving their customers with a full freezer and no mess.
Event planning — From planning corporate events to bar mitzvahs, an event planning business can require plenty of work and offer plenty of pay.
Installing home safety products — Particularly as Baby Boomers age, people able to install handrails and other home safety products are in demand.
Altering / tailoring — If your sewing skills are up to par, altering garments is coming back as people try to stretch more wear out of their clothing.
Offering in-home beauty services — Hair cuts, makeup and other beauty services that can be performed at home have a growing demand.
Business coaching — Helping others to establish and develop their businesses can provide many opportunities to earn money.
Writing resumes — Writing resumes can provide a reliable income, especially if you can put a polish on a client’s credentials.
There are plenty of offers that claim to provide you with the opportunity to make thousands of dollars a week. Unfortunately, none of these businesses will provide that sort of income, but they aren’t scams either. They were chosen because they all require a minimum investment to get started — some require nothing more than a flyer advertising your business. Even better, if you do enjoy any of these businesses, there is a potential with most of them to continue to expand — perhaps even to the point of going full time.