As mentioned above, I would suggest outsourcing any mundane tasks that will free up your time. Your time can then be spent on other, more productive tasks, or on something non-business related. Think about what you could do with five or more hours extra every week!
One very effective way to decide on tasks to outsource to a VA is to record what you’re working on every 15 minutes for a week. At the end of the week, review where you have spent your time and ask yourself the question… Do I need to be doing this task myself? You’ll also be surprised at how much time you’re spending on certain activities.