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20 October 2018 by Tim Dodd

Stay Sane & Remain Solvent Whilst Growing

We all have only 24 hours a day to work with and some of that time needs to be spent sleeping, eating and doing something other than work. That means time is our only truly limited resource.

You are probably starting out doing everything yourself when it comes to your business. You’re the business mastermind, the content creator, tech guy and customer support. That’s all good and well when you’re first starting out, but as your business grows, you’ll get to the point where there just aren’t enough hours in the day to do it all. That’s when you know it’s time to start outsourcing.

Start Slow and Stay Profitable

Don’t feel like you have to outsource everything all at once. Instead start with one task or one particular part of your business. If making graphics isn’t your strong suit, it may be a good place to start. Or maybe you want to outsource customer service to leave you with more time for product creation.

The key is to start small. Pick one little project and find someone to do it for you. You can ask peers for recommendations, or look on websites like ODesk or even Fiverr. Usually graphic designers, web designers, writers and VAs that come recommended by others will work out best.

Again, start with one little project and see how things go. Be prepared to be patient in the beginning. It will take some time and feedback for the other person to get an idea of what you want.

Build Your Team

Once you get that first person trained, start expanding and building our team as funds allow. Think about what skills you want to outsource and what your team should look like. As you find people you enjoy working with, do what you can to keep them on board. That means sending them work regularly and paying promptly.

Do that along with being kind and it won’t take you long to build a team that’s knowledgeable and loyal. Spend the time your team is saving you on expanding your business. You want to make sure you can pay them well and still stay profitable.

Only Do What You Love & Outsource The Rest

Your end goal should be to only work on the things you enjoy working on, or those tasks crucial to business expansion. In other words, work on what you love to do and outsource the rest. Not only will this leave you plenty of time to focus on money making tasks, it also makes sure you continue to love what you do.

Filed Under: Blog Post, Business Productivity Tagged With: Business Productivity

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Tim Dodd

Tim is a UK qualified Chartered Accountant who has, for the last 20+ years off and on, been working as a specialist client relationship management software consultant to firms of accountants. This means that he fully understands how to and more importantly, what it takes to specify, install, implement and roll-out key, business critical systems for very demanding clients. [Read More …]

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