One of the biggest mistakes most real estate investors make, it waiting too long to outsource. I know I was guilty of this.
Let’s face it: one person cannot do everything. We need help if our businesses are to grow and thrive! In fact I would go so far as to say “outsource or die”.
So what do you do if you can’t hire an employee right out of the box (which by the way most people can’t do)? You need to look at outsourcing sooner rather than later. Plan to start small, but make a plan now and get started.
Solopreneurs Are a Lonely Bunch
Successful businesses are rarely ones that are “solopreneurs” forever. My goal with these upcoming posts is to make it easier for you to “let go” of some of the work, and to show you that it can be very affordable. Remember that you have to create a plan and just take baby steps toward your goal. You won’t get there without a plan, so make that your first step.
Which Comes First?
One question that I have been asked is which comes first?
Creating the work for a VA so that I can grow my business faster, or waiting to hire someone until I have grown my business and I am swamped? Most folks with choose the second option. They will try to do it all until they feel like they are drowning. Hello; this is the “voice of experience” speaking.
I would like to propose to you that it should actually be the first option. Outsource something early on that will create leads and revenue for your business. This is probably the time to point out that it’s much easier to create these systems and procedures when you are not so busy.
But… I Can’t Afford It.
Yes you can.
You can get a quality virtual assistant for $3 or $4 per hour, and I will go into that as we put together your plan. You can also find local folks to help out such as college students and stay at home moms.
I Don’t Know Where to Start
Over the course of the next few weeks, you can look for a post from me each week that will help you put together a plan for your business. This is important because no two real estate businesses are alike. The plan you create for your business will be unique to your particular situation.
We will cover all the pieces to the puzzle such as:
- Where do I find someone?
- How much will it cost?
- Which tasks should I outsource?
- How to create procedures ONCE that you can use over and over again
- What is a task package and why do I need one?
- How to create simple training videos in 15 minutes or less for your VA
- And much, much more
If you have specific questions along the way, just leave me a message in the comments section of the blog and I will answer them.
If you know someone that could benefit from this series, be sure to let them know. See you next Tuesday.
If you haven’t already subscribed, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want 2013 to be your best year ever! And if you enjoyed this article, please share it.