In the second part of our “Creating an Outsourcing Master Plan for Your Business” series, we are going to focus on the big question everyone has when they are first contemplating outsourcing. That question is “How do I figure out what to outsource”?
Figuring out what to outsource is one of the first things that real estate investors get hung up on, but I think the answer to this question is really pretty simple. I believe that it should be something that at least has the potential to generate income for your business. Since money is the number one reason we don’t outsource early in our businesses, it’s not unreasonable to want to outsource something that will bring us income or leads that have the potential to generate revenue.
Sit down and write down every single thing that you do in your business.
Look at all of those tasks whether they are daily, weekly, monthly or even occasionally. You want to be sure everything gets on your list. Once you think you have everything written down, the next thing is to separate them into two lists; tasks that have the potential to generate leads or income, and those tasks that aren’t directly revenue producing activities. Read the rest of this entry →