If you want to create a true business that runs successfully without you, you need to understand the three most important things you need to do - you need to systemize, automate, and outsource! There are many things that run in your business that don’t need you and you have to identify them early to be able to leverage the right resources so you can focus on high-level activities.
Watch this video to learn how you can figure out which tasks to automate and outsource and why it is important to do them!
Key Talking Points of the Episode
[00:00] Introduction
[01:08] Systemizing your business
[02:05] Automating your systems
[02:35] Outsourcing systems
[03:07] Doing a time study
Quotables
“If you do not have a business that can run without you, then you have a job by definition and by default.”
“Most businesses run between 9-11 systems in the model. If it’s a very high business model that has a lot of systems, you may have it up to 19, but statistically, it’s gonna be about 9-11.”
“You need to look at the systems, take each one, and put it in like a flow chart.”
“Once you do that, make sure that it’s actually flowing correctly, the employees know what they’re doing and that it is actually being done that way.”
“Many times, people, once they flow out their system, they realize no one is actually following it because it is your system that you created 4 years ago but you never actually communicated it with anyone else in your team.”
“Automate as much as possible or delete things. Simplicity is the key in business.”
“So you systemize it, then you automate it, then lastly, you outsource it. If you can do all those three things with all your systems, you will see that there’s a lot of things that people, even yourself are doing that are really not necessary.”
“If you wanna learn how to do this, take that task, look at all of your systems, really flow chart them out, and then you’ll see.”
“Now, if you wanna see yourself and what you’re doing and what you should not be doing, I always recommend doing a time study.”
“After one week, it will be glaring how much minimum wage activities most business owners are doing without them even realizing.”
“Outsource, leverage, pay someone else, or automate them through technology and systems, but they should not be done by you.”
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https://steverozenberg.com/
Steve shares his passion to educate the Self-Managing Landlord on how to be successful in the ‘business of Real Estate and the pitfalls to avoid. His training and topics range from Leadership, motivation, goal setting, marketing, communications, and the importance of having a checklist mindset, utilizing systemization and methodology. A real estate investor himself, Steve is an international commercial Airline Pilot, Podcast host, Motivational speaker, and Mindset Coach.
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