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Improve Your Bottom-line by Outsourcing

Guest post by: Kerri Salls

Article Overview: You are a busy business owner who wears many hats in your business, right? How many hats are you wearing today? Are you the only person who can do all those tasks, wear all those hats? Or is it out of habit that you do? Or maybe you’ve never considered which of those tasks could be done by someone else.

Improve Your Bottom-line by Outsourcing

You are a busy business owner who wears many hats in your business, right? How many hats are you wearing today? Are you the only person who can do all those tasks, wear all those hats? Or is it out of habit that you do? Or maybe you’ve never considered which of those tasks could be done by someone else.

If you were to consider outsourcing, wouldn’t you want a pretty good guarantee of what results you could expect?

Here’s the statistic that Alex Mandossian gave last week:

“You can double your income and reduce your stress by one-third by the end of the year when you start outsourcing.”

Is that a good incentive? I think so.

Excuses

Why don’t we outsource all those other tasks already? For the same reasons our businesses aren’t growing:

1. Poor planning. – we just don’t plan ahead to let others do the work
2. Poor preparation. – we aren’t organized enough to assign work to someone else.
3. 'I can do it myself' syndrome. – we insist on doing everything ourselves, even if someone else could do it better, faster, cheaper.
4. No systems and procedures in place. – we have not set up the business as a business with operational procedures in place for someone else to follow.

Roadblocks

We even make it harder on ourselves. We put roadblocks in our own way to stop us from outsourcing! We convince ourselves that:

1. We don’t have enough time to train outsourcing people

2. We don’t have enough money to pay an outsourcing partner

But both of those roadblocks will resolve themselves when we take care of the third roadblock. The third roadblock is that

3. We have not developed a Criteria Sheet of what we want each outsourcing partner to do for us! Here’s how T Harv Eker puts it:

“People don’t get what they want because they don’t know what they want”.

Strategies to resolve these roadblocks

Here’s your quick action plan to start outsourcing today:

1. Clarify why outsourcing is a requirement for your business. For example: Maybe, you want to reduce your long hours. Maybe you need someone who loves numbers to balance the books each week. Maybe you need an IT service to maintain your computers and update software. Or maybe, you need to get some repeatable processes off your plate.



2. Confirm what part you want to outsource first. I recommend starting with something easy, like bookkeeping. Build up to the big tasks you really want to offload.



3. Commit to the time it will take to train them to complete the outsourcing tasks. Take it step by step, one piece at a time. Of course they’ll make mistakes out of ignorance. But once you train them well; train them to do things your way; and document your processes for them to repeat; then miracles will happen.

Miracles

When you outsource, here are just a few of the miracles you’ll realize in your business:

1. You will have more time to do what you do best.

2. You will have flexibility and therefore choices in what you do and when.

3. You will be more creative and a better problem solver.

4. You can plan your time better and take more time off – think what that does for your family, your personal life!

As a result: You’ll make more money by doing less. That’s the bottom line.

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Article Tags: automate, delegate, operations, outsourcing, planning, preparation, procedures, process, structure, systems



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