Yesterday I posted about my dreamline, today I’ll be talking more about implementation.
Not everything in life is a simple mathematic equation, but that always gives me a good place to start. It prevents me from running around in circles chasing my tail.
Yesterday I determined that in order to live the life that I wanted, I needed to make about $350 a day to do it. For some reason that actually excited me a little.. I think for a long time, I have been unable to get myself motivated because I had no ACTUAL goal. I had plenty of “I want to insert random thing here” type goals, but nothing tangible. Nothing to measure against.
Now, I know every day when I do or don’t hit my goal. Did I make $350 today? Yes, good. No, try harder!
So, as I tried to fall asleep last night, I couldn’t help but sit there and think of ways to make this happen. I thought about all of the things that I’m doing currently and how much effort those are taking, then figured into that how much money each task is making me and realized that if I continue on the same path there is no way that I’ll ever get ahead.
I realized that….
I AM MY BUSINESS’ BIGGEST BOTTLENECK
Wrap your head around that real quick.
Okay, that’s enough..
Problem solved right? Well, not exactly, but I’ve got a starting point to a solution at least. So, what was my brilliant idea for stopping the run-around?
Outsourcing.
Note that I said outsourcing, and NOT hiring employees. This is very important for a couple of reasons.
- Employees cost money
Health insurance, tax matching, idle time, and all kinds of other overhead… Yuck.
- Outsourcers get paid for a specific task
No overhead. Pay them for the task and move on.. this doesn’t stop you from building solid relationships with people that will do work for you over and over, however. See, many outsourcers are also entrepreneuers and thus they understand that productivity is what pays. They don’t have the dollar per hour mentality because it’s only their own time that they’re wasting. I love it.
It really is as simple as that. I’ve added scalability to my business model now. And as every successful entrepreneur knows, scalability is what sets small earning businesses apart from large earning businesses.
The next logical question is how I plan to get to the $350/day mark, and that answer is relatively simple for me since I know my stats. I know that in order for me to make $20, it takes one article, or one video, or one review page, or insert task here. It’s pretty consistent. So, in order for me to make $350/day, I need to write 17.5 articles per day, or make 17.5 videos, or write 17.5 reviews, or any combination of the former.
But why would I do that? I can just…….
Outsource them and calculate the cost per task into my formula to reach my goal.
But where do you find good help?! I’ll cover that tomorrow