At this point, you have everything you need to start outsourcing to grow your business. So, let’s sum it all up before you move on to another course.
Follow the 80% Rule
In this particular course, you have learned about the 80% Rule. The 80% Rule basically tells you that, if somebody else could possibly do a task at least 80% as well as you can, then it’s definitely time to try outsourcing it.
Outsourcing is an excellent alternative to hiring an in-house team. This is especially true for businesses that are still in the lean, early stage.
It’s best to prove your business model and make it successful before spending your money on an in-house hiring spree. Global online work platforms like UPWork provide a relatively quick and easy way to hire great talent online from anywhere in the world.
By following the guidelines I set in this course, your chance of hiring a rockstar freelancer is guaranteed.
This might sound redundant but it’s important to remember that, once you find yourself spending a significant amount of time on a particular task, then that’s the perfect time to ask, “Could someone else possibly do this at least 80% as well as I could?”
In my experience, especially with virtual assistants (VA), I was surprised that it started out just below 80% during training (naturally because they’re still learning). And then, it shot up to 100% to 200%!
I found people who were WAY better than I was, and so will you!
Analyze the business and the work you do, and I bet you’ll find areas where YOU are holding your business back from greater success.
It’s a lot like finding gold!
That’s nothing to be ashamed of, guys, because this happens to all entrepreneurs – including me! Making these changes and asking these questions; documenting my processes and finding people to do these tasks for me REALLY changed things for me. I was able to grow my revenue by over 1000% in 2012! Really, it’s like finding gold and I want that for YOU, too.
With all these said, if you have any questions after going through the course, let me know in the comments. You can also submit a support ticket at [email protected]
See you in another course!