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Avoid the mistakes of over extending your resources on your way to becoming the Lazy Entrepreneur
Manage episode 353828813 series 2920453
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You could stumble before you start on your business improvement strategy unless you take the time to be very clear on your strategy.
Mistakes at this early stage become a huge expense later on.
As the leader of your team, they are relying upon you to be very clear on the direction. The biggest mistake that business owners make is thinking they have to do this all on their own.
So the planning of resources is essential to the success of the project.
The things that need to be looked at are the internal, external, financial, and management resources available to be used.
And when and who to use is the critical step. Again, a common mistake is to try to make too many changes all at once. Unless the business is about to go under financially, you have time on your side.
Pick an important but not urgent priority and use this as the initial milestone target.
You’ll need to list all the other priorities, but in the beginning, focus on a laser-focused short-term outcome.
Follow the thinking process in this podcast and have the confidence to know your plan will succeed.
Kapitler
1. Avoid the mistakes of over extending your resources on your way to becoming the Lazy Entrepreneur (00:00:00)
2. Resource Allocation - First steps (00:00:59)
3. Internal Resource Assessment (00:05:00)
4. External Resources (00:06:50)
5. Financial Resource Assessment (00:11:34)
6. Allocating the Management Team (00:15:02)
7. $40,000 Bonus Offer (00:19:06)
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