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Business DIY and when to get help (Impact Improver, Volume 2, Issue 33)
More than once I've been asked to write about "outsourcing", "delegation" and other aspect of "getting help" into a speaking business. Given that this is a fairly general business topic, I hope this broadcast is as useful to owners of other small businesses, as it is to professional speakers.
Your biggest challenge Why do you believe you need some extra help? Is it because you have so much business that you can't handle it all? This would be a good reason for needing extra help. Almost every other reason is spurious and I'm afraid the (oft quoted) reason of, "because I'm so busy" is no reason at all. Busy doing what? It's an excuse and an admission of poor organisation. Sounds tough, I know (and I'm not claiming to be perfect myself, by the way - we're all on the same journey). Let me explain by going back to basics: There are only two decisions you are required to make, so far as your your business is concerned. Decisions that will add value to your business and decisions that will reduce cost. That's it, nothing else counts. It therefore follows that if these are the only two decisions, then you ought to be able to track every action taking place in your business back to a decision that either added value or reduced cost. Can you do this? If "no", stop the action, right now. If "yes", do the actions live up to the original decisions and either add value or reduce cost? If "no", stop them. This simple audit clears a lot of rubbish out of the way and frees up time for you to do stuff that either (a) adds (real) value, or (b) reduces (real) costs. Dealing with what's left Prior to setting up my own business, I worked in the IT industry for many years and consequently I'm reasonably self-sufficient from an IT perspective. That said, I no longer build my own websites. Why? Because the technology moves so fast that unless you're dealing with it every day, you'll be highly inefficient compared to an expert. I use my IT knowledge to carefully specify what I want and to check that the bids I receive are reasonable. Who do I use?
For this process to work, you have to work your butt off networking your way into some good suppliers. You also have to be prepared to pay a little over the odds on a per unit cost basis to try out new ones with small projects. Every now and then you end up kissing a frog that doesn't turn into a prince. That's life. Just make sure you never give a vital piece of work to a frog. In time you'll develop two divisions of suppliers; the princes and the frogs. The princes get the vital stuff, the frogs get stuff that needs to be done, but it's not the end of the world if they screw it up. By the way, be very careful about from whom you take recommendations, as regards potential suppliers. Always cross-reference. There are competitors out there who would happily recommend their frogs to you, just for the trouble it would cause in your business. The dominance of 'networking' in modern business is all well and good, but you have to be very clear about whom you chose to trust and why. What about on-line resources, like Elance and Onlineguru? Summary
That's it folks for this week - as usual, your comments welcomed and appreciated, particularly with reference as to what you'd like to hear about. I do get quite a few e-mails by the way, and I read them all, so please don't feel shy about getting in contact. Best wishes for the coming week. Chris Davidson
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