The Money Podcast
STOP Doing £7 Tasks do These 7 FIGURE Ones Instead (21 of them)
Wednesday, 28 April
Ever heard of the saying ‘work smart not hard?’ join Rob as he tells you how you can work even smarter if you STOP doing these 21 low income generating tasks which will stop you from maximising your profits. Rob discusses how important it is to create new partnerships regularly, how to spot the new trends and how you can create regular recurring income.
So many people end up distracting themselves from doing income generating tasks. One of the worst ways to do this is by doing active procrastination. Don’t work hard by spending your time doing menial, non-income generating tasks.
Create new partnerships and collaborations. Finding these new partnerships is not hard work, it is socialising and networking to build up relationships in business.
Find the new trend, what is the new product that everyone wants? What is up and coming in media or social media? Where are the new opportunities? Every 18 months to 2 years new trends will appear and it is your job to find it. If you are doing menial admin tasks, you will not have time to find them.
Hire great talent, build an amazing team, manage your senior managers and train your team to focus on the key result areas. Stop working too hard on yourself and work hard on them. Be an acquirer of great talent, a builder of great teams.
The founder of your company needs to keep moving to higher levels of strategy. They need to keep working on their vision, mission and global scale and growth. Anything cascaded down into your team. The more strategic you become, the more operational you become which means you can get more operations done through your team and not through you.
Get great mentors. Stand on the shoulders of giants, leverage the experience of others, get specialists who can train you in niche areas such as marketing, sales, recruitment and management.
Create recurring income. If you have to keep selling items singularly you will use up a lot of time, energy and resources. Get recurring income through payment plans or membership sites etc then you can build big income streams as well as getting a multiplier of IPO in the future.
“If you are going to procrastinate, do it in style..go to the beach!”
“Marketing is getting people in the shop in the first place, you could argue that is more important.”
“Love your customers. Nurture your customers.”
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
Rob’s official website: https://robmoore.com/
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