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Tuesday, 26 February 2008

Save Yourself Time and Effort – Outsource

I am a great believer in concentrating on what you are good at. I meet many people, particularly the owners of small and start-up businesses, who take on all the tasks of running a business themselves. It can be tempting to do that, especially when you are starting out and money might be tight. I very much believe in building up a team of trusted advisers and associates to add value to my business. Those people I outsource to save me time, money and effort. It means I can focus on my business and what I do best – servicing my clients.

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Monday, 18 February 2008

Planning is an important part of business but too much can be dangerous

Of course, I’m not saying that you should be reckless. I had been thinking about expanding my business for some time – to offer training and mentoring services to Virtual Assistants. I knew there was a demand but it seemed like a huge step. Interestingly, the decision was largely taken out of my hands with the increasing number of people enquiring about whether I could help them in that way. As a result I produced promotional materials and quickly signed up people for a training course before I had written the course materials. Certainly, if I had planned out every last detail it would have delayed me in offering something to the market – sometimes you just have to do it.

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Anonymous Graphic Design Blog said...

I think that just 'doing it' when the moment and indeed opportunity arises isn't necessarily a bad thing.

Of course 'doing it' should be tempered by some sort of reasoned consideration before you go ahead but not every business decision needs extensive planning/business plan.

I started my business over five years ago...no business plan at all, and I've never really properly planned any business decision I've made, yet I have a highly successful business.

Sometimes the best laid plans can go wrong and whilst planning can be useful, I also think that the ability to adapt to suit changing and developing markets is vital.

In business, especially with technology racing ahead as it is, one cannot spend too long idling over plans whilst one's competitors surge ahead.

18 February 2008 22:41  

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Monday, 4 February 2008

Planning is an important part of business but too much can be dangerous

Of course, I’m not saying that you should be reckless. I had been thinking about expanding my business for some time – to offer training and mentoring services to Virtual Assistants. I knew there was a demand but it seemed like a huge step. Interestingly, the decision was largely taken out of my hands with the increasing number of people enquiring about whether I could help them in that way. As a result I produced promotional materials and quickly signed up people for a training course before I had written the course materials. Certainly, if I had planned out every last detail it would have delayed me in offering something to the market – sometimes you just have to do it.

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