2010 Resolutions and Business Best Practices
Submitted by Nick on January 4, 2010 – 9:57 am2 Comments
- Depend more on project management, not on shoot-from-the-hip ‘what I feel like doing today’ mentality. If I’m going to manage my time and the time of others, I need better documentation, planning, and work breakdown.
- Cost technology on a per-year basis, not on a per-project basis. This year I will buy tools & technology that are reusable for future projects throughout the year.
- I WILL do my accounting on a monthly basis, not year-end basis.
- I will create checklists for any redundant process I do, for the purposes of outsourcing that work once it becomes justified. I will document the exact detail of each process, which will take more time initially, but will cut the training time of any new outsourcer.
- I will outsource whenever possible.
- I will automate whenever possible.
- I will treat each campaign like a poker hand, if the pot odds aren’t there, even after I’m well committed, I’m getting out and immediately thinking of the next deal.
- I will not waste time on deals or projects involving people who have great ideas, but no technical knowledge or capital to execute the idea.
- I will work more hours, but take more vacations.
- I will move to a climate that allows me to work in comfort year-round.
- I will complete a project plan BEFORE I buy any domains. No longer will I have a massive portfolio of never-started or never-completed domains and projects. If the project plan isn’t completed, no other expense for the project will be incurred.
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AUTOMASHUN!
I definitely need to adhere to the “outsource whenever possible’. Although all of your tips are great. This is what I will be focusing on this especially this year. You cannot do it alone!