So you want to work less but still make more money. That’s the entrepreneurial dream. The saying goes “success doesn’t come without a little work.” And that’s true. But once you reach the success plateau, then what? Create leverage. Leverage occurs when you begin implementing systems in your business that allow you to create an environment where you can give more value to more people without working more hours.
In this moment you are in the Perfect Storm.
We all want to get there and I want to help you. So here are 5 ways of creating systems that will create leverage in your business which ultimately leads to business growth.
Automation. One of the key ways to create leverage is to create standard processes and procedures, document them and then automate them. This allows your system to work for you even when you are not around. These systems can run on auto-pilot or someone else can perform the tasks for you.
Passive Income. Generating passive income is another way to grow your business without you physically doing the work. Creating a product in a box or hiring others as affiliates allows prospects to gain access to you and your content indirectly.
Referral Partners. The best sales force you can have is an unpaid one. And the way to achieve that is through referral partners. These are the people who will rave about you to everyone they know, whether you ask them to or not. If they are a business owner, they will serve you target client in a different way then you serve them, thus avoiding competition.
Re-Purposing. Stop re-creating the wheel. Use all of you material or content in more ways than one so that you can catch the attention of more prospects. Remember different people learn differently. Just because you like reading blogs every week, doesn’t mean everyone does. Someone else may enjoy watching the videos instead or attending live events.
Mass Reproduction. By mass reproduction, I mean educating the masses about what it is that you do and how in a group setting. By sharing your content in a group environment, you put yourself in a position to serve multiple people at one time, and as a result your are not burning yourself out.
Do you currently use systems in your business? How has implementing systems helped your business? If you are not currently using systems, what areas in your business could use some systemization?
All rights reserved. © 2013