Outsourcing

645: The Leverage Equation: Entrepreneurial Time Management, Productivity, and Communication with Financial Mentor Todd Tresidder

June 10, 2019

Todd Tresidder graduated from the University of California at Davis with a B.A. in economics and a passion for creating successful businesses. A serial entrepreneur since childhood, Todd went on to build his own wealth as a hedge fund investment manager before “retiring” at 35. He grew his net worth from less than zero at 23 to the point of financial independence just 12 years later.

Todd has maintained his wealth by remaining an active investor and utilizing statistical and mathematical risk management systems for investing. Through his website at FinancialMentor.com, he teaches advanced investing and advanced retirement planning principles. Take the next step beyond conventional financial advice and discover what works, what doesn’t, and why, based on years of proven experience.

Quotes

“There's going to be a wave in the future where people realize the price of being constantly plugged in, both in terms of happiness and in terms of the deep productivity that actually moves your business and life forward.” - Todd Tresidder

“The way you succeed is by matching the characteristics of the asset class to the unique characteristics of your life, your time frame, your goals, the skills you bring, and the resources you bring. All those things make you unique.” - Todd Tresidder

“You've got to have a clear plan, then execute it with persistence and consistency, and you'll produce results.” - Todd Tresidder

Takeaways

04:02 Limit digital distractions by keeping smartphone apps minimal and purposeful.

16:36 Wealth building requires understanding multiple asset classes beyond traditional financial planning.

19:37 Matching personal skills and goals to specific investment strategies creates more effective wealth-building approaches.

23:42 Breaking through business obstacles involves identifying specific resource limitations and finding creative solutions.

28:37 Successful entrepreneurs focus on critical tasks that directly impact business growth.

Resources

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637: Hire a Full-Time Assistant in the Philippines: Outsource Forum Posting, Programming, Graphic Design, Customer Support and More with John Jonas

May 7, 2019

John Jonas has helped thousands of entrepreneurs succeed in their business by doing outsourcing differently. He created and runs OnlineJobs.ph, the largest website for finding Filipino virtual workers, with over half a million Filipino resumes and hundreds of thousands of employers from around the world using it. He works about 17 hours per week, choosing to spend his time with his family rather than working.

Quotes

“The thing that really changes people is that there's outsourcing that people know and don't care about because it's kind of subpar. However, there's a different approach that most people aren't aware of. When I stumbled upon it 15 years ago, it changed my life.” - John Jonas

“Once you have this person, you're teaching them more and more. As things start to connect and click with them, you'll need to spend less time with them, and they'll become more capable.” - John Jonas

“The biggest cultural issue you'll run into is that Filipinos want to make you happy. It's an inherent cultural trait, but they also describe themselves as shy. When they say 'we're shy,' it's really about not wanting to lose face.” - John Jonas

Takeaways

06:04 The real breakthrough in outsourcing comes from committing to a full-time worker, even when you're unsure if you can keep them consistently busy.

12:13 Training employees takes time, but creates long-term value and loyalty that outweighs initial investment.

18:32 Hiring full-time workers from the Philippines can dramatically reduce your workload and increase business efficiency.

22:27 Outsourcing works best when you choose tasks you already know how to do, allowing you to teach and transfer skills effectively.

26:10 Cultural understanding is critical when working with international teams, especially recognizing communication patterns and expectations.

32:50 The goal of outsourcing is to buy back your time and shift from working in your business to working on your business.

Resources

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615: ClickUp: Be More Productive, Save Time, and Get More Out of Your Team Using Project Management Software with Zeb Evans

November 26, 2018

Zeb Evans is a serial entrepreneur that's started several software companies with over $50 million in revenue. Currently, he's founder and CEO at ClickUp, a productivity platform where people plan their work.

Quotes:                                                                                                                                   

“That was the problem that I wanted to solve. I wanted to be able to know where to put tasks, I wanted to be able to know where to find tasks, and most importantly, know what people are working on without having to switch between five different applications.” – Zeb Evans

“From the beginning, I had always known that I wanted to build a platform that was customizable for everybody. But we stuck with it and we really were successful in being able to do that.” - Zeb Evans

“Don't create things out of other people's frustration. Create things out of your own frustrations, your own problems that you see. Because that's the only way to really solve it in a great, outstanding way.” - Zeb Evans

Takeaways:

02:26 Project management software can dramatically increase team productivity by creating clear accountability and a single source of truth.

09:54 A great productivity tool should be flexible enough to work for simple and complex team needs.

17:40 Building software that solves your own problems leads to more authentic and effective solutions.

20:49 Releasing frequent product updates keeps users engaged and helps differentiate from slower-moving competitors.

25:12 Hiring too quickly can create organizational problems, so it's better to grow team size carefully and intentionally.

Resources

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577: Work Hero: Stratch Your Own Itch, Innovate When There Is No Other Option, Be Persistent and Create Freedom with Kevin Koskella

July 27, 2018

Kevin Koskella from Work Hero is an online entrepreneur and digital nomad. He decided he wanted to be free of the corporate world when he lost his job after the dot com bubble burst.
With a history of competitive swimming, he returned to the water and started doing part time work as a swim instructor and personal trainer. In 2005, he turned Tri Swim Coach, his business teaching swimmers to become triathletes, into a full time, location independent, online business.

Today he works with entrepreneurs around what he teaches triathletes: you need experts so you can be the most successful. That’s why in 2017, Kevin founded Work Hero, a service that helps online entrepreneurs by accomplishing their design and technical tasks so they have the freedom to focus on the work they do best. For a flat monthly rate, teams of experts focus on the annoying and technical tasks that business owners should not have to deal with.

Quotes:                                                                                                                                   

“I look at the options and decide that the only thing I truly want is to have a business that offers some level of freedom.” – Kevin Koskella

“If you have all day to complete a task, you end up being less productive because you think you have 8-10 hours, allowing you to spread the work out.” - Kevin Koskella

“Starting something on the side might be overwhelming when you're working eight or nine hours a day at a company, but it can push you to focus and avoid wasting time.” - Kevin Koskella

Takeaways:

05:14 Breaking down complex projects into smaller, manageable tasks helps overcome overwhelming challenges in business.

11:31 Creating a minimum viable product and gradually improving it is a smart strategy for entrepreneurs.

19:43 Persistence and patience are crucial when transitioning between different business models or product types.

22:06 Personal frustration with corporate work can be a powerful motivator for building your own business.

27:17 Starting a business on the side while working a full-time job can be an effective way to build momentum and learn without financial risk.

Resources

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548: Get More Momentum, Increase Your Revenue, and Grow Your Business Through Delegating with Audrey Isbell

May 29, 2018

Audrey Isbell from AVA Virtual Assistance is an International Speaker, and Author of "100 Simple Truths all Virtual Assistants Should Know". She is a Certified QuickBooks ProAdvisor, Certified in Social Marketing and valued for her business consulting and project management contributions made to business owners and entrepreneurs across the country.

In today's episode, Audrey talks about why your business needs to scale (and speed up) using a virtual assistant. She also goes into detail about the types of virtual assistants you should look into (generalists vs. specialists) as well as how you can make money becoming a virtual assistant if that business path suits you.

Resources

Podcast: Play in new window | Download (Duration: 45:57 — 42.1MB) | Embed

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521: Build, Then Hire: Get Messy Early, Delegate, Invest Ahead of Your Business, and Find Future Clients with Leslie Hassler

March 28, 2018

After creating, losing and rebuilding her own businesses, Leslie Hassler of Your Biz Rules now guides women business owners to bounce back from burn out, reignite growth in their businesses, and rekindle their passion for their business.

With Leslie’s ability to simplify the complex process of building a business, you’ll make more progress working with Leslie than you ever did on your own. The strategies and techniques that her clients implement creates 30% to 200% growth – not just this year, but year after year.

Leslie is the host of Coaching From The Carpool and appears on the Top 100 Business Coaching Blogs on the Web debuting at #41. She recently launched her first book First This, Then That: The Rules To Getting Growth Right In Your Service Based Business and is here to talk about delegating on Upwork, Fiverr, and locally -- so that you can get messy early, avoid reactive decision making, and think ahead in your business.

Resources

Podcast: Play in new window | Download (Duration: 33:23 — 30.6MB) | Embed

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434: Virtual Assistant Secrets: Focus on Growing Your Business and Build a Team That Runs on Autopilot with Andrea Rozman

November 3, 2017

Andrea Rozman from Your Gal Friday stepped out of the corporate IT and project management world ten years ago, and into small business where she works with people from all backgrounds – lawyers, digital marketers, business coaches, investment bankers and more. Andrea and her team of virtual assistants help relieve the stress of business ownership by doing all the odds and ends tasks needed so entrepreneurs and small business owners can focus on growing their businesses.

Visit Your Gal Friday

Podcast: Play in new window | Download (Duration: 32:40 — 29.9MB) | Embed

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184: Time Really is Money: Scale Your Business to $5,000 Per Hour with Rob Slee

November 18, 2016
rob-slee

Rob Slee, author of Time Really is Money, wants to help you scale to a:

  • $50/hour business (where you are the value proposition)
  • $500/hour (where you manage employees)
  • $5000/hour (where you only deal with the culture, niches, and business model)
  • $50k/hour (changing industries)
  • $5m/hour (changing the world)

Podcast: Play in new window | Download (Duration: 24:10 — 22.1MB) | Embed

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183: Scale, Build Your Team, and Outsource Remote Workers with Nathan Hirsch

November 17, 2016

 

Nathan Hirsch from Freeeup.com has several insights about outsourcing your team in the departments of biz-opp, e-commerce, marketing, and web development. Nathan began his entrepeneurial journey wiht a business that re-sold textbooks, and has since branched out to supplying workers for e-commerce businesses.

Visit the Freeeup Marketplace Page on Facebook

Podcast: Play in new window | Download (Duration: 27:13 — 24.9MB) | Embed

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