I recently conducted a survey of entrepreneurs who are still doing everything themselves. I discovered that the #1 reason why entrepreneurs hold back from investing in support is they still believe that the cost to build a team is greater than the potential revenue growth.
Well that's just baloney!
In my experience, the fastest, most direct path to making more money is getting things done with speed. And if you are trying to get everything done yourself, well, then it's just not all going to get done is it? So what suffers? Your income!
I've made it my mission this month to help everyone discover the 9 Simple Virtual Team Outsourcing Tips to Make More Money in Record Time. I'll share them with you here and I hope you will pass it on to others who really need to discover how profitable it can be to outsource and delegate!
1. Follow Up And Thank You Cards. Do you have a stack of business cards that you never followed up with? Delegating the follow up to a Virtual Assistant can not only save you time but ensure that your prospects have a higher likelihood of actually becoming clients!
2. Setting Up Products On Other Sites. If you have products, books, audio programs then hire an assistant to post your marketing materials on 3rd party sites.
3. Affiliate Management. Affiliates are a great marketing strategy, but can be overwhelming if you are managing it yourself. Train a Virtual Assistant (or find one who is a specialist for a bit more) and watch the $$ roll in.
4. Email Blasts. 50% of my income is generated from every email blast that goes out. Why not have a team member create and manage your email blast campaigns for you?
5. Blogging & Social Networking. This latest craze deserves attention, but keeping up with it can be time consuming. Hire an intern, trainee or low-cost blogging expert to keep up with this marketing technique. If done properly, it works!
6. Event Announcements. Getting your events posted on all the sites for increased visibility can take a lot of time. The benefits are increasing your list size and potential sales. Train your Virtual Assistant to post your marketing materials on these sites and watch your #'s go up!
7. Speaker & Teleclass Bookings. Do you have time to contact all the potential speaking gigs out there? Probably not, but your virtual assistant can. Increase your bookings by allowing someone on your team to make the connections for you.
8. Product Fulfillment. Get a 3rd party company to take over shipping your products. Use a company like Vervante. Your customer service ratings will go up, and so will your sales!
9. Bookkeeping. Believe it or not, outsourcing your bookkeeping actually makes you money. First, you aren't making money while you are updating your bank records. Second, most of us make tons of mistakes costing us lots of money.
Did you get some great ideas here? If you put just one of these money-making opportunities into place this month, imagine how much more you can accomplish! If you are just getting started, you might want to test the waters with just one delegate task. Once you see how quickly it pays off, you will want to outsource more. Good luck!
Melanie Benson Strick, Million Dollar Lifestyle Business Coach & Virtual Team Building Expert, teaches business marketing strategy
business ideas and entrepreneurs how to stop feeling overwhelmed so they can create more money, freedom and prestige.