After interviewing hundreds of entrepreneurs on my Bright Ideas podcast over the last 8 years, one of the main things that I see over and over again with the entrepreneurs who achieve the greatest results is this:
They focus on working ON their business more than IN it.
From day one, I focused on turning every single one of our business processes into a documented Standard Operating Procedure.
When you create SOPs, some really fantastic things happen.
Thing #1: You can easily delegate more of your work to your team and have total confidence in the fact that they are going to perform the task in exactly the way you want it done.
Thing #2: You can make more use of low-cost virtual assistants instead of hiring expensive US-based contractors, consultants, and employees. The money you save goes directly to your bottom line.
Thing #3: Onboarding new employees, contractors, and virtual assistants will be far easier than you have ever imagined. With detailed SOPs in place, you won’t be required to spend hours upon hour training new employees. Instead, you will simply assign them a workflow based on one of your SOPs and they will simply follow the instructions, step by step, by step.
The number of ways that having SOPs can benefit your business is virtually endless…which why I say, “SOPs will set you free!”