An effective entrepreneur has the skills to multitask and grow his business from startup to something that continuously rakes in the ROI.
However, multitasking may actually hurt you mentally and physically and lower your productivity. Research shows that the human brain struggles when it tries to successfully perform more than one task at one time.
The best tactic is to outsource some of your more tedious work-load to free up your time while you simultaneously grow your biz. For example, you can outsource managed IT services from Melbourne to the Philippines or India.
Customer Service
It can take companies quite some time to disseminate their messaging and get a return of investment consistently. However, it takes just a few minutes to lose your clientele, thanks to mediocre customer service. Instead of doing customer support yourself, hire the services of a BPO experiences in your industry and the products and services you sell.
CS professionals can assist you in focusing on the channels your clients use the most. For example, social media can help you provide info the moment a customer inquires about your products or services – or may assist you in closing a sale by providing answers about your product or services.
Lead Generation
If lead generation is a breeze, we wouldn’t need to read articles about businessmen losing 90 percent of the time. Generating is a challenge and directly impacts how far you can grow your business. It’s also very time consuming and needs focus and technical skills.
It’s possible you can do lead generation through your staff and save on spending for the services of a lead agency. But you still need to know the amount of budget and the returns involved. Outsourcing lead generation can save you the time, the effort and the budget needed to hire a sales team to run ads and analyze the most effective marketing strategy.
Inventory
This is another one of those stressful and time-wasting tasks for an entrepreneur. Imagine checking and ordering inventory again and again. It’s necessary to dive in and sort out your system before handing it off to a third party. However, a good option is to hire an inventory and fulfillment center to take care of the details for you and make things more efficient.
Content Marketing
Figuring out how to reach the right audience and maximize your marketing strategy may take years. Begin with content marketing as an entry level way of engaging with your customers.
If you are not good in writing, then outsource the dirty work. Find a content marketer who can create your ad copy for you.
Financial Analysis
To save time and money on this task, hire someone on retainer to work a specific number of hours each month. You can also take advantage of the services of a virtual CFO, or someone who comes into the office from time to time to review your finances and do book keeping for your company.
