EP143: Is There Chaos in Your Business? Time to Shut That Down

EP143: Is There Chaos in Your Business? Time to Shut That Down

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Alex Pardo recently spoke to a new Inner Circle member and he was having some trouble managing his team. When you’re in a position to hire new staff, then it is incredibly important to set clear expectations as to what you should expect from them.

Also, creating a standard operating procedure document can help speed up the training process and it gets new hires more familiar with your business and expectations. The final piece to all of this and to avoid chaos in your business is to make sure your team has accountability. This way you can track results and not lose time and money!

Key Takeaways:

  • Do you feel like a chicken with its head cut off in your business right now?
  • Alex shares some of the challenges a new inner circle member is currently experiencing.
  • This inner circle member has 3-4 people on his team who are all kind of doing everything. Obviously, this is going to create a bit of chaos.
  • Alex likes to use the Position Agreements, which he learned about from Michael Gerber’s book The E-Myth.
  • Alex’s inner circle member felt overwhelmed, so Alex recommended that he just start in one department.
  • Standard operating procedure (SOP) documents need to be kept simple.
  • It’s incredibly important to make sure you put accountability in place.
  • Please share this episode and you can always send Alex your questions too!

 

The Flip Empire Inner Circle

Want to close more deals and generate more revenue? Have questions you want to ask me? Interested in generating more leads, creating systems, automating your business, or just growing as an Entrepreneur? This isn’t your typical coaching program that charges you b/w $5,000 – $50,000. This is a small community of experienced, like-minded, successful Real Estate Investors. Click To Apply, and let’s talk!

 

Mentioned in This Episode:

FlipEmpire.com

Flip Empire Private Facebook Group

Flip Empire on iTunes

Email Alex: Alex@FlipEmpire.com

Position Agreements | EMyth Business Coaching

Make mind mapping and brainstorming easier with Xmind.net

 

Tweetables:

“If your business is at a point where you hire and start to scale, it’s better to have a clearly defined job role.”

“Focus all of your efforts, energy, and attention on this one department. Come up with a checklist on what has to happen.”

“SOPs should be super simple. You know, the acronym KISS = Keep It Simple Stupid.”

 

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

 

Did you get your FREE Online Course?

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