WEEK #11: DOING THINGS THAT DON’T SCALE

This week’s little summary highlights why a ‘done for you service’ from the likes of Fusion is so valuable. Over the course of last weekend and spread over this week Chris and I put more hours than we care to tot up into preparing a 2 bed flat in Glenrothes for the SA market.

Yes, we are early stage in our SA business and we are “bootstrapping where we can” hence doing the full set up ourselves. A huge thanks to my awesome wife Emma who sourced all the items online (3 sets of brand new curtains for under £75!). This week we actually took a hybrid approach and employed one of Chris’ labourers for the day – a great move and big thanks to Yogi for a full day’s shift. From receiving deliveries of hotel beds at 2 sites on a Sunday morning to packing haulage vans on ‘Date Night’, and ironing valances, we know these are things that don’t and can’t scale if we want to grow our business.

So, our lessons:

  • if we want to phase ourselves out of hands on set up but still have direct input, take a hybrid approach and employ a labourer
  • ultimately aim to shift gear to fully outsource the set up as soon as possible so we can focus on the marketing and monetising of the unit. And then of course further acquisition.

As a totally different side note, I have a great book recommendation that has had me engrossed in my personal development this week. The book is called,  “The Code of An Extraordinary Mind” by Vishen Lakhiani of Mind Valley fame.

Have a great weekend

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