#14: Use Standard Operating Procedures To Make Your Business Productive With Predictable Results
Description
In today's show I'm going to discuss how using standard operating procedures (SOPs) can provide you with very predictable results in your real estate business.
But why is that important? The reason is because predictability allows your business to...
- Continuously improve while reducing cost
- It allows you to become more efficient
- And it makes your business more effective and productive
So, if those things are important to you, make sure you check out this episode!
Topics:
00:58 Topic of today's episode
01:19 What makes the best organization most successful
03:12 What are Standard Operating Procedures (SOPs)
03:50 Advantages of using SOPs
05:24 How and when you should create SOPs
06:20 10 easy steps you need to follow to create SOPs
06:34 Step 1: Determine the format
06:43 Step 2: Consider your audience
06:58 Step 3: Determine who should write it
07:13 Step 4: Keep the purpose of your SOP in mind
07:27 Step 5: Determine what to include in the SOP
07:44 Step 6: Thoroughly describe your process
07:48 Step 7: Be concise
07:59 Step 8: Test the SOP
08:11 Step 9: Review the SOP
08:23 Step 10: Implement the SOP
08:38 Tools to create SOPs
10:02 Summary
Quotes:
"If you want to run your company like a business instead of a hobby, SOPs will make all the difference."
Resources:
Season 2 - Level Up Your Business
Evernote
Google Docs
Screencast-O-Matic
Zoom
SweetProcess