Alex welcomes Latoya McDonald, an expert in systems and outsourcing for property businesses. Latoya shares her journey from real estate in New Zealand to building a successful property management agency in the UK, emphasising the importance of systems over mere goal-setting. She discusses the common pitfalls business owners face when trying to systemise their operations and offers practical advice on how to effectively delegate tasks to virtual assistants. Listeners will gain valuable insights into creating efficient processes, the significance of time management, and the mindset shifts necessary for achieving business success.

KEY TAKEAWAYS

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  Importance of Systems Over Goals: Focusing on building effective systems is crucial for business success, as they streamline operations and free up time for entrepreneurs to concentrate on their core passions.
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  Start Systemizing Early: New business owners should begin implementing systems from the outset, as waiting until the business grows can lead to overwhelm and chaos, making it harder to establish efficient processes later.
• 
  Role Specialization: When hiring virtual assistants (VAs), it's essential to define specific roles and responsibilities. A VA should not be expected to handle multiple unrelated tasks, as this can lead to inefficiencies and confusion.
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  Regular Communication and Support: Maintaining regular check-ins with VAs is vital for ensuring they stay engaged and productive. Short, structured meetings can help address issues and provide necessary guidance.
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  Mindset and Time Management: Developing a strong mindset and effective time management skills is key to achieving business goals. Entrepreneurs should break down their objectives into manageable tasks and consistently work towards them to avoid falling into a cycle of chaos.

BEST MOMENTS

"When you do systems and procedures, it makes the business efficient and streamlined, but it does not give you your time back."

"You cannot get a virtual assistant to be an all-rounder. You need to split the business down and then go and find that VA for that role."

"If you are going to do it on your own, you just got to do it and get it done. The more you bring on, the more workload it brings with it."

"It's all about pursuing your passion and the things that you love to do, help people build these systems."

"If you start today, imagine what your life will be in six months' time. But you've got to start today, just little bits each day."

ABOUT THE GUEST

Latoya McDonald @ Outsourcing Your Property Business; Helping business owners get their TIME back via Systems, Procedures and Outsourcing - So you can FOCUS on high money-making tasks.I can build out Asana or Trello for you, make sure cloud-based storage is set up, work with you to implement certain systems, ensure detailed procedures are in place, restructure staff or hire the right Virtual Assistants, deep-dive into making the biz more profitable… AND MORE !

Visit my store where you’ll find:

• a ready-to-use ‘Referencing and Credit Check’ procedure 
• a video showing you our email system and our email set-up with our Virtual Assistants- FREE E-Book

You can book your first call with me for FREE, plus more useful procedures for you to plug-and-play into your property biz coming soon: https://stan.store/Outsourcing_Your_Property_Business

Ready to take action? Book a call with me here: @Outsourcing_Your_Property_Business

SOCIALS

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Facebook Group: https://www.facebook.com/groups/outsourcingyourpropertybusiness

YouTube: https://www.youtube.com/@outsource_your_property_biz

PODCAST: https://shows.acast.com/65086e7ad844a90011f12f77

CONTACT ALEX

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