Comments on: Increasing Leverage to Speed Up the Process http://retirerichroadmap.com/blog/increasing-leverage/ Helping You Retire Rich & Retire Early Thu, 27 Oct 2011 06:40:35 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Mikael http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1913 Mikael Sun, 06 Sep 2009 13:54:53 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1913 Hi Ryan, I'm sure you're going to like the Manifesto. Rich is a great writer and mentor. Hi Ryan, I’m sure you’re going to like the Manifesto. Rich is a great writer and mentor.

]]> By: Ryan@North Park real estate http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1911 Ryan@North Park real estate Sun, 06 Sep 2009 00:23:57 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1911 I understand this article very well, since not everyone are fully Internet Marketers as well, few people are doing jobs and whenever they find time, they work on their business as well so yeah I would agree that without a good team you can't succeed in your goals alone. No one can unless you're dedicated 10-12 hours each day. And hiring for projects or for 10 hours a week isn't a bad idea if you want to lessen the burden while concentrating on the major area of your business. P.S. I've downloaded the Manifesto and will read it later. Thank you. I understand this article very well, since not everyone are fully Internet Marketers as well, few people are doing jobs and whenever they find time, they work on their business as well so yeah I would agree that without a good team you can’t succeed in your goals alone. No one can unless you’re dedicated 10-12 hours each day. And hiring for projects or for 10 hours a week isn’t a bad idea if you want to lessen the burden while concentrating on the major area of your business.

P.S. I’ve downloaded the Manifesto and will read it later. Thank you.

]]> By: Mikael http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1604 Mikael Wed, 12 Aug 2009 16:12:18 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1604 Hi David, I'm sure there is but I would also argue that there is probably a lot of poor places as well where you won't get value for money. ;) Hi David, I’m sure there is but I would also argue that there is probably a lot of poor places as well where you won’t get value for money. ;)

]]> By: David http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1289 David Tue, 28 Jul 2009 20:22:47 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1289 I think there are a ton of good reason to outsource but it is not for everyone. Not everyone can afford to spend money on tasks current employees can do. However some people can really be more efficient and make more money with outsourcing while saving time. I think there are a ton of good reason to outsource but it is not for everyone. Not everyone can afford to spend money on tasks current employees can do. However some people can really be more efficient and make more money with outsourcing while saving time.

]]> By: Mikael http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1183 Mikael Thu, 23 Jul 2009 07:58:52 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1183 Hi Joe, Welcome to the blog. Nice to have you here. When using leverage you can use the approach you mention about doing things until the cashflow is there to pay for outsourcing but I would also argue that it can be a wise business solution to pay in advance (if you have the money obviously) to increase the speed of building the business. That approach will however require that you know what you're doing because if you don't the money can be a waste. Mikael Hi Joe,

Welcome to the blog. Nice to have you here.

When using leverage you can use the approach you mention about doing things until the cashflow is there to pay for outsourcing but I would also argue that it can be a wise business solution to pay in advance (if you have the money obviously) to increase the speed of building the business. That approach will however require that you know what you’re doing because if you don’t the money can be a waste.

Mikael

]]> By: joe http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1179 joe Wed, 22 Jul 2009 21:33:12 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1179 Great post. I think sticking with what you can do yourself until you generate cashflow to pay for outsourcing is a smart approach. Letting someone else do the things that don't pay to do yourself is smart. I think learning from people unstead of doing everything the long way is another great success tip .-= joe´s last blog ..<a href="http://createliberty.blogspot.com/2009/07/best-businesses-to-start-profitable.html" rel="nofollow">Best Businesses to Start- Profitable Business Opportunities 2009</a> =-. Great post. I think sticking with what you can do yourself until you generate cashflow to pay for outsourcing is a smart approach. Letting someone else do the things that don’t pay to do yourself is smart. I think learning from people unstead of doing everything the long way is another great success tip
.-= joe´s last blog ..Best Businesses to Start- Profitable Business Opportunities 2009 =-.

]]> By: Manshu http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1167 Manshu Wed, 22 Jul 2009 00:30:15 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1167 After a certain point you realize that you just can't do everything and in order to grow you will need to leverage other's skills. If you have to grow beyond a certain point, there is absolutely no hiding from this fact. It has to be done. .-= Manshu´s last blog ..<a href="http://feedproxy.google.com/~r/onemint/feed/~3/ibC2Teyn5Is/" rel="nofollow">Save to Win</a> =-. After a certain point you realize that you just can’t do everything and in order to grow you will need to leverage other’s skills. If you have to grow beyond a certain point, there is absolutely no hiding from this fact. It has to be done.
.-= Manshu´s last blog ..Save to Win =-.

]]> By: Anthony http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1156 Anthony Tue, 21 Jul 2009 02:09:52 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1156 Yep! Its all about outsourcing! Can be done on a small or big scale. For me I'm an English teacher in Shanghai so I hire two programmers full time for a total of around $1000 per month. Its sounds like a lot at first but I see others online paying writers $100-200 per article so I guess they can not be much cheaper. I prefer to make portals rather than content-heavy stuff such as articles, but everyone has their own niche. @Jason You need to fire them and get a new programmer. This is a question of ethics. If the work they do is old code or old content you are being cheated, and if the content they made for you, they also use for them self in their own site its even worse. You just gotta find a loyal and ethical programmer to be your long-term partner. They are out there but not easy to find. But when you find them, keep them happy with steady work and develop a long term partnership. .-= Anthony´s last blog ..Hosting a website with a domain name on your home computer =-. Yep! Its all about outsourcing! Can be done on a small or big scale. For me I’m an English teacher in Shanghai so I hire two programmers full time for a total of around $1000 per month. Its sounds like a lot at first but I see others online paying writers $100-200 per article so I guess they can not be much cheaper. I prefer to make portals rather than content-heavy stuff such as articles, but everyone has their own niche.

@Jason You need to fire them and get a new programmer. This is a question of ethics. If the work they do is old code or old content you are being cheated, and if the content they made for you, they also use for them self in their own site its even worse. You just gotta find a loyal and ethical programmer to be your long-term partner. They are out there but not easy to find. But when you find them, keep them happy with steady work and develop a long term partnership.
.-= Anthony´s last blog ..Hosting a website with a domain name on your home computer =-.

]]> By: Mikael http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1154 Mikael Mon, 20 Jul 2009 21:01:30 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1154 @Jason, managing project is also something that one will need to learn. You'll never get it right the first time and then things like what you have seen will occur. But as long as we learn from it and can move on and become better we're still on the right track. @Matt, I am sure you are right that everyone has their own reasons. I can be one or the other but we all have our reasons. Let's just hope that this (and all the other posts and emails about this) will convince more people to take a leap of faith and outsource. @Jason, managing project is also something that one will need to learn. You’ll never get it right the first time and then things like what you have seen will occur. But as long as we learn from it and can move on and become better we’re still on the right track.

@Matt, I am sure you are right that everyone has their own reasons. I can be one or the other but we all have our reasons. Let’s just hope that this (and all the other posts and emails about this) will convince more people to take a leap of faith and outsource.

]]> By: Matt http://retirerichroadmap.com/blog/increasing-leverage/comment-page-1/#comment-1149 Matt Mon, 20 Jul 2009 14:37:43 +0000 http://retirerichroadmap.com/blog/?p=539#comment-1149 Great rant :) I don;t think it's just the fact that they are taking a risk - I genuinely believe it's because people haven't thought of it. If I get a project in I can outsource it to someone, project manage it and at the same time get another project in - something I just couldn't physically do if I controlled every aspect myself. People need to just get wise to this. Great rant :)
I don;t think it’s just the fact that they are taking a risk – I genuinely believe it’s because people haven’t thought of it.
If I get a project in I can outsource it to someone, project manage it and at the same time get another project in – something I just couldn’t physically do if I controlled every aspect myself.

People need to just get wise to this.

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