TAILIEUCHUNG - Make Millions and Make Change 6

Make Millions and Make Change 6. This book focuses on a high-growth, small business theory with a particular emphasis on modern technologies and marketing. We feel these areas are often shortchanged in business academia but still offer the most opportunity for small businesses. Make Millions and Make Change! is a living document that can serve as your raw code to “get rich and serve the world.” It will be most effective if you are adding to it constantly, fine-tuning the elements that work best for you and eliminating those that don’t | Make Millions and Make Change 50 Best Practices as Weapons Chapter 3 Best Practices as Weapons Objectives 1. Discuss documenting Best Practices and Standard Operating Procedures 2. Review the hype and the reality of a business 3. Delineate the advantages that scale has to offer 4. Describe how to create and facilitate leverage 5. Explain the ins and outs of selling your company From Day One it is important to document what works best for you and your company your Best Practices and Standard Operating Procedures SOPs . This book is our medium for documenting our own Best Practices we encourage you to adopt as many as you see fit while sharing them and adding whatever else you develop or discover independently. There is no set limit to your Best Practices arsenal it is a continually evolving and fluid document. Old ideas should be thrown out now and again while new ones are readily added. Some ideas can simply be added to your normal business flow yet there may be times when you are so overworked that some emerging and innovative ideas cannot be as easily implemented and have to be saved for later. 51 Make Millions and Make Change After preparing extensive documentation about the Best Practices that drive your industry and your company you should then create Standard Operating Procedures which explains how to do all the theoretical tasks in an organized manner. Equally important is to keep a fluid To-Do list of up to a hundred things of all sizes that you should manage with approximate completion dates. Your list should constantly be reprioritized and many of the tasks should be delegated as part of your plan to scale your organization. Meanwhile higher-level tasks can be added for you and the executive team and the cycle repeated therefore creating an ever-expanding upward spiral. Your contact management system can help organize some of these activities in a simple manner through the built-in calendar and its many goal-orientated functions. This is key. All tasks .

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