Damian’s Principles Of Automation: 4 of 4
Hi! Damian here. Welcome to Part 4 of my series, “Principles of Automation: Priceless Rules You Need to Know to Automate Your Real Estate Investing Business the Right Way.”
We’ve taken a long journey together and at the end of this video I’m going to bring it all together for you.
First I want to talk about pitfalls. Believe it or not, there are some pretty big pitfalls in automating your business. If you don’t know about them, you could fall in and not get results.
I already talked about one of them when I used a quote from a nerdy guy you’ve probably never heard of – Bill Gates. Gates says, “When you apply automation to inefficient processes, it multiplies inefficiency. And when you apply automation to efficient processes, it multiplies efficiency.”
Now I want to talk about one of the biggest things that I’ve learned as a real estate investor and online entrepreneur. That is, beware of the exceptions.
Let’s look at the 80/20 rule which I talk about a lot. Twenty percent of your efforts create eighty percent of your results. It applies to your automation as well. Twenty percent of the automation you build will automate eighty percent of your work. That last eighty percent of work will automate just a little bit.
Here is a little-known fact about me. At one time, I wanted to be a body builder. As a body builder, one of the best things you can eat is eggs. They’re protein, they’re cheap and you can eat a lot of them. I used to eat ten to twenty eggs a day. So all day long I was cracking eggs. And every once in a while I would come across that freak of nature – a double-yolk egg. I didn’t know how to deal with that double-yolk egg. It would throw me off. But because it was so rare, I certainly didn’t build my routine around finding a double-yolk egg.
The same way with automation. That last thing you want to do is come up with automation to deal with the rarest of exceptions.
Priceless Rules On How-To Automate Your Investing Business The Right Way
Time to bring it all home. YOU, YOUR investing business, cruising on autopilot.
Leads and properties flowing in…
And deals getting made like clock work!
But WATCH OUT!
There are some massive pitfalls along the way. And if you’re not careful you’ll find yourself digging yourself into a hole, on autopilot!
Yikes! You don’t want to miss the conclusion of my brand new investing series.
Related posts:
Damian’s Principles Of Automation: 1 of 4
Damian’s Principles Of Automation: 2 of 4
Damian’s Principles Of Automation: 3 of 4
Damian’s Hard Knocks School Of Hiring – Part 2 of 4
How-To Win Deals & Influence Homeowners! 2 of 4
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