I finished reading two books on my vacation, cashvertising and fast lane millionaire. Long story short, what an eye opener (cashvertising especially)
the fast lane millionaire just made me realize my obsession with systems is good and i gotta keep at making more systems to generate cash for me while i sip mojitos and water ski...
also this thing with advertising psychology is real sexy.. anyhow the new plan is to expand my media buying 7 to the media buying 10 for now (hire 3 more people) and create a system that
-takes input from me (the idea)
-knows what to do with this input (how to setup controlled tests, and note down results)
-then have the project manager automatically send me reports on which tests were the winners, and upon a yay or nay via SMS, Skype or Email.. right away create instructions for the data entry team to get shit going fast
-get data, optimize == profit
-rinse n repeat
my plan is to evolve my current semi-automated media buying systems to almost fully automated ones, where i can pass an idea to my project manager, and from there it will go through the procedural chain system, and the best output wins and turns into $$$ -- all while i am doing whatever i want with my time.. (i prefer to stick to visionary stuff, learn new stuff by reading more stuff all the time, and do just that)
why is all this important, and exciting? because i plan to share the framework of my entire plan with you guys... so those who want to work the way i do - can... and evolve with me..
-Attila
That's a good setup!
What does your team of 7 currently do? Is it a similar format of you sharing ideas and them putting those ideas into action?
design, setup campaigns, and optimize
this system costs a pretty penny but it allows for a big advantage, you can go in fast, and go in strong when a new offer comes out
Impressive man, can't wait to hear about your eight figure a year success story! If I were in your position I'd be hiring guys dedicated to business growth. A few critical functions you might want to look into:
Business process writing – A person with the skill set of a technical writer sits down with you and interviews you about some new process you want set up. After gathering his notes he starts mapping out the process, running it through a pilot stage, and refining it until it works with all contingencies.
Project managers: the antidote to the creative entrepreneur's weakness in detail and implementation. While business process writers are good for building systems out of existing/vague processes, your project manager creates new projects out of nothing but your ideas. He also executes them for you, and comes back to you for more high-level guidance every time a pivot is required.
Combine a PM with a business process writer for maximum growth leverage.
You probably should read this http://hbr.org/1983/05/the-five-stag...siness-growth/ in order to make sure you are focusing on the right areas.
It is quite an old article (almost 30 years old) but still quite relevant today.

Thanks Man, do you have a bigger version / higher resolution of this thing please