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One big team creation mistake I made, and how you can avoid it (12)


05-11-2015 03:46 PM #1 vortex (Senior Moderator)

Wow kepe thanks! This is tremendous! I come from a background of project management so looking forward to following in your footsteps at some point. Bookmarked for future use!

Amy


05-11-2015 07:58 PM #2 givizator (AMC Alumnus)

Thanks for sharing your experience.

I've tried several time to outsource or delegate part of the stuff I do and each time it has been a similar situation as your's, losing way too much time...

I hope you will be able to setup this to the end !


05-11-2015 08:04 PM #3 Mr Green (Administrator)

Awesome post man!

Cheers for the tip about teamwork, going to check it out.


05-12-2015 05:15 AM #4 satori (Member)

Kepe this read is awesome, again!
I'm dealing with the same "battle" for last 2 months, building a team while my campaigns dropped from high $xx,xxx/month to basically zero. I'm glad that I got an advantage of hiring my 100% trusted brother, he's now the Voluum and Traffic source guy + handling my accounting,spying and various administration stuff, that helps a lot so I can focus on testing more. He was able to fully manage my mid x,xxx/day campaigns after like 30 days of working with me. I don't want to say this is easy, the balance in hiring family and friends is very fragile, but I'm aware of it and I'm sure this will work for us pretty well.

I'm also building up systems for every process in the workflow and hiring VAs to do stuff. Starting from the less urgent things that I can afford to have fucked up by employees who are just learning the stuff. I've already went through many ideas how should my team look and function, but taking it step by step is definitely the only way to go if you don't want to get crazy.


05-19-2015 12:48 PM #5 MrHardwork (Member)

Thanks Kevin, it's just what I was thinking about last couple of days. It is extremely helpful.
As for me, after reading this I decided to hire 1 employer as an assistant.


06-13-2015 02:59 AM #6 OJay (Member)

Hi there -- this reminds me of a great piece of advice that I learned from reading the business book, "The Goal: A Process of Ongoing Improvement."

It more or less boils down to this: find the bottleneck that's preventing you from making more money right now, and put your resources (staff, investment, and time) at that point.

It sounds simple, but it's easy to overlook.

It sounds like you experienced this lesson by building too much for the future! Still, I wonder if you are putting your resources at your current bottleneck that's preventing you from making more money right now?

I am a big reader of business books. "The Goal" was useful, and you can read it in a couple of hours on the beach. (It's definitely not a work of art.)

The other one I'd recommend, if you haven't read it already, is "The Effective Executive" by Peter Drucker. If you don't know him, Drucker is considered the first management writer. Many still think he's the best, and I couldn't argue with them. Word for word, "The Effective Executive" is one of the most valuable books that I've ever read.

Good luck, and please let us know how your team is coming along!


06-13-2015 03:19 AM #7 kepe95 (Moderator)

The other one I'd recommend, if you haven't read it already, is "The Effective Executive" by Peter Drucker. If you don't know him, Drucker is considered the first management writer. Many still think he's the best, and I couldn't argue with them. Word for word, "The Effective Executive" is one of the most valuable books that I've ever read.

Good luck, and please let us know how your team is coming along!
Thx will check the books out!

http://www.amazon.com/Ruthless-Manag...le+and+profits
also a great one I am just reading.

Many more lessons I learnt since writing this post above. Some of the mistakes I made, just wanna punch myself in the face for it haha


06-13-2015 03:52 AM #8 hlyghst ()

great post kepe.

I'm also building out my first AM team. lots of mistakes. slowly improving.

at your age your achievements are amazing. mistakes = experience points.

go level up!


06-13-2015 06:53 AM #9 cmdeal (Veteran Member)

Quote Originally Posted by kepe95 View Post
Thx will check the books out!

http://www.amazon.com/Ruthless-Manag...le+and+profits
also a great one I am just reading.

Many more lessons I learnt since writing this post above. Some of the mistakes I made, just wanna punch myself in the face for it haha
You should definitely read the ones recommended by OJay first, I think.


10-07-2015 07:17 AM #10 pandabear (Member)

Great read, you sound like the most experienced and mature 19 year old I "know". And I got to know a lot of very young poker professionals when I was one myself. Keep it up! Also would be cool to get another update just every few weeks or months how progress is going in terms of team building and creating a saleable business (I really liked that concept btw). Cheers!


10-07-2015 09:10 AM #11 crysper (Member)

Few years ago I made the same mistake as you did, but on software development process.

I developed systems and stuff where I didn't really need them, I think it happens often to be taken away by the novelty and excitement of the first successes in affiliate marketing, especially when you are young you want to do a lot at once and irrational confidence play a role in this, but that's on a positive note, because you learn a lot along the way.

The best way to develop system and processes is also the simplest one: When you REALLY need help on one process you get somebody to help you and so on. That's it.

Planning ahead hiring 10 people when you don't know all the important variables is shooting yourself in the foot. This happens often with startup owners who take big investments, but at a 10x magnitude.


10-07-2015 01:23 PM #12 pandabear (Member)

+1 to that. I think it's a super common "beginner" mistake and also one of the biggest ones I made with my first business and employees. I think it's one of those mistakes that just need to be done once by everyone with ambitious goals. Nothing to be ashamed of.


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