How many opportunities have you missed because you weren't ready?
Do you know?
Itβs not a ridiculous question. We spend so much time with our heads down, checking off tasks, itβs easy to forget about the big picture.
This week, I want to talk about how to set yourself up so youβre ready when opportunity knocks.
Letβs start with the basics.
What would you do if ten people showed up asking to hire you?
Have you even thought about it?
What would you do if your content went viral?
Have you even thought about it?
You canβt make a blog or social media post go viral, but you can make a plan for how to capitalize on your 5 minutes of fame when it happens.
These are things small business owners like us dream about, but how many of us plan for it?
How do you prepare for unexpected opportunities?
There are three key components to being prepared for new opportunity.
Sometimes, you can get by with one of them, but most times, itβs going to be a combination of all three.
Time: You can find more time by automating or delegating tasks that donβt require your personal attention. In both cases, itβs going to require an outlay of money to either pay someone or subscribe to a platform that can handle all those repetitive tasks.
Money: Nobody wants to miss their chance when Lady Luck calls. The easiest way to ensure you have cash on hand for an unexpected opportunity is to make it a budget item. You may not have thousands of dollars to put in a someday/maybe fund, but you can commit to putting aside a small percentage of every sale. It may not be a lot today, but it adds up quickly.
Infrastructure: Prepare for your best-case scenario by setting up systems and streamlining procedures. This is both physical infrastructure and soft infrastructure, like software, systems, and cloud services.
If youβre a one person team, consider finding a friendly competitor who is willing and able to take your overflow or partner with you for specific projects.
Donβt be afraid to spend money.
DIY and budget tools can be a lifesaver when youβre starting out, but they are often limited and require hands-on attention. If you can afford to upgrade some of those tools to a more comprehensive service that does more, do it.
Nobody really knows when it will happen, but following these tips to be ready the next time a new opportunity pops up.
Categories: newsletter, opportunity, success, video