Tyler Jorgenson

One Entrepreneur's Journey To Find Greatness

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Finish Line – 31 DoBA – Day 31

I’ve delayed writing this post because some technical difficulties have prevented me from announcing one of the projects I’ve been working on.  Stay tuned for more info on that.

When I started the 31 Days of Blog Awesomeness I didn’t think much of it.  I just figured I’d answer some questions people ask me all the time anyway and share some of my thoughts on motivation, goals and success.  It’s been a great journey.  At the end of this post I’ll put a link to a summary of all of the 31 Days as a reference.

I ran Cross Country in high school.  I wasn’t a terribly gifted runner but I was never the slowest on the team either (if you include the girls).  I did Cross Country for two reasons.  1. My older sister ran and since it was the first sport of the season when I entered high school I figured it would be easier to get a ride home with her so I may as well run too. 2. It was a way to get in shape and lose weight for wrestling.  Distance running has a lot of opportunity for life metaphors.  Let’s explore a few.

Incremental Goals

One of my coaches taught us that although every race was 3 miles and ended with a finish line it was important to focus on visible goals.  Run hard to the farthest tree, then run hard to the light pole, then run hard to the turn, etc.  This works for life too.  Who doesn’t want to be rich and have millions in the bank.  Sometimes it’s good to set your mind on $100, then save hard to $1,000, then save hard to $5,000…

Apexing

Some courses had a lot of turns and so we were taught to look forward and pick the most direct route through the turns thereby needing to run a lesser distance and conserve energy.  I think about how we were taught to ‘apex the turns’ whenever there seem to be a series of obstacles that need to be overcome.  Look forward through them all and chart the most direct route.

Hydrate

We all know our bodies need water to function and in running that means avoiding cramps and having better endurance.  In life staying hydrated means remembering to take in the things that feed our soul.  We have to keep ourselves emotionally hydrated so that when a tough hill comes along we have the stamina to reach the summit.

Never Look Back

My most memorable race was run on a rainy day in the middle of nowhere complete with enough mud to last a lifetime.  I got a decent start and after some bumping and elbowing (in self defense of course) I found myself at the front of the pack.  I ran hard, but never looked back.  I could hear the footsteps of somebody right behind me.  From the sound of it they couldn’t have been more than a couple strides behind me.  It pushed me harder and I ran my best race that day.  When I reached the finish line and finally looked back I was surprised to see nobody remotely close.  I had been hearing the sound of my own feet echoing off the walls of the desert hills.  When we know our goal, we’re well hydrated and things are working out there’s no need to look back.  Push forward.  Stay focused.  Win the race.

Pace Yourself

In one of my first distance races in middle school I laid back a bit too much and when it came time to surge I had plenty of energy but not enough time to catch up to the leader.  I lost the race only by a few strides but I hadn’t even given it my all.  I learned that day that you’ve got to pace yourself just right and avoid going out too hot and burning out or too cold and falling behind.

Sprint to the Finish

If you reach the finish line and you’ve got more left in you then you didn’t do your best.  Once you see the finish line in sight it’s time to muster up all you have left and sprint to the finish.  I’m always surprised at how often good projects get abandoned so close to completion.  If you’ve paced yourself right you should have just enough energy left in you to let lose and finish.

Finish

After my great win where I never looked back I got a bit cocky and went out hot in a race with a lot more runners.  I forgot the pacing lesson, or at least learned the other half of it, and after leading for the first half of the race I got winded and fell behind.  As each runner passed me and I fell farther behind I got more and more discouraged and wanted to quit.  My bruised pride fought back and told me to finish.  I pushed through to the finish and still placed well.  You may not always be first, but if it’s a project worth finishing it’s your duty to get it over the finish line.

Know When to Quit

By my Senior year of high school I had decided I no longer wanted to run.  I wasn’t dedicated enough for it to be a successful year for me.  Instead I organized an official  Men’s Volleyball club for the school and made new friends and great memories.  Sometimes it’s time to quit a project.  Be strong enough to know when you’re not committed to the success or that the project is no longer viable and be willing to quit.  If you chose to quit you must do it because it is right, not because you are tired or lazy or some other lame excuse.  To repeat the above line if the project is worth finishing it’s your duty to get it over the finish line.  If it’s not worth it anymore, quit now before you waste any more time on it.

There you have it.  The end of the 31 Days of Blog Awesomeness.  Here’s a link to the summary of posts.

I’m not done with this blog, but I’m done posting every day for a while.

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Level Up – 31 DoBA – Day 30

As we approach the end of the 31 days of Blog Awesomeness I am filled with mixed emotions.  This has been a good exercise for me and a couple people have shared that some posts have helped them.  At the same time I have realized that it is hard to produce a high quality post every single day. Today’s post is one that I really wanted to spend a lot of time on.  I wanted to actually walk somebody through the process and share the experience.  That didn’t happen.  But we’re still here and this post is still going to be great.

Back at the beginning of the 31 DoBA Sandy asked: How to take my new business to the next level (How to set up an online store and get into specialty retail stores)

These are two very different questions so I’ll tackle the one I have more experience with first.  How can you set up an online store.

Sandy already has an Etsy shop for her cool no slip head bands at www.bicbands.com.  She was very smart to use her own URL and point it to Etsy so she can change it later without losing traffic.  Etsy isn’t a bad service, but in my opinion it’s limited and since you don’t have full control it can potentially keep your product looking small instead of professional.

Option 1. Shopify.  Shopify is a great site that a lot of big companies use like PIXAR and Tesla Motors.  It is very user friendly and works as a website, shopping cart and payment processor all in one.  There is a monthly fee starting at $29 per month and a per transaction fee as well.  If you’re not selling at least a couple hundred dollars of product a month this may be cost prohibitive.

Option 2. WP e-Commerce Plugin by GetShopped.org.  If you’ve followed my steps on how to set up a website then you can just install this plugin to your wordpress site and add your paypal email and in a matter of minutes have a fully functioning e-commerce site.  I’ve used this for a lot of test sites since it’s so easy to set up.

Option 3. Outsource the design and have them use a shopping cart like phppurchase.  If you don’t have much technical know how this may be your best bet.  But if you are a bit tech savvy and budget conscience then go with option 2.

The second part of Sandy’s question is something I’ve only done a very little of.  If you’re looking to get into retail stores there are a couple of routes.  You can hire a broker or network yourself.  I recommend starting with some boutique stores where you can meet the owner.  Many of them will allow consignment so that they don’t have to buy inventory but you still get your product in.  This is a great opportunity to test retail price and get feedback from customers before trying to go big and get into a large retailer.

How is your company doing today?  Where do you want it to be?  As a friend of mine said to me this weekend.  ‘Show me the money.  Now, show me more money.’  Think big and then lay out the steps to get there.

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Getting Tribal – 31 DoBA – Day 29

Yesterday I asked you to define yourself independently of those around you.  Today I’d like to ask you to think about who you are in your organization.  What sort of attitude do you bring to the office?

One of the classes that I’m currently taking at USC is taught by Professor Dave Logan of CultureSync and author of Tribal Leadership.  Here’s a 6 minute video summary of the idea of Tribal Leadership.

What stage are you?  What stage are the people around you?  How can you make things better?

Facebook and RSS readers can see the video here: http://www.tylerjorgenson.com/2011/01/getting-tribal-31-doba-day-29/

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Starting a Business – 31 DoBA – Day 28

One of the responses I got back when I announced the 31 Days of Blog Awesomeness was from Partha.

PARTHA Says:  I really want to know how you started your own venture as an entrepreneur. What I am looking for a step by step guide to start up and own a new business.

This is a big topic and and would not fit into a single post.  What I will cover is how to look at products and ideas and quickly determine if it’s worth moving forward with.  I’ve made the mistake, as I know many have, of moving forward on a project before doing enough testing or having sufficient data to determine viability.

I’ve said before that I’ll work on any product or project where there is a margin and a market.  Those are my 2 M’s for a new product.

Step1. Determine if there is sufficient margin in the product to support the beginning phases of growth.

  • What is the expected cost per unit to manufacture and get to market?
  • What is the expected retail price?
  • How many units would I need to sell per month in order to make money? This is the minimum threshold.

Step 2. Determine if there is sufficient market to reach the minimum threshold.

  • What is my target market?
  • Can they afford my retail price?
  • What are they buying now, and how many of those are being sold each month?

Step 3. Determine how I can do it better.

  • Can I beat their price?
  • Can I beat their service?
  • Can I offer more?
  • Can I market better?

Step 4. Test.  If you’re like me you don’t have a large marketing and R&D budget.  You need to test your idea first before dumping money into it.  It is always better to ask people to buy your product rather than ask them if they would.  Allow them to act and measure what your potential cost per acquisition would be.  I’ll cover more on how to test in a later post… maybe.

Step 5. Go big, or go home.  If the test is big then it’s time to take it up a level and get serious.  If the test were not favorable you can either quit the project or test some more variables.  Don’t get too emotional at this point.  If after a good amount of testing the market isn’t responding to your widgets for left handed people don’t be sad.  It’s an opportunity to brainstorm again.

Starting a business is easy.  Starting a profitable business is a little harder.  Even harder is starting and maintaining a profitable business.  Luckily Partha didn’t ask me how to do that, he just wanted to know how I started.

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Who Do You Think You Are? – 31 DoBA – Day 27

Who do you think you are?!

Really, who do you think you are?

We get asked that question a lot, but usually in a nicer tone.  More like, ‘it’s nice to meet you. Tell me a little about yourself.’

Usually we just answer the question with the typical title/company/hobbies sort of response.  This time, really think about it.

What makes you happy?

What makes you sad?

What makes you laugh, smile, cry, dance, jump, etc?

Next question, and this is why we ask the other ones.  Why don’t you let yourself be who you really are? Don’t sell yourself or your passions just to appear how you think somebody else wants you to be.  Most likely they secretly sing Justin Bieber in the shower too.

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Facebook Advertising – 31 DoBA – Day 26

Yesterday I said to do nothing for 2 minutes and today I’m asking you to watch a 3 minute video on how to advertise on Facebook.  This is a VERY rough video and is intended to be an initial overview of the process.  There are a lot of resources on facebook and elsewhere but this video was done at the request of a reader.

The video was done in one take, so forgive the abrupt ending.  Facebook advertising isn’t right for every product or service, but it is a great solution for a lot of things.  Try it out.

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Do Nothing – 31 DoBA – Day 25

It’s 11:21pm Pacific time as I sit down to write today’s post.  I just finished watching The Social Network, the movie about the founding of Facebook.  For me the movie was about the emotions that surround entrepreneurship and creation and I was entertained, motivated and inspired.

I am an entrepreneur.  When I am working on an idea I get ‘wired in’ like they talk about in the movie and get very focused.  Sometimes we need to unplug and regain perspective.  I love this site that just came up recently.

http://www.donothingfor2minutes.com/

I’m actually a little bummed I didn’t come up with the idea because I think it could be done a little better.  Oh man, now I’m pulling a Zuckerberg.

Take 2 minutes to just Zen out for a moment.  When you’re done come back to reality and change the world.

It’s 11:32.  I’m off to get wired in.

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Sunsets – 31 DoBA – Day 24

A lot of us set resolutions to lose weight and get out of debt.  A friend of mine shared with me her resolution for 2011 was to watch more sunsets.  I thought this was a great idea since it is both realistic and meaningful.  In a world where we are always burning the candle from both ends taking time to watch sunsets has a real therapeutic value.

Today I caught this sunset on the way to Irvine.  I pulled over to the side of the road and just gazed out at Catalina Island for a few minutes.  The break from freeway driving and worrying about work and school was amazing.

How are your resolutions coming along so far?  Maybe you should catch more sunsets.

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Failure – 31 DoBA – Day 23

I just noticed that this is post #23 of the 31 Days of Blog Awesomeness.  It’s a bit serendipitous then that this is the topic for the day.  Failure.  This quote has been one of my favorites for a long time.

I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.Michael Jordan

See the video here: http://www.tylerjorgenson.com/2011/01/failure-31-doba-day-23/

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No Excuses – 31 DoBA – Day 22

Have you ever heard the saying comparing excuses to your backside?  Everybody has them, and they all stink.

Watch this video and tell me if anything sounds familiar.

Just Do It.

If you’re reading this on Facebook or in a feed reader you may need to click through to the original post.

http://www.tylerjorgenson.com/2011/01/no-excuses-31-doba-day-22/

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Start – 31 DoBA – Day 21

Since you got a “How to” type post yesterday you get a deep thoughts type post today.

One of the things that I battle with, as I am sure many of us do, is procrastination.  One time I was so lazy I didn’t even procrastinate for 3 whole days.  Most of the time I procrastinate by keeping busy on something else that is usually less important.  I prefer to work on stuff that matters, but sometimes other things are easier.  I read this quote the other day and it made me think about working on stuff that matters right away.

“You don’t have to be great to start, but you have to start to be great.” – Zig Ziglar

I’ve had an idea for a while that I haven’t been doing much with.  I feel it’s a great idea but I worry that it’s too big of a challenge for me.  I’m resolved to start and get better and better as I go along.

What are you waiting for?  The starting gun already went off.  GO!

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How to Make a Facebook Page – 31 DoBA – Day 20

Let’s get one thing clear right away.  Facebook profiles are for people and facebook pages are for businesses.  I’ve actually heard of Facebook shutting down profiles that are used for commercial purposes.  If you’re currently using a profile for your business don’t let fear motivate you to change.  Facebook pages come built in with some analytics and have a lot of tools available to them that profiles don’t.  There is a LOT you can do with a page and profiles are very limited.

[steps off soap box]

Now on to our feature presentation: How to Make a Facebook Page

Yes, the awesome intro sound effects are all me baby.

See you tomorrow!

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First Rate – 31 DoBA – Day 19

“Always be a first-rate version of yourself, instead of a second-rate version of somebody else.” – Judy Garland

It’s easy to get caught up in wanting to be ‘like’ somebody else.  A charismatic boss, a successful friend or some other person of significance are great people to emulate.  In the end, though, remember that you are your own person.  You have a unique blend of talents unlike any other person.
Be yourself, just be your best self.

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Study Shows that Entrepreneurial Skills are Hereditary

This is a guest post by Stuart Draper, founder of Get Found First.  Stuart is the brother of my sister’s husband.  He’s my brother-in-law’s little brother.  Whichever way you want to say it he’s a great entrepreneur and runs a growing SEO/PPC/SEM company.   This is his post:Study Shows that Entrepreneurial Skills are Hereditary

Normally, I blog about PPC Management on my website, but I’m excited to talk today about entrepreneurial matters and the relationship it may or may not have to family relationships.  About a week ago I was reading a blog post by Neil Patel, a young, successful entrepreneur who has created multi-million dollar businesses.  In his post, he tells his story, and mentions that his mom and dad, and other members of his extended family were entrepreneurial and that it “runs in the family” to be an entrepreneur.  It made me think about my entrepreneurial story, and where I got mine from.

My dad is a great man!  He has provided very well for 8 children (yes…really…I have 8 siblings), who are now all happily married.  He paid for all 8 sets of orthodontic braces, all of our annual family trips, all of our fun traditions like going boating and camping, and even paid for a percentage of every child’s college education.  He did that working for the man. In many ways he has an entrepreneurial spirit, but he has always worked for someone Else’s company.  I guess more than anything, he never ventured off on his own because the opportunity never presented itself. You have a lot of very big bills when you are the father of 8 kids, and the security of a set monthly income is hard to leave. Without going into as much detail with the rest. Take a look at this list of family members and their jobs:

Brother-In-Law (B.I.L) Mike Hadfield: Founder of Summit Northwest – Construction Company
B.I.L. Marcus Stones: Owner of Stones Family Dental – A Dentist in Salem Oregon
Brother Quinn Draper: Partner of Croft and Draper Orthodontics – An Orthodonist in Battle Ground WA
B.I.L. Ryan Pierce: VP of a Bank
B.I.L. Jason Bates: VP of Swift Transportation – The semi-trucks you see all over the country
Me: Stuart Draper: Founder of Multiple Businesses including, The Christmas Light Guys, Get Found First, and The One-Man Hitch
Brother Tyler Draper: College Student – Wants to be an EMT
Brother Travis Draper: College Student – Wants to be a Nurse Anesthetist

Grandpa Draper: Was a banker
Uncle Roland Ogden: Owns an OK Tire franchise
Uncle Dave Draper: Professor of Sports Medicine at BYU
Grandpa Jones: Was a banker and an insurance salesman
Uncle Craig Brady: Founder and CEO of a multi-million dollar printing business
Uncle Dave Jones: Sales Manager
Uncle Brent Jones: Works for Delta Airlines
Uncle Frank Prater: Founder of City 1st Mortgage in Salt Lake
Uncle Rod Jones: Founder and Broker of Idaho’s Real Estate

And on my wife’s side of the family:

Grandpa Webb: Was a high school teacher
Father-In-Law Richie Webb: Partner in Hemming Properties and Part-Owner of Multiple Five Guys Franchises
Uncle Chad Webb: Educator
Uncle Jeff Hemmingsen: Owner of Dunes Dental for Kids in South Dakota
Uncle Brad Unsicker: Founder of Wyn Medical, A successful medical supplies company
Uncle Keith Larson: Partner in Engineering Firm
Uncle Tom Oniki: Marketing for large tech company
Uncle Kurt Webb: Mall Manager for Simon
Uncle Ryan Webb: Educator
Uncle Levi: Military – Air Force

Grandpa Crandall: Founder of CPA Firm
Uncle Kent Oseen: Owner of CPA Firm
Uncle Steve Crandall: Owner of CPA Firm and Part-Owner of Multiple Five Guys Franchises
Uncle Mike: Self-Employed IT Guy
Uncle Rob Crandall: Partner of a CPA Firm
Uncle Alex Tavares: Part owner of multiple businesses in Brazil
B.I.L. Adam Morris: Partner in CPA Firm —His dad owns his own Probate Law Firm in Las Vegas
B.I.L. Nathan Webb: Student

My point in sharing all of this is to show you just how ridiculously large my family is!  Okay, not really. What I wanted to show was just how much of my immediate and extended family are entrepreneurial.  Here are the stats:

Of the four grandpas, 1 out of 4 were entrepreneurs.
Of my dad and father-in-law, 1 out of 2 are entrepreneurs.
Of my uncles, 12 out of 20 are entrepreneurs at some level.
Of my brothers, myself, and my brothers-in law, 5 out of 10 are entrepreneurs at some level.
Of all 36 men, 20 are entrepreneurs.

55% of the men in 3 generations of my family and my wife’s family are entrepreneurs.

Is it in my blood?  Is being an entrepreneur hereditary? Maybe.  Maybe not.  I am not going to jump to conclusions.  There are soooo many other factors that determine the makings of an entrepreneur.  I do not categorize my dad as an entrepreneur, but I definitely have developed a lot of the attributes of an entrepreneur that he has.  Sure my dad is not an entrepreneur because he has never started his own business, but he has a lot of the same traits of an entrepreneur.

Is it contagious.  I would argue no.  It takes a lot more than being around, and in some cases even living with, an entrepreneur to become one!  That said, for me, being around so many successful entrepreneurs has given me more hunger to have success building my own businesses.

Can it be developed?  Of this, I am certain.  Look at my family.  Dentists are scientists, yet a lot of them develop the necessary attributes to be outstanding entrepreneurs. Construction workers are handymen, but so many find a way to start their own businesses.  CPAs know how to crunch numbers and remember tax law, but they develop the necessary attributes to start their own business.  Remember, not all entrepreneurs seek out millions in VC funding to start their business.  Of all of my family that are entrepreneurs, only 2 of the 20 have received funding for their projects.

Maybe I have rambled a little.  Maybe this has been a little too personal, but I hope that you have found it to be insightful and eye opening.

So, what are the numbers for your family?  How many are entrepreneurs?  What type of entrepreneurs are they?

Stuart Draper
Founder, CEO
www.GetFoundFirst.Com

Office: (208) 991-3463

Follow me on Twitter: twitter.com/getfoundfirst
Connect with me on LinkedIn: http://www.linkedin.com/in/studraper


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Nonconformity – 31 DoBA – Day 18

You don’t have to live your life the way other people expect you to. You can do good things for yourself and make the world a better place at the same time.Chris Guillebeau

If you haven’t read about how Chris Guillebeau is changing the world, you need to visit his site, follow him on twitter, become a facebook fan, etc.  He has four basic tenants of his philosophy.

The essence of my philosophy is this:

1. You don’t have to live your life the way other people expect you to.

2. If you don’t decide for yourself what you want to get out of life, someone else will probably end up deciding for you.

3. There is usually more than one way to accomplish something.

4. You can do good things for yourself and help other people at the same time.

Most people that I know live their life based on projected values and desires.  For example a son may become a Lawyer because his Father always told him he should.  One thing I see happen quite often is the dating/marriage/baby/home cycle.  A couple dates, then gets married because that’s the next step.  Soon they take the next step and have a baby.  Of course now they need to buy their own home because, well, that’s the next step.  Of course non of these steps is wrong, evil or bad.  They are all great steps IF it’s what the couple wants.

Recently Baker over at Man Vs. Debt packed up the few possessions he and his little family owned and jumped into an RV to travel the United States for a year.  It may not be common and the idea may scare some people but it was what they wanted to do, so they did it.  Baker got his blogging fame started by selling his ‘stuff’ and going on a global expedition.  How many people do you know that can list all of their possessions on a one page excel spreadsheet?

I was in the real estate and finance business for about 8 years.  More than once I advised my potential clients against buying a home.  Buying a home can be a great investment and can be the right thing for somebody looking to put down roots for a while.  Many times though my clients could not answer my questions about how long they plan to be there, if they liked the area for the long term or what type of home they want to raise their family in?

We get so caught up in checking things off the list we sometimes forget to evaluate the list and make sure it’s something we want.

The idea on nonconformity is not the same as being different for the sake of being different.  Sometimes what you want is to have a Mac, other times you do it because you want to be different from the guys with the PC’s.  Do things that you want, and do them the way you want.  Remember Chris’s #3. There is usually more than one way to accomplish something.

What do you want out of life?

Ok, now really. What do YOU want out of life?

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Outsourcing – 31 DoBA – Day 17

Productivity is an elusive goal for many.  Too often we get caught checking off one item on our ‘To Do’ list only to add two more.  It’s hard to keep up with the many demands on our time and attention, especially if you’re an entrepreneur trying to build your own business.  One tool at our disposal now more than ever is online outsourcing.

Tyler’s Rules For Outsourcing

1. Be Specific
2. Establish Milestones
3. Outsource Things Below Your Pay-grade
4. Don’t Outsource Your Name
5. Pay Promptly
6. Think Local

1. Be Specific – When outsourcing, assume nothing.  Write a very detailed summary of the project complete with examples and background.  You will reap what you sow in the specifics.

2. Establish Milestones – You don’t want to get to the end of the project to find out there was a misunderstanding.  Having milestones gives you an opportunity to make sure the project is on track and keeps the contractor focused.

3. Outsource Things Below Your Pay-grade – If you make $50 per hour and can outsource some basic tasks for $4 per hour why wouldn’t you?  Do not, however, outsource things that are high level $100 tasks unless they require skills you don’t have.  For example, I am not a graphic designer so I’ll pay for a logo or ad design since I can not do it myself.

4. Don’t Outsource Your Name – Not everybody agrees with me on this.  An author that hired a ghostwriter is an example of somebody outsourcing their name.  I’ve written every post on this blog and although I will have guest bloggers they will post in their name.  I outsource blog writing for blogs that are not associated to my name or personal brand, and so should you.

5. Pay Promptly – If you hire somebody to help you with a project pay them when they’ve done their job.  You will earn their trust and respect and are more likely to get continually favorable results.

6. Think Local – Although this post focuses mostly on overseas outsourcing or crowd sourcing I have often had success by finding designers, virtual assistants, etc locally.  Ask your friends and social networks who would be good for a project.  I did this recently and found out that a few of my friends were graphic artists and I didn’t even know.

Suggested places for outsourcing (I’ve used each of these at least once)

Logos & Graphic Design

www.99designs.com – Multiple designers create content and you select the winner.
www.logocare.com – Similar to 99designs except they use in-house designers instead of an open market.

Content and Websites

www.Elance.com – Very easy to use and has an escrow system to protect your funds.
www.freelancer.com – I’ve used this site to find people to post craigslist ads as well as video editing.

Virtual Assistants

www.RedButler.com – Simple and effective fulfillment of personal requests like booking tickets or basic research.  Use coupon code 56DF for 15% off your first month.
www.Elance.com – I’ve used them for a VA when I needed some help completing a project.

There are a lot more companies that can help with this kind of stuff.  Who have you used and how did you feel about the experience?

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