welcome to the cashflow diary daily…

in this issue...

• how to create an automated system and get started …

  • the importance of starting close to home

  • the functionality of an automated system

  • anticipating and addressing potential issues

  • in other words…

how to create an automated system and get started from home

the importance of starting close to home

When creating an automated system, it is vital to start close to home. This means having at least ten short-term rentals in one city before considering expanding to other locations. The reason behind this recommendation is simple: it allows you to understand how the entire system operates and how to fix it when it breaks.

"You have to be able to fix it when it breaks or knows when things are about to break before you want to go too far." By starting close to home, you have the advantage of being able to anticipate potential issues and address them promptly. This hands-on experience will help you build a solid foundation for your automated system.

Expanding too quickly without fully understanding the system can lead to added expenses and potential problems. Therefore, it is crucial to avoid venturing far from home until you have mastered the system in your local area.

the functionality of an automated system

When we talk about an automated system, we are referring to one that can function without constant manual intervention. It is a system that operates smoothly and efficiently, allowing you to focus on other aspects of your business.

"That's a function of the automated part. So when you say automated system, to me, that's redundant." The goal is a system that can run independently, minimizing the need for constant monitoring and intervention.

To achieve this level of automation, it is essential to design and implement processes that can be executed without your direct involvement. This may involve utilizing technology, streamlining workflows, and implementing efficient communication channels. By doing so, you can free up your time and energy to focus on other critical aspects of your business.

anticipating and addressing potential issues

One of the critical aspects of creating an automated system is the ability to anticipate and address potential issues before they become significant problems. This requires a deep understanding of how the system operates and the ability to identify warning signs.

"You have to be able to fix it when it breaks or knows when things are about to break before you want to go too far." By closely monitoring the system and proactively identifying potential issues, you can prevent them from escalating and causing significant disruptions.

Implementing regular maintenance and monitoring protocols is crucial to ensure the smooth operation of your automated system. This may involve conducting regular audits, analyzing data, and staying current with industry trends and best practices. By doing so, you can stay one step ahead and address any issues before they impact your business.

in other words…

In summary, creating an automated system requires starting close to home and mastering the system in your local area before expanding to other locations. Understanding how the system operates and being able to fix it when it breaks is crucial for long-term success. Automating a system means having it function without constant manual intervention.

By following these principles, you can build a robust and efficient automated system that allows you to focus on growing your business. Remember, automation is not just about technology; it is about designing processes and workflows that can operate seamlessly without constant human intervention.

So, before you venture far from home, ensure you have a solid foundation and a deep understanding of your system. Doing so allows you to set yourself up for success and create a thriving business that operates smoothly and efficiently, even when you're not directly involved.

Now is the time to start building your automated system, starting close to home and expanding gradually. Embrace the power of automation and unlock the potential for growth and success in your business.

Remember, automation is not a destination; it is a journey. Embrace the challenges, learn from your experiences, and continuously improve your automated system. With dedication and perseverance, you can create a business that thrives on automation and achieves remarkable results.

So, what are you waiting for? Start building your automated system today and unlock the true potential of your business!

that’s it for the moment…

J. Massey

PS: Here’s a way we both can grow: