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Are you stuck in a bottleneck around $50K monthly recurring revenue? It might be time for you to step away from day-to-day agency operations and focus on scaling. With our process, we can help you make this happen and set you on a path toward $100K MMR.
Cut Out Low-Leverage Work
Your time needs to be spent on high-leverage activities that generate revenue. Start cutting out all the low-leverage tasks that eat up your time. Reporting, uploading, replying to messages and other admin tasks can be delegated out to give you back your valuable time.
Here are some tips to help facilitate that:
XDS Process
You can make it easier to step away from day-to-day agency operations by using the XDS process. Letโs break that down.ย
X โ Cut
What tasks can you cut from your daily activities? These are items that might no longer be necessary to complete or are no longer useful.ย
D โ Delegate
What tasks can you delegate to someone else on your team? These are items that need to be carried out but arenโt essential tasks that require your time.ย
S โ Systemize
What tasks can be turned into a system for efficiency.ย
How Does XDS Work?
To start implementing the XDS process, begin by analyzing the tasks you perform and the amount of time it takes each day or over the course of a week. Then, categorize each task as growth-oriented, agency operations, or administrative. Finally, consider whether each of these tasks gives you energy, depletes your energy, or keeps you neutral. This can be helpful later as you begin to cut and delegate tasks.
Once youโve spent about a week or so taking a deep dive into how youโre spending your time, it is time to go through the list of tasks and assign them as X, D, or S. Take a look at the tasks youโve categorized as administrative. For the most part, these tasks are taking you away from high-priority work that will help grow your business. Most of these tasks can be delegated to others or systemized to make them faster and easier for you to complete.ย
By the time the XDS process is complete, you should be left mostly with tasks that are categorized as growth oriented. Ideally, you will also be able to remove any tasks from your plate that youโve marked as depleting your energy. Part of the XDS process involves identifying the new owner of the tasks youโll be delegating, so you will need to work with the new owner to ensure continuity, both to keep the process from falling through the cracks and to be clear on the quality of work you expect on the assignment.ย
Remaining Growth Focused
When you perform the XDS process to reduce your involvement in day-to-day agency operations, you will be able to reinvest that time into carrying out high-leverage work that can take your agency to the next level.ย
Ready to Hit 8 Figures?
If youโre ready to take your agency operations to the next level and transform your business into 8 figures, the experienced and motivated team at 8 Figure Agency is here to guide and support you. Schedule a free consultation today.ย
