Tips for improved business automation when working with investors – Idaho Business Review

One of the major challenges in todays changing world is the choice to go about all business activities the old-fashioned way you are used to, or to automate business processes more.

Small examples of business automation would be:

More complex examples of automation would be:

The common objection to implementing more automation is usually, We are too busy raising capital and in meetings with investors to focus on automating our business. This can be true, but the truth is that automation is a skill that is constantly evolving and changing, and the sooner you learn time-efficient ways to implement new strategies, the less likely you are to be left behind as business communication accelerates.

There is a long list of ways to consolidate tasks, repurpose content in order to publish on multiple media channels and coordinate communication amongst your team.

To decide what automation should be a top priority, sit down with your team members and discuss:What part of their daily activities seem mundane or archaic?Where would they prefer to put the majority of their time and energy into work?What automation or software have they heard about that has caught their interest?

This could be a good framework to start making this important decision. Implementing a CRM system such as HubSpot, hiring additional help overseas for entry-level tasks and dividing my email list by profession and region (instead of just one massive list) have been critical to the growth of the Family Office Club. Innovation is the clear denominator to long-term success, and the hesitation to innovate is the clear reason for many organizational downfalls.

Andres Ospina is the managing director for Family Office Club.

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Tips for improved business automation when working with investors - Idaho Business Review