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How will I do it?

How am I going to set about this challenge, what’s my process? That’s a question I asked myself, but I kind of knew the answer already, its a tried and trusted 3 stage method.

  1. Reflect and Research
  2. Plan
  3. Act Decisively

So first I need to reflect on what am doing, what resources I have, what I know and need to know and what limitations are placed upon me. In other words to think and research and learn.

When I feel that I really understand what I am doing and how succeed, then I will proceed, but not before. So my website and photos and prices won’t change just yet (although I strongly suspect they will change later). Right now I need to reflect and research.

As part of my research I need to honestly assess where we are today. To help me do this I created a spreadsheet listing several dozen things which I really need to do right to max out my rental income. My aim was self-awareness, to truly assess our rental ‘product’ and my activities against each line item, and hence to create a score – my ‘rating’, my percentage towards perfection, my place on the long road to my dream. And I decided that I should score myself regularly and harshly, after-all as I progress my rating will increase, and my progress will move faster. And, or course, the absolute value of my rating doesn’t actually matter; its only their to track my progress.

Thinking this through I quickly realised that some items on my list are simply more important than others – they have a much greater impact. That’s not to say that I should ignore others, but remain vigilant to work on the high impact items first. And I also realised that some activities only work well IF something else is done well. There are chains of cause and effect in what I do.

For example : I might create an absolutely fantastic website for my holiday homes, but if I don’t do anything to get it seen by potential guests then its a total waste, a white elephant. I could spend ages building a presence with an online holiday booking sites, but if I haven’t researched the best online sites and I’m on a poor site I will have wasted time and money and opportunity.

So I realised that my simple spreadsheet self assessment won’t work, not without adding impact and chains of cause and effect. So then I set about creating a new Self Assessment Tool. I decided to create it online, as that way I could get to it at any time, and make it more sophisticated and yet easy to use. Its almost ready for use and the great news is that I will publish it so that you can use it too, for FREE! Look out for the post on my free Self Assessment tool for Holiday Home owners soon.

Go on, share the joy!
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