What resources do you need?
August 15th, 2013 by Agent Kevin Miller
In pursuing self-employment, or growing your current free agent gig, do the lack of resources hold you back?
My wife and I are finally ready to make a barn happen. Between tools and toys and projects, we need a place to organize and protect things. And as my son and I ramp up our woodworking, we need a big place for drying wood and building.
And hey, if we’re going to build a 20×30 barn, might as well go tall and make two stories with space for my future office!
So what has to happen for it to become a reality? It generally comes to three steps for me:
- Knowing what to do – Basically…planning. Deciding the WHAT…what it’s going to be…style, design and such. We’re doing a pole barn.
- Gathering the resources – This is more than lumber. It’s time and money and know-how. I have most of the know-how, but doing some research. I have the tools. It won’t cost much money since I can mill my own lumber, but it will take time. Do I take it from workdays (which costs me money) or spread it out on weekends? But then the biggie is lumber. It has to be gathered and milled before we can build.
- Starting the build! – I love this part, it’s actually making it exist!
I have a similar process going on with a new platform and evolution of my business. It took a lot of time to get through #1. Number two has mainly revolved around resource needs of a team and an influx of money. Next week should see this accomplished and we’ll be ready for #3.
What I know about myself is I love #1 and #3. I fall asleep most nights like a deadman, but when I’ve got a project I’m dreaming on, whenever I’m woken (often by a kid!) my mind starts going and I can’t get back to sleep. I like being still and putting the pieces together in my head, then getting pen to paper or fingers to keyboard to get more specific.
Once the plan is in place, I’m eager to build! But…that middle part. Getting the resources together…that’s where I get bogged down and, well…procrastinate. I just want to go build!
I was out measuring the spot for the barn a couple days ago…I can see it in my mind. I’m ready to erect the sucker! But heck…I’ve got a lot of materials to gather first.
So it’s details and list making time. What do I need? Where must I get it? In my case, there are some expenses. Some foundation equipment of concrete and supports and hardware and metal roofing. Then the wood. I have a mill and a friend with a lot of pine already cut and partially dried from a road clearing project. But there is a good amount of milling to be done. So when…what weekdays will I take, and how will I flex my work time to accommodate? What weekends will I use and coordinate around family activities? When do we officially start the process?!
What about you? If you have a free agent pursuit in front of you, or a new campaign for your business…where do you get bogged down?
#1 Knowing what to do?
#2 Gathering the resources?
#3 Starting the build!
What part excites you, what part derails you?
For those who, like me…get bogged down in ‘#2 Gathering the resources’, what is the primary sticking point?
- Time – finding the overall time along with the current demands of your life to put in the required, consistent deposits of effort, or committing to a start date?
- Money – to pay for labor and counsel, materials, training, much of what overlaps with…
- Know-how – You either have it, you need to obtain it, or you pay for it.
I had a friend once tell me, in regards to building my house, it would take Time, Money and Know-How, and I needed to look and see what I had most and least of. Great counsel I’ve never forgotten and I always have it in mind when looking at a new project.
Often I find people who don’t really understand what resources are actually needed for pursuing a business idea. My best counsel…get counsel. Pay for it or ask for it.
Where do you get bogged down? Do you understand the necessary resources you need in order to ‘Start the build’?