🎙 Steve Day shares his journey and the reasons behind his passion for systemization and remote working. He discusses the challenges he faced when he moved to Stockholm and had to figure out how to support his UK property portfolio from a distance.
Driven by the desire to have more time with his family and live a location-independent lifestyle, he delves into the creation of his DIDACT Framework, which solves the problems he encountered when working with virtual assistants.
He emphasizes the importance of empowering team members and shares insights on the hiring process, highlighting the need for a structured approach to attract and select suitable candidates.
KEY TAKEAWAYS
💡 The importance of understanding one's values: Steve shares how understanding his values helped him decide to transition from medicine to remote work and prioritize his family.
💡 The DIDACT System: Stands for Description, Inputs, Deliverables, Access, Checks, and Time. This system helps in effectively delegating tasks and ensuring they are done correctly.
💡 The RED method: Stands for Record, Explain, and DIDACT, is a practical approach to systemizing tasks. By recording oneself explaining a task, it becomes easier to delegate and create operation manuals.
💡 Empowering team members: Dr. Steve Day emphasizes the importance of empowering team members, regardless of their location. By providing opportunities for growth, learning, and valuable skills, team members can feel motivated and valued.
💡 Improving the hiring process: Dr. Steve Day shares the importance of having a structured and thorough hiring process. By attracting the right candidates, testing their skills, and conducting recorded interviews, businesses can make more informed hiring decisions and reduce turnover.
BEST MOMENTS
4:51- 💬 “I read loads of different books about finding your way and values and all the rest of that. And eventually landed on his conversation with Dr. Demartini.” - Steve
10:04- 💬 “DIDACT was one of the first real effective systems I ever created... It was a solution to six major problems that I had when I was working with my first ever sort of virtual assistant.” - Steve
16:38- 💬 “The biggest reason small business owners, especially solopreneurs, don't take this leap of faith and either hire their first assistant is because they think they need to get systemized before they hire.” - Steve
28:04- 💬 “So, when you're hiring people and giving them an opportunity to work for a UK-based company... You can offer them a really good wage as well. You can offer them the ability to learn an industry in a country where other people need people with that expertise.” - Steve
30:13- 💬 “I wish in the early days, I put more effort into the hiring process... The problem with that is you're then comparing apples and pears. No two CVs are similar enough to actually have any true comparison objective opinion on.” - Steve
TIMESTAMPED OVERVIEW
06:28 Valuing business over family and health.
09:38 Effective system solving 6 problems in business.
10:22 Clear instructions and understanding consequences increase productivity.
16:01 Reasons why solopreneurs don't hire assistants: systemise, no systems, work falls back on the owner. Proposed solution: RED method - record, explain, DIDACT.
17:05 Creating operation manuals made easier with DoIT.
22:45 Brand guidelines, style guidelines, bio, photos. Feed information to create personalised content.
24:29 Track your time to prioritise and succeed.
27:30 Good work-life balance, valuable skills, high status.
32:19 A Rigorous process ensures candidates meet requirements.
36:08 Passwords shareable, assume visible; use u and a technique, change important ones.
37:02 Easy password management solution for company efficiency.
41:08 Takeaways: prioritise tasks, efficient recruitment, handy acronyms.
VALUABLE RESOURCES
Steve Day
The DIDACT Framework
The Guide to hiring the right team members for your UK Property business
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