The Tow Company Structure..

From the previous post about the Towing company, here’s the structure as promised.

How it works?

Well you can either call the Tow company directly or call the workshop to ask for TOW. Usually I would do the later but it would not be a problem if you call them directly.

As they have secured contracts with the workshops, you don’t have to pay the tow company directly as it will be totaled up in your overall bill inclusive of your repairs.

There was a problem…

The Towkay told me that he cannot RETIRE. He still have over $100,000 for the lorry installments and his kids are still small.

Can he retire?

If you ask me. I think he can but I do not know if his cashflow is enough to do this.

My suggestions.

1) He can hire a tele-operater ( home based ) to answer calls for him - Why home based? To allow him to save money on OFFICE. He doesn’t need one. Furthermore calls from homes are cheaper. A tele-operator will help him contact his fleets to delegate the tasks.

2) Find someone else to drive that lorry.

3) Find a manager that can manage the accounts, admin and run the operations.

So yeah if his cashflow permits, he can do such a thing and consider retiring.

What would you suggest?

If you need to TOWing do keep this Hp no. Vincent Lim 9456 4392.

If this post is archive someday..Just come to my website and type TOW in the search. You will find this post.

Project Management

Well if you have ever watch the Apprentice, the leader of each team - Project Manager is required for every project that was to undertake. Usually they would get the X if their team loses. This posts is about project management because as an Entrepreneur, we need to take on this role whether we like it or not.

So what does it takes to do take on the role of Project Manager in the Web Development Business. Well firstly you need the customer base or people that would engage you. You have to do the marketing…

Secondly you need to have a pool of designers, coders in your contact list. Why one not enough meh? Honestly nope its not enough cos each of them have their own timings and they might be busy with their own clients work. So yeah you do need a bunch of them in case projects come in like nobody’s business.

Thirdly you need to have the knowledge of these designers and coders else they will think that you are joke. I know of some project managers who know nuts about web designing and they give unrealistic expectations to their fellow designers. When you are the project manager you need to deal with the client right. That is why knowledge and experience is important so that you can tell your clients what can be done and what cannot be done.

Fourth - Be the chaser…You have to chase for things else things can’t finish. You have to chase both your clients and your designer, coders for everything..

Fifth - Administration -> I think most guys would hate this role because there’s few things to do actually. examples are invoicing, draft letters etc etc.

What I’m showing you is based on outsourcing concept. Personally I don’t have any FULL TIME designers or coders. Most of them are freelance.

So at the end of the day. How much does the project manager earn? Well I can say usually its around 20%-30% of the whole package. Its a little though but consider these thought. If you have 3-5 projects and each one cost you $700 to $1500. That would be quite a sum right?

Honestly its hard work but it you love what you do does it matter?