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How to Leverage Projects in Your Business to Earn More Money - Financially Well Off
Financially Well Off

How to Leverage Projects in Your Business to Earn More Money

Antonio is an economist with an MBA from London Business School. He's been awarded Thinker of the Month by the Thinkers50 and is the author of his recent book “Project Revolution.”

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Key Takeaways

  1. Having a strong purpose can help you succeed in completing your projects.
  2. Don't take on more than two or three projects at once.

Podcast Interview Notes:

1. What's a project?

A proven mehtod that’s simple and helps you execute your ideas successfully. There can be many ideas out there, but only the best get through and require good project management.

2. How can entrepreneurs ensure that they accomplish most of their projects?

One of the challenges with projects is that they’re easy to start but hard to implement at the right time.

Companies like Apple often breakdown their ideas into projects and test them for several years. For example, Apple worked on their smartphone idea for several years before it launched its first-ever smartphone.

3. How can we incorporate the project canvas to our business?

The project canvas is composed of several factors.

It starts with having a strong purpose on a specific project. Then, defining governance to know what you’re accountable for. The final step of the project canvas involves having a deadline.

A deadline sets a clear timeframe for when to expect a project to be completed. Implementing too many projects at once isn’t recommended. Instead, focus on two to three projects.

4. ​Why are we becoming a project-drive world?

In the past projects lasted almost a decade.

Today, most projects last a year or two. This means you need to react faster if you don’t want to be left behind your competition.

Money Round

If you had to start all over knowing what you know now—how would you start making money in the next 12 months?

I’d focus more on what I’m passionate about until I became an expert in my field.

What advice would you give to people who are currently struggling with their finances and feeling hopeless?

Even in tough situations, it’s important to view them as a learning opportunity.

Ask yourself questions like “What can I do to make this situation better?”Eventually, these type of questions will help you become stronger and triumph in those challenging times.

What does money mean to you?

Money buys me freedom, time with friends, and visiting different parts of the world.

Money also reflects the quality of my work and lets me know when I’m doing something important.

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About the Author Chris

Chris writes personal finance and productivity articles for software companies. He gets fresh ideas through continuously investing in himself and interviewing successful entrepreneurs.

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