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- Automations will loose you money
Automations will loose you money
I've been thinking about something that might save you a ton of time (and money).
Most people make a huge mistake when it comes to efficiency:
They try to automate everything.
Here's a real example from last week:
A client wanted to automate their onboarding process. Makes sense, right?
But when we looked at the numbers:
They only onboard 2 clients monthly
The manual process takes 30 minutes
The automation would cost $5,000
That means they'd need to onboard clients for 4 years before seeing any return on investment.
And let's be honest - their process would likely change before then, making the automation worthless.
So before you jump into automation, ask yourself:
How frequently do we perform this task?
What's the time cost of doing it manually?
What's the price tag for automation?
How likely is our process to change?
Sometimes, staying manual isn't just simpler - it's smarter.
Cheers,
Tyler