Angel Investing, Entrepreneurship & Learning

Brock Blake blogs…

Projects & Meetings

One of the things that we have been focusing on lately at FundingUniverse.com is being more effective through projects. In other words, sometimes companies are too task-oriented and forget how their project contributes to the overall success of the company. As a result, there is a lack of accountability and ownership.

Once we identified the concern, we have been trying to find a way to be more effective with our time by assigning very specific projects to various members of our team. Once the project has been assigned, that person will perform the preliminary research and then bring the concept back to the team for an idea/brainstorming session. During the brainstorming session, we try to flush out all of the ideas and decide on a concrete plan of execution. Once the plan of execution has been developed, we then depend on the project leader to execute on the plan.

To facilitate this process, we’ve decided on a more fixed schedule during our workday:

  • 8 - 10 am = Professional development/learning, emails, project execution
  • 10- 12 am = Team meetings/brainstorming
  • 12 - 1 pm = Lunch
  • 1- end of day = Project execution
  • 2:30 pm = Office Shootout (each team member gets 10 shots on our nerf office bball hoop — whoever makes the most gets the prize watch for the day! You gotta have a little bit of fun. :)

I’m anxious to see how this goes. I’m excited about doing this because it will allow team members to take ownership of a project and really contribute to the team. I’ll keep you posted on how it goes. If any of you have figured out a more effective way of executing, let me know.

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