This conversation discusses the evolutionary stages of business growth and the importance of building a team. The stages range from doing everything alone to having a fully functioning business with executives and directors. 

The conversation emphasizes the misconception that as a business owner, you can pick and choose how you spend your time as your business becomes more successful. 

It also highlights the fallacy that hiring people and outsourcing functions automatically buys back your time. The key is to hire the right people, manage them effectively, and delegate work to free up time for strategic activities.

Takeaways

Building a team is crucial for business growth and success.

The stages of business growth range from doing everything alone to having a team of executives and directors.

Hiring people and outsourcing functions does not automatically buy back your time; effective management is necessary.

By hiring the right people, managing them effectively, and delegating work, you can free up time for strategic activities.

The goal is to reach a stage where you can choose how you spend your time and have the freedom to focus on what you enjoy most.

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To Watch the Episode on YouTube: https://www.youtube.com/@oncallcoo