How to Build a Dream Team and Scale Up Your Drone Business

Today's show is about hiring the right employee who can help you scale up your drone business.

On past ADU shows, we have discussed how you set up an LLC FOR your drone business. Our caller for today, Tom has a question about scaling up his drone business.

Tom is a busy drone pilot who is finding it incredibly difficult to devote time to tasks like marketing and customer service. Needless to say, neglecting these aspects of his business is seriously impacting Tom's long-term prospects.

So, should Tom hire an employee and who can handle some of this workload? If yes, should he hire a full-time employee? Or, is it better to start with a part-time contractor? We explore the pros and cons of both these options. We also share how you can conduct a proper cost-benefit analysis which shall enable you to take correct and impactful business decisions. Listening to this show will particularly help those who are struggling to scale up their drone business.

Thanks for the excellent question, Tom. Fly Safe!

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Timestamps

[01:16] A Special Thanks to out sponsor, Drone U Fly-In

[07:30] Today's question is about hiring your first employee for your drone business

[08:35] Is it better to hire a full-time employee or a contractor? Can you get into trouble for hiring a part-time contractor?

[11:43] Possible scenarios for hiring a contractor

[13:12] Importance of working "on" your business rather than "in" your business

[16:35] How can you determine that you need to hire your first employee?

[19:14] How to apply yourself 100% in your business

[20:08 ]Can you accurately determine your future revenues and take intelligent business decisions?

[21:45] How a proper cost-benefit analysis will allow you to take calculated ris...