How do you staff to the valleys and sub contract to the peaks? Carl shares some insights on how to get along in all markets.

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Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.

We should all look at expense production exercises in order to get more lean so that we can in turn pass along the saving to the client or get more competitive or be able to put more features into your product or service. There’s no question about that, what I’ve seen especially recently is the growing opportunity to outsource and a--I would be looking at that big time as a matter of fact we--we say to our clients that you should staff to the valleys and sub contract to the peaks in other words keep your fixed cost as low as possible and build an army of subcontractors and other agents and other businesses in strategic alliance partners so that when you get busy you can manage the peaks without taking on a lot of fixed over heads. You know one of the scales you need as a business owner is your ability to expand the business to meet demand, but also you have to be able to contract or shrink your business during off peak times.

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.