Hands-Off CEO

Push Starting a Car and the Connection to Hitting $100k/mo in Profits

Listen Later

Mandi Ellefson discusses how to get out of the entrapment cycle in this solo episode of Hands-Off CEO.


You’ll hear Mandi talk about:

  1. The entrapment cycle seizes many CEOs. “There's this dynamic where you need to hire more experts to help you deliver the growth, but then you need more cash flow to be able to hire them. So you need more sales to generate more cash, but then you need more capacity to make sales without fear of quality slipping.” [2:41]
  2. “This cycle is just so challenging, and the impact of this is that it turns your business into a time-for-money model.” Mandi shares the effects of the entrapment cycle on a CEO and their business. [4:48]
  3. “You need to have the cash to scale; that’s going to get you from push starting your car.” Mandi describes the four things you need to get out of the entrapment cycle and successfully scale. [6:05]
  4. Bringing in a manager to take over the minutiae lets you focus on working on the business instead of in it. “That team led by your manager is going to streamline increased profits and help you meet those staff demands as you're continuing to increase quality.” [7:11]


    5. Resources

    Mandi Ellefson on LinkedIn | Twitter | Facebook

    Hands-Off CEO - Executive Briefing

    ...more
    View all episodesView all episodes
    Download on the App Store
    Hands-Off CEOBy Mandi Ellefson
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    47 ratings

    More shows like Hands-Off CEO

    View all
    The EntreLeadership Podcast by Ramsey Network

    The EntreLeadership Podcast

    4,413 Listeners

    The GaryVee Audio Experience by Gary Vaynerchuk

    The GaryVee Audio Experience

    16,850 Listeners

    Tropical MBA: Entrepreneurship & Founder Lifestyle by Dan Andrews; Ian Schoen

    Tropical MBA: Entrepreneurship & Founder Lifestyle

    468 Listeners

    Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies by Jason Swenk

    Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies

    123 Listeners

    Build a Better Agency Podcast by Drew McLellan

    Build a Better Agency Podcast

    288 Listeners

    Consulting Success Podcast by Consulting Success

    Consulting Success Podcast

    237 Listeners

    Ditching Hourly by Jonathan Stark

    Ditching Hourly

    55 Listeners

    Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters by Dan Sullivan and Shannon Waller

    Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters

    130 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    586 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,477 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,760 Listeners

    The Agency Profit Podcast by Parakeeto, Marcel Petitpas

    The Agency Profit Podcast

    29 Listeners

    The Jasmine Star Show by Jasmine Star

    The Jasmine Star Show

    2,612 Listeners

    Creator Science by Jay Clouse

    Creator Science

    468 Listeners

    Grow Your Independent Consulting Business by Melisa Liberman

    Grow Your Independent Consulting Business

    73 Listeners