Have you ever wondered how you can transition from a solopreneur to a team leader? It's a challenging leap, filled with both uncertainty and potential. Drawing from my own experience of starting my first business in 2013, we delve into the journey of scaling up. We tackle the importance of clarity and readiness before making this transition, and share practical advice on when and who to hire.

Imagine the thrill of seeing your business grow, yet also the stress that comes with it. Scaling up is not without its challenges, one of which is personnel management. In this episode, we explore the pros and cons of transitioning from solopreneurship to a team, along with practical advice on timing your hiring decisions. We discuss the need for a validated and predictable business model before expanding your team and why it's essential to stay lean and maximize revenue. From the time investment required for training to maintaining efficiency, we shed light on all aspects of growing a team.

But what if you could maximize profits through smart hiring and outsourcing decisions? That's exactly what we explore in the final part of our conversation. We dissect the value of tasks you are performing and how you can make better business decisions by comparing this to the cost of hiring someone else to complete them. If you're an entrepreneur, whether seasoned or just starting out, this episode is packed with invaluable insights to help you scale your business efficiently and profitably. So get ready, grab a cup of coffee or a glass of mezcal, and let's talk about the art of scaling a business.

* The Importance of Hiring Strategically | 0:15:04 - 0:16:26 (82 Seconds)

0:15:04 Speaker 1 It's like that was my biggest goal is like as a solopreneur, I wanted to get as much of that time back as possible to be able to make money, you know, to get money into the business, right.

0:15:15 Speaker 2 Totally, and I think the solopreneurs, they don't think about it this way. But you like when you're hiring people, every time you're hiring, you're technically not gonna make as much money now for in the short season, so you can make more money in the long term. So it's like okay, you know. I hired all these people and I'm not making as much money, Duh, because you're paying more people. You're paying more people so you can drive more revenue. It's like you bought a shoe that was too big for you. It's time to grow into the shoe. But if you're not placing yourself in those aspects or those buckets of the business that drive more revenue so that you can grow, well, then yeah, it was for no reason. Like you literally got your time back for what To go chill.

0:16:14 Speaker 1 Yeah, I think too there's so much ego that people have around business or they wanna be the man or they wanna be the woman. That's like the business owner, you know. So let's start like hiring people and it's not really methodical or thought out or economical.

Ready to kickstart your entrepreneurial journey but unsure where to begin? This episode is packed with insights on taking initiative, the importance of skill stacking, and developing a success-driven mindset. We also dive into the dangers of entitlement and share valuable tips and resources to set you on the right path.

Discover the significance of having a skill or valuable offering before venturing into the world of entrepreneurship. We discuss the need for staying informed and niching down to stand out in a competitive market. Plus, we explore whether influence alone is enough to launch a business successfully. Be inspired by the story of Jimmy Darts, who used his skill and creativity to make unique, engaging content that ultimately transformed his life.

Character development and hard work are essential for entrepreneurial success. We emphasize the importance of humility, learning from mentors, and maintaining a strong work ethic. Listen in as we discuss the pitfalls of rushing into entitlement and taking things personally, which can hinder your long-term success. Don't miss this episode filled with valuable lessons and inspiration for aspiring entrepreneurs!

--------- EPISODE CHAPTERS ---------

(0:00:19) - Starting an Entrepreneurial Journey (0:12:21) - Finding Your Business Niche and Skillset (0:18:00) - Entrepreneurial Skill Development Importance (0:27:55) - Character Development for Success

--------- EPISODE CHAPTERS WITH SHORT KEY POINTS ---------

(0:00:19) - Starting an Entrepreneurial Journey We discuss taking initiative, skill stacking, avoiding entitlement, and resources for success.

(0:12:21) - Finding Your Business Niche and Skillset We discuss skill, value, informed decisions, and niching down to start a business.

(0:18:00) - Entrepreneurial Skill Development Importance Skill, creativity, humility, and dedication are key to success in entrepreneurship.

(0:27:55) - Character Development for Success Mentors, work ethic, character, entitlement, crypto trading, and big bets are discussed to remain humble and successful.

--------- EPISODE CHAPTERS WITH FULL SUMMARIES ---------

(0:00:19) - Starting an Entrepreneurial Journey (12 Minutes)

We talk through the importance of taking initiative and the hard work required to make it in entrepreneurship. We also talk about the importance of skill stacking and how to develop the right mindset for success. We also discuss the dangers of entitlement in this process and the importance of recognizing what you don't know. Finally, we provide tips and resources to help navigate this journey.

(0:12:21) - Finding Your Business Niche and Skillset (6 Minutes)

We look at the importance of having a skill or offering something of value to the marketplace before venturing into the world of entrepreneurship. We also discuss the importance of being informed and niching down in order to compete in a crowded field. Finally, we explore the idea that influence alone may not be enough to start a business.

(0:18:00) - Entrepreneurial Skill Development Importance (10 Minutes)

We explore how having a skill or offering something of value to the marketplace is just the first step to success in entrepreneurship. We also discuss the need to practice and take risks to hone that skill and to learn how to communicate with a camera. We look at the example of Jimmy Darts, who used his skill and creativity to make unique and engaging content and ultimately, gave his life to Jesus and changed his life for the better. We emphasize that while the change he made was profound, his story is not meant to persuade listeners to go a certain direction, but rather, to recognize the power of humility and paying it forward. Finally, we note that while it is possible to learn and improve skills quickly, it takes time and dedication to acquire the skill sets necessary to become an entrepreneur.

(0:27:55) - Character Development for Success (7 Minutes)

We discuss the need to remain humble and learn from mentors even when faced with difficult decisions and uncomfortable situations. We explore the importance of having a high work ethic and developing character, rather than just having the right skills, to succeed in entrepreneurship. We look at how people often rush to entitlement or take things personally, which can hurt them in the long run. We also examine how people betting big on crypto trading and failing to gain returns is like playing the lottery.

keywords: Entrepreneurial Journey, Skill Stacking, Success-Driven Mindset, Dangers of Entitlement, Valuable Tips, Skill or Offering, Being Informed, Niche Down, Influence, Jimmy Darts, Character Development, Hard Work, Humility, Mentors, Work Ethic, Crypto Trading, Lottery

Could you be missing out on potential profits due to inadequate A-B testing? This episode unravels the importance of thoroughly testing and analyzing data when it comes to client acquisition and profitability in sales. Discover the commitment and work ethic required to scale up a business, as well as the significance of knowing the right data. Learn about A-B testing, the number of variations needed to determine if a campaign is working, and how success doesn't happen overnight—it takes hard work and dedication to achieve the results you desire.

Unveil the elements of a successful landing page and the crucial role a video sales letter plays in indoctrinating potential customers. Find out about the production needs for the video, such as quality audio, camera, lighting, and editing, and the importance of a fast turnaround. Armed with these tools, entrepreneurs can test and adjust their sales process to acquire the optimal number of leads.

Stop the scroll and capture attention within the first two to three seconds with our insights on effective advertising. Learn how to create a 'hook' and foster mystery around your product or service to encourage people to click and learn more. Furthermore, we discuss testing and tracking performance metrics like cost per click, cost per lead, cost per call, and sales conversion. Don't miss this enlightening episode emphasizing the importance of testing and tracking to ensure success in your business endeavors.

0:01:54 - A-B Testing for Sales Optimization (165 Seconds) 0:06:51 - Lead Magnet and Sales Conversion (86 Seconds) 0:12:27 - Production Quality for Free Content (62 Seconds) 0:15:49 - Maximizing Call Bookings and Sales (55 Seconds) 0:19:53 - Optimizing Ad Creative for Efficiency (47 Seconds)

More Recession is coming but what does that mean for business owners?

How can we understand this problem and know what to do?

In this episode we talk about what to do in case you face any issues in your business.

"Gosh, should I start a Youtube? Or a Podcast? Or Instagram?"

Content creation can trigger overwhelm, excitement, insecurities...

Some people expect too much from it and others avoid it like the plague.

In this episode we give our honest take on it along with some practicals and how to get free from the overwhelm or insecurities that come along with creating content on a channel.

The name speaks for itself...

We share exactly how we we would start and grow a business from scratch with no list, no following, just skills...enjoy!

Gosh We've learned so much about leadership over the last 5 years running businesses and having employees.

So many failures as well as super valuable lessons.

There's a difference between knowing leadership concepts and knowing through experience different leadership wisdom.

In this episode we talk about what we believe makes a truly great leader and how you can implement these principles right now.

Please rate and review the show!

Most people pursue business and entrepreneurship for the obvious monetary rewards, the autonomy of creating your own vision, the potential for freedom and impact.

But what if those weren't even the most valuable things you could get from it?

In this episode, Taylor and Spencer discuss how entrepreneurship has changed them, grown them, and freed them.

Entrepreneurship is a vehicle for personal growth and we don't want you to miss out.

Check out this week's episode and let us know what you think in the ratings!

I rarely hear business owners share their biggest failures and how those moments formed and shaped them.

Taylor and I would have felt far less crazy than we did if we had just heard other business leaders share their vulnerable losses.

So...

In this episode we share our literal worst experiences.

We spare no detail.

We hope it's valuable.

Spencer has personally spent over $5 million of his own money in last 5 years on paid ads.

Taylore and Spencer have set up ads for their clients and were profitable in under 30 days.

Marketing is more than just ads, but in this episode, they share everything they've learned in this process of scaling traffic.

Enjoy.

And if you enjoy this episode or others, please take 20 seconds to rate and leave a review!