Episode 41: How to start your next deep and narrow production team
“All around the world, obviously, there are businesses ~ accounting firms and bookkeeping firms that are no different in adding people.. ‘Hey look, you start next week, you can report to me.’ What happens is, you'll win a few more fees, you'll win a few more clients, and then you'll think, ‘Oh yeah, well I'll just, I'll hire someone else. They can start in a couple of weeks and then you'll say to that person, you can just report to me.’ And so that goes on and on. This was my experience before I knew it. “
In this episode of The Wize Guys Podcast, Jamie Johns together with Wize Mentors, Kristy Fairbairn, and Michael Ferris shared how a deep and narrow team can scale your accounting business.
Find out some of the Wize strategies with great emphasis and weight placed on having a team structure in place today!
Timestamps:
0:35 - The importance of having a deep and narrow team to scale your business
1:11 - What are the different roles that make up the deep and narrow team structure?
2:41 - The impact of traffic flow on production and communication in your firm
4:48 - Finders, minders, and grinders
5:55 - WizeTalent: how to hire your next team member
6:50 - When to restructure your firm (change management tips)
10:17 - Wize’s No-bypass Policy
15:26 - Don’t micromanage, microtrain your people!
15:44 - How to deal with early adopters, middle adopters, and late adopters type of clients
19:25 - How Mick started implementing the deep and narrow team structure to his staff
20:41 - Top 3 characteristics to consider when looking for candidates
22:15 - How a great team structure will benefit your firm’s production and outputs
25:15 - How you can take action today
#wizementoring #team #people
Quotations:
“I always say teamwork makes the dream work.” - Jamie Johns
“You cannot grow without spare capacity.” - Jamie Johns
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Email: [email protected]
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PS: Whenever you’re ready… here are the fastest 4 ways we can help you fix and grow your accounting firm:
1. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here
2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here
3. Book a 1:1 Wize Discovery Session – Spend 30mins with our Wize CEO, Jamie Johns, a $7M firm owner who is ready to give you his entire business plan to build a firm that can run without you – Find out more here
4. Work with Jamie and our mentors for 8 weeks - Build a custom business plan for your firm - Apply here