Topics covered in this Episode:
- We discussed the significance of defining and sizing a team, as well as strategies to shorten the business runway by hiring outside of comfort zones.
- We touched on the importance of financial faith in business, mentioning that there is usually money coming in and how this influences decisions primarily related to the founder.
- The topic of hiring was tackled from an innovative perspective, arguing that hiring employees should be viewed as an opportunity rather than an expense. This concept was further expanded upon with the idea of leveraging a line of credit for capital.
- Jeff shared his personal journey to becoming an agency owner, discussing the challenges and acknowledging that entrepreneurship isn't for everyone.
- The discussion concluded with reflections on potential mistakes, such as putting all eggs in the same basket and questioning whether certain actions could have been taken sooner. It also distinguished between profit centers and expenses in a business setting.
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https://s.bcast.fm/business-unfiltered-with-chris-mercer-and-jeff-sauer?episode=x8yqjzx8
