Three key areas essential for any business that wants to reach its full potential include:
· Breaking the bottleneck through delegation.
· Being purpose-driven & people-centric.
· Mergers and acquisitions.
Delegation helps a business owner to free time and focus on other essential business tasks. However, it is vital to find and hire the right team. You want to surround yourself with smart, trustworthy people with the skills and experience necessary to do the job well.
When you have a clear purpose and put your people first, you create a culture where people are motivated to do their best work. To be purpose-driven, you must clearly understand why you are in business and what impact you want on the world.
Lastly, mergers and acquisitions can be a powerful way to grow rapidly. By acquiring a competitor, you can have a larger market share and reach new customers.
Join this conversation with Orrin Klopper as he shares more about that through his business which has seen massive growth over the last few years (3 acquisitions in the last year and 2 in preparation). Orrin is the CEO & accelerator of dreams for the doers, who helps turn dreams into reality for team members, customers, shareholders, fellow entrepreneurs & families. He co-founded Netsurit with a vision to build an IT Managed Service Provider (MSP) that truly helped its customers achieve their dreams.
Tune in!
Key Highlights from The Show
[03:01] Introduction to the show with Orrin Klopper
[03:44] The key thing Orrin advises from his over 29 years of entrepreneurship experience
[06:33] Tips to ensure the person you are hiring is the right person
[13:32] How to remove your business bottleneck through effective delegation
[22:07] Why breaking bottlenecks is the only way for a business to grow
[23:12] What Orrin attributes to the massive success of his business
[29:18] Achieving business growth through mergers and acquisitions
[33:41] What’s next with Orrin’s business in the coming years
[36:59] How to reach out and connect with Orrin
[37:32] Ending the show
Notable Quotes
· A candidate being hired should be more than just fit for the job. The company should also be fit for the candidate.
· You should take as much time as you need to hire someone and, in the meantime, deal with the situation as you can.
· When you hire the right people, you avoid the bottleneck of having everything tied to you in the business.
· The faster your business grows, the harder it becomes to get a balanced team.
· Breaking bottlenecks is what enables businesses to grow. One of the ways is by letting go of some business operations to people around you.
Resources Mentioned
Topgrading, by Brad Smar: https://amzn.to/3MMcOsc
The Founder's Mentality, by Chris Zook & James Allen : https://amzn.to/3MMcSYY
Start with Why, by Simon Sinek: https://amzn.to/47hSzKY
The Private Equity Playbook, by Adam Coffey: https://amzn.to/3R2CdAd
Connect With Orrin Klopper
LinkedIn: https://www.linkedin.com/in/orrinklopper/
Website: https://netsurit.com/
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