Leveling Up with Eric Siu
How To Build a Business with No Employees with Ian Blair
Sep 11, 2023
Entrepreneur Ian Blair discusses leveraging hiring agencies for faster growth and cost efficiency in business. He shares insights into the rapid growth of the e-commerce industry, hiring creative agencies for branding, and best practices for running an e-commerce business.
14:37
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Quick takeaways
- Strategies for leveraging hiring agencies to achieve faster growth and cost efficiency are discussed.
- The e-commerce industry offers unique opportunities for fast and consistent growth by targeting non-discretionary consumer goods with a strong brand presence and high margins.
Deep dives
Building a Business with Minimal Employees
This podcast episode discusses the possibility of building a business with minimal employees. The host shares his own experience of having a business with only himself, his co-founder, and his brother. He emphasizes that not all businesses can scale without employees, but certain types of businesses can. The key factors for achieving this are having a suitable business model and finding ways to leverage time effectively. The speaker gives an example of his own business, BuildFire, which requires some employees in core functions like customer support, sales, engineering, product development, and marketing. However, they have been able to outsource certain functions and work with agencies to increase efficiency and speed.
