Stupid Tax
#16 - Return on Hassle
Dec 18, 2023
Exploring the cost of hassle in business activities, focusing on the value of having the right clients. Discussing the benefits of profitable clients who are easy to work with. Emphasizing the importance of saying no to unprofitable projects for increased success. Reflecting on navigating client preferences and setting business boundaries.
46:25
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Quick takeaways
- The importance of having profitable clients who are easy to work with and align with your business model.
- Simplifying business operations and avoiding unnecessary complexity to maximize efficiency and productivity.
Deep dives
Return on Hassle in Business Decision-Making
Making business decisions based on Return on Hassle involves considering the effort required versus the payoff. The podcast delves into the importance of assessing Return on Hassle for small business owners when evaluating their current or potential ventures. An example shared involved a risk-reward framework where efforts and payoffs were rated on a scale, emphasizing the need for simplicity and effectiveness in business operations.
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