The Sweaty Startup 369: How to build a valuable business that sell - Part 2
5 snips
Jan 10, 2024 Learn key skills for building a valuable business, including delegation, hiring, firing, and networking. Understand the importance of adding value and acquiring specific skills. Discuss the goal of building a business for financial freedom through creating value and cash flow.
AI Snips
Chapters
Transcript
Episode notes
Leverage Selfishness to Network
- Everyone in business, from customers to employees, acts out of selfishness.
- Leveraging this selfishness by adding value first grows your network exponentially.
Add Value Before Asking
- Become a master at a specific skill to bring value to networking events.
- Always seek to add value to others before asking for help.
Delegation Grew Plumbing Business
- A plumbing business owner worked 10 hours daily but never took a vacation in 15 years.
- After delegating and empowering staff, the business grew revenue 50% from $6M to $9M in about one year.