The Five Podcast

5 Employee Systems That Scale to 8-Figures ($10,000,000/yr)

6 snips
Mar 6, 2025
Discover how to create your own market by leveraging activation points that convert leads into clients. The discussion highlights effective project management tools that prioritize accountability and efficiency. Learn about financial management through daily bookkeeping and the urgency-importance matrix for mastering task prioritization. Gain insights into motivating your team with competitor analysis and nurturing a proactive work culture, all essential for scaling your business to eight figures.
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ADVICE

Project Management Accountability Champion

  • Appoint a project management champion to ensure task updates and accountability in the system.
  • Paying $2,000-$3,000 monthly for this role can add $50k-$150k in value to a seven-figure business.
ADVICE

Effective Project Management Setup

  • Organize projects with recurring tasks on the left and manage task priority using to-do, watch, and later lists.
  • Use clear labels without acronyms and separate boards for client work and internal tasks to simplify management.
ADVICE

Task Prioritization and Accountability

  • Label tasks using the ABCDE system to prioritize: A for urgent, E for eliminable, and delegate what you can.
  • Include in employee contracts mandatory PM tool usage with deadlines and advance notice for delays to enable firing if repeatedly unmet.
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