EP353: Are You Ready for a Market Correction? Is It Time To Simplify Your Business & Cut the Fat?

Alex wants to help you set your business up for success before a market correction. The more complex your business is, the harder it's going to be to recover if the market takes a turn for the worse. Is your business as simplified as it possibly can be? A bigger team doesn't always mean a bigger revenue. It might be time to look at it and trim some of the fat.

Key Takeaways:

• Alex just hosted his first mastermind retreat in Miami with his ASCEND family, and it was a huge success!!
• How do you simplify your business? How do you accomplish more with less? And how do you lean out your business?
• Has you business become more complex over time?
• A bigger team doesn't always mean you'll have more revenue!
• Does your team bring in 3-5x what their compensation is?
• Alex knew there was a team member that wasn't generating the results he was looking for and he held onto that person longer than he should have.
• Listen to your gut. It's usually right!
• Alex shares an example about a tough deal he recently closed on.
• Remember, you get paid to solve problems!
• Enjoy this episode? Please make sure you're subscribed (and share it)!

Mentioned in This Episode:

Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND

Let's Connect on Instagram: @alexpardo25

Tweetables:

"We are heading into a period in the market where it's going to shift and you have to analyse your business and put yourself in a position to prosper."

"Is this business becoming more complex or is this as simplified as it can possibly be?"

"With every team member I have, are they bringing 3-5x what their compensation is?"

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