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Optimizing Role Allocation for Entrepreneurial Success
Delegate repetitive tasks that do not add value to a designated person to free up time for core activities such as marketing and selling. Consider hiring an administrative assistant to handle non-value additive tasks and an initial salesperson when required. The timing for hiring a salesperson depends on individual sales proficiency to maximize the return on investment. Evaluate the cost of replacing tasks based on the value generated per hour to make strategic decisions in role allocation.