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Hiring and Delegation 101 with Nick Huber & Shaan Puri | Brought to you by SupportShepherd.com
The Sweaty Startup
Business Success Formula Framework
Running a business successfully involves breaking it down into a formula: incoming leads multiplied by conversion rate multiplied by average contract value equals revenue, which then multiplied by the margin equals profits. By establishing clear metrics and goals for each team in the company, such as lead generation for marketing, lead conversion for sales, and revenue targets for operations, everyone works towards the same overarching objective to achieve success.
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