AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Invest Wisely, Manage Efficiently
Effective capacity planning is crucial for managing workloads while finding the right balance between hiring technicians and acquiring jobs. Personal investment strategies should prioritize diversified portfolios, with a focus on stable options like the S&P 500, while being mindful of the complexities tied to real estate management. Selling off excess properties can be a prudent strategy to reduce management burdens and enhance investment focus. Additionally, investing in businesses where one can directly influence outcomes is emphasized, particularly in home services with the potential for significant returns. Knowledge and effective reporting in investments are key; understanding profit margins is essential, with profitability in the millions being a benchmark for hiring a CFO, while fractional CFOs are advisable for lower revenue firms.