If you have the skill to get other people to do things for you, you can build a successful business. However, you need to understand the basics of the business to identify who can really deliver. Scaling a business requires focusing on the fundamentals and avoiding unnecessary complexity. You need to know how to build a good product, sell it, and have a team. Initially, your goal is to generate cash flow. As you progress, you delegate tasks that consume the most time and cost the least. This is the essence of entrepreneurship.
In today's episode, Andy & DJ are joined in the studio by Alex Hormozi. They answer your questions on what you should not compromise inside your business, where to draw the line between hiring out as opposed to developing the skills needed, and how to deal with "yes" men as an entrepreneur.