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Charting a Course for Business Growth and Payroll Harmony
Manage episode 426826477 series 3535110
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Embark on a voyage through the tempestuous seas of business expansion with your seasoned navigators, Seth Mills and Nik Dawson. We tackle head-on the reality that an employee's dedication is often not a mirror image of an owner's—unveiling strategies to bridge this gap and foster a culture of commitment. Through our personal encounters, we dissect the pros and cons of commission versus hourly wages and how these financial frameworks can impact the quality of work from your team. Plus, we share our own struggles with entrusting new team members with the pillars of our businesses, and how to scout for that rare gem of a hire who can elevate your company to the next stratosphere.
As the captains of our respective ships, we chart the course through the choppy waters of small business expansion, where every decision can feel like a gamble on the high seas. We exchange tales of navigating treacherous pay rate negotiations and the siren call of investments that promise growth. With a firm hand on the wheel, we confront the dilemma of delegation versus control, steering through the complex process of putting trust in the hands of new hires when it comes to company assets. From tackling payroll discrepancies to the importance of accountability tracking, this episode is a treasure trove of insights and strategies for entrepreneurs ready to hoist the sails and catch the wind of business success.
Chapters
1. Hiring and Growing Companies (00:00:00)
2. Expanding Business and Hiring Employees (00:10:31)
9 episodes
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