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How Do You Know When To Spend To Grow Your Business
Manage episode 362204286 series 2435982
“Your time and energy is finite, and we need to protect it with everything that we’ve got.”
- Shelagh Cummins
Are you experiencing the “cash conundrum”? The cash conundrum is what I call it when you know that you need to make a strategic hire in order to take your business to the next level… but you just don’t have oodles of money available to help you take that step.
This is a common issue that affects many business owners at one point or another. So, how do you get over that hurdle and begin building out your perfect team?
In this episode, I dive into the big decisions that you need to be ready to make when you reach the fateful intersection between solopreneur and CEO, why a virtual assistant may not be the best choice for your first hire, and why you need to price your offers as a company rather than as an entrepreneur.
Listen now and you’ll discover:
- The 3 things that you will need in order to grow your business — and the mindset shift that will help you prioritize!
- The infrastructure issue that may be holding you back from seeing the revenue and profit that you deserve
- How to hire someone who will help you earn more revenue, in addition to helping to free up your time
Highlights:
00:01 Intro
01:43 3 things you need
02:38 Cricut story
05:12 Between solopreneur & CEO
06:42 Which role should you hire first?
07:28 Why you are probably underpricing
10:20 How to make the shift
12:59 Hiring for additional revenue
14:28 Hiring options & example
16:04 Scale program
Links:
Scale
https://www.theroadtoseven.com/scale
To work with me and make your next power move, visit:
Stay Connected
Like what you’re hearing? Click here to subscribe in iTunes for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review.” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
189 episodes
Manage episode 362204286 series 2435982
“Your time and energy is finite, and we need to protect it with everything that we’ve got.”
- Shelagh Cummins
Are you experiencing the “cash conundrum”? The cash conundrum is what I call it when you know that you need to make a strategic hire in order to take your business to the next level… but you just don’t have oodles of money available to help you take that step.
This is a common issue that affects many business owners at one point or another. So, how do you get over that hurdle and begin building out your perfect team?
In this episode, I dive into the big decisions that you need to be ready to make when you reach the fateful intersection between solopreneur and CEO, why a virtual assistant may not be the best choice for your first hire, and why you need to price your offers as a company rather than as an entrepreneur.
Listen now and you’ll discover:
- The 3 things that you will need in order to grow your business — and the mindset shift that will help you prioritize!
- The infrastructure issue that may be holding you back from seeing the revenue and profit that you deserve
- How to hire someone who will help you earn more revenue, in addition to helping to free up your time
Highlights:
00:01 Intro
01:43 3 things you need
02:38 Cricut story
05:12 Between solopreneur & CEO
06:42 Which role should you hire first?
07:28 Why you are probably underpricing
10:20 How to make the shift
12:59 Hiring for additional revenue
14:28 Hiring options & example
16:04 Scale program
Links:
Scale
https://www.theroadtoseven.com/scale
To work with me and make your next power move, visit:
Stay Connected
Like what you’re hearing? Click here to subscribe in iTunes for more episodes to boost your Road to Seven today! I have more episodes with great tips and conversations with women that are revolutionizing the way we do business - don’t miss it!
You can also join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.
I would be really grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review.” I’d also love to hear what your favourite part of this episode is in the comments below. Thank you!
Follow me!
Instagram: @shelaghcummins
Twitter: @shelaghcummins
189 episodes
All episodes
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