Episode 2: Are you on the right track to building a business that runs without you?
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Episode 2: Are you on the right track to building a business that runs without you?
“You've gotta find the right people, you put the right training in and you can tell that they're the right people because you can see them progressing. You teach them once, you teach 'em twice, and they get it.”
Today I'm joined once again by Ed Chan and Jamie Johns. Ed and Jamie, along with me, your host, Brenton Ward, founded Wize Mentoring to help Accounting and Bookkeeping firm owners scale their businesses.
In this episode, we talk about removing yourself from your firm's everyday operations and developing relationships with your team leaders. Another big topic we discuss is the importance of hiring the right people! Delegating is very important and we give practical advice about how to do that smoothly.
Timestamps:
1:07 - The concept of 80-20 rule
4:14 - The importance of developing relationships
8:10 - Reasons why you need to create a blueprint for recruitment
11:34 - How capacity planning helps in measuring performance
18:34 - Being in control VS being controlling
23:35 - Benefits of conducting regular team meetings
29:10 - How to start your withdrawal journey from the business
32:58 - Tips for training people effectively
36:30 - How to put parameters in delegating work
Quotations:
“The 80-20 rule basically says that 20% of activities give you 80% of your problems. So for me, it's about planning. If you spend more time planning then you spend less time reacting.” - Ed Chan
“Time is still one of the biggest constraints in growing our business.” - Brenton Ward
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Email: support@wizementoring.com
Download the full transcript
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