Forward Thinking · 1-Hour Bookkeeper

Forward Thinking

One of the biggest contributors to my success has been looking forward and planning for the next challenge. It definitely keeps things exciting.

Consider this your company's revenue ceiling is determined by the collective skills of the people contained within it.

When you are in what we refer to as the FOUNDATIONAL phase (getting yourself established and getting your first 10 clients) hiring is probably the last thing on your mind. Totally reasonable.

Here’s what’s interesting…

Most business owners think they need "employees."

Wrong.

You need entrepreneurs at every level.

Here's the math:

• A $1M business = 1 $1M entrepreneur with 2-3 $100k+ entrepreneurs working under them.

• An $10M business = 1 $10M entrepreneur with 2-3 $1M+ entrepreneurs working under them.

• A $100M business = 1 nine-figure entrepreneur with many $10M+ entrepreneurs working under them.

The Pattern:

Your company is just a stack of entrepreneurs at different levels.

The top person sets the ceiling. The people under them determine if you hit it.

Why This Matters:

When your company has MORE entrepreneurial talent than your current revenue level, you've positioned yourself to grow.

Example 1:

At 10 clients you’re probably doing between $3500 - $4000 per month in revenue. Not bad. However your business comes to a halt when you take a day off.

You may also find that when you hit client #10 you may start to feel the pull between marketing your business and doing client work.

So your growth stalls or completely plateaus.

Example 2:

You have 10 clients - you’re doing $3500 per month and you make the jump and decide to hire a P/T (remote of course) assistant. If you are paying $15/hr for 10 hours of work that’s roughly $150 per week.

But it gives YOU 10 hours of time back.

And time is the only resource we have that we can not create more of.

Let them handle your 100 emails per day

Let them handle you 100 phone calls per day

Let them field inquiries

Allowing you to focus on client work, while your firm grows in the background.

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