The #1 Thing Holding Entrepreneurs Back

The #1 Thing Holding Entrepreneurs Back

Ep. 53: The #1 Thing Holding Entrepreneurs Back

Summary

In this conversation, Ryan Englin and Tom Marino discuss the challenges faced by entrepreneurs in finding work-life harmony and growing their businesses. They debunk the myth that entrepreneurs have to do it all themselves and emphasize the importance of delegating tasks to a competent team.

Tom highlights the need for systems and processes to ensure consistent quality and efficiency. He also stresses the importance of branding, prospecting, sales, production, and building relationships in running a successful business.

Tom shares insights on hiring and retaining employees, and the importance of investing in people to achieve time freedom. The conversation concludes with an offer for listeners to receive a free copy of Tom’s book, “The Atomic Game Changer,” and to schedule a free 30-minute consultation with Atomic Business Coaching.

Takeaways

  • Entrepreneurs should delegate tasks to a competent team instead of trying to do everything themselves.
  • Systems and processes are essential for consistent quality and efficiency in business operations.
  • Branding, prospecting, sales, production, and building relationships are the core activities every business owner should focus on.
  • Hiring and retaining employees who can do 60-80% of what you do is crucial for business growth.
  • Investing in employees is an investment in time freedom and can lead to significant returns.

Chapters

00:36 The Biggest Myth: Doing It All Yourself

04:22 The Challenges of Running a Business

05:37 The Need for Training and Education

07:02 The Five Core Things Every Business Owner Needs to Do

08:43 The Importance of Branding and Reputation

10:33 Finding Employees Who Can Do 60-80% of What You Do

11:41 Surrounding Yourself with People Better Than You

13:14 Employees as Investments in Time Freedom

14:39 The ROI of Investing in Employees

15:56 The Entrepreneurial Roller Coaster

16:41 Deciding What to Delegate

23:15 “Atomic” Offers

Connect With Tom:

Website: https://www.atomicbusinesscoaching.com

LinkedIn: https://www.linkedin.com/in/tom-marino-06957a29/

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