051: [Part Four: Money] Set Up Your Agency To Scale Series
Is the fear of not having profitability holding you back from fully stepping into an agency model business? In this episode series on setting up your agency to scale, we’re talking all about money.
This can hold back a lot of done-for-you solopreneurs from growing their team and scaling their business because they worry about not having the means to make it all work.
Take a listen to hear me explore what profitability is all about, why you need to move your CEO pay from being a billable expense to an overhead expense and why knowing your numbers is critical as you step into and own the CEO role.
What’s in this episode:
- How profitability has more to do with how the business is run rather than the business model
- The problem I see business owners making when transitioning from solopreneur to CEO
- Why profitability is not all about percentages but what that money can do
- What happens when you don’t know your numbers
Links:
048 – [Part One: Scalable Services] Set Up Your Agency to Scale Series
049 – [Part Two: Ideal Clients] Set Up Your Agency To Scale Series
050 – [Part Three: Scalable Delivery] Set Up Your Agency To Scale Series
