Episode Details

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In this free book, we highlight the No.1 strategy that’s had the biggest impact on building our own practice to run without the owners 👉https://wizementoring.mykajabi.com/20hourworkweek

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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Instagram: https://www.instagram.com/wize.guys/?hl=en

Email: support@wizementoring.com

Download the full transcript here.

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PS: Whenever you’re ready… here are the fastest 4 ways we can help you fix and grow your accounting firm:  

 1. Download our famous Wize Freedom Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here 

2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here 

3. Work with Jamie and our mentors for 8 weeks - Build a custom business plan for your firm - Apply here