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5 Tips To Avoid A Stressful Sh*tshow of A Business

5 Tips To Avoid A Stressful Sh*tshow of A Business
April, 21st 2024
If I had a dollar every time an old prospect texted me, and things went to shit for their company, man, I would have A LOT of money
In Q4 of last year, 8F met a young, fast-growing entrepreneur
He was growing rapidly, and things were already breaking his business when he came to 8F
He was low on capacity
He was onboarding team members as he onboarded clients
He was flying by the seat of his pants just trying to keep up
And when it came down to it, he opted not to build his business the right way
He opted to leverage the lessons of the real world…and eat shit for another 6 months
Fast forward six months, and I get the above text
His agency didn't grow much at all, probably because his churn was equal to his sales (which I told him would happen)
But he launched a second offer that was exploding and had no operational infrastructure
Learning from experience, he obviously opted in this time
Here are the fundamentals this founder needed to set up to prevent chaos and stress in a fast-growing business:
1. Workflow
Defining his process, first step to the last step
2. Project management & standard work
Templatize each step into his PM software and have clear end-of-day reporting to ensure everything was getting done
This video breaks down everything he (and maybe you) should be doing to fix ops (link)
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3. Capacity tracking
Onboarding talent as clients are coming in the door is an easy way to lose clients
Building waitlists and informing clients what your capacity is shows a level of professionalism and intentionality that all founders want
Setting this up per role is simple math
How many new clients do you get per month
How many clients do you lose per month
How many total clients does that leave you with
How many clients can each role maintain in your company
Plan around those numbers and source in advance
Bang
Capacity planning
4. Source Talent & Delegate
Identify the roles we need to get off your plate and begin sourcing
Leverage Upwork or LinkedIn to find talent but ensure you disqualify the ones that aren't a fit
I show how to DQ bad talent prospects in these videos
Sourcing talent via Upwork (link)
Sourcing talent via Linkedin (link)
5. Manage, Train, Develop
Ensure your talent executes by spending the proper time with them!
Too many founders cut corners, like this guy did, and just throw people at problems
We must put people into effective processes and then iterate on those processes to scale
Here is a training on how you can set up a proper management process to execute this
Watch here (link)
I wanted to test out a new style of email
One where I link training for most steps
Let me know if you liked this or prefer everything written out in long form!
Whenever you're ready, here are 3 ways I can help you
If you're serious about taking your agency to the next level and want my help in doing so, click here to book time for a growth consultation
Your agency will go broke if you don’t know these, watch this video to avoid going out of business
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Stay Happy
Stay Hungry,
Jordan Ross
CEO & Founder @ 8 Figure Agency
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