Listen on Apple | Spotify | YouTube | Android | Google
In the fourth and final part of my profitability series, I’m sharing some of my best tips on how to hire a team that is actually profitable. No matter what your experience has been with teams in the past, I promise you there is so much value in outsourcing strategic tasks in your business and attracting the right people for the right roles. Be sure to check out parts 1-3 in my profitability series, linked below!
Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!
Check out the full profitability series!
In this episode, you’ll learn:
0:00 Why teams are the capstone of profitability (when done right)
5:41 The crucial elements of a profitable team
7:10 How to identify the roles you need to hire
16:25 Effective ways to find the right people for your team
20:30 How to know how much you can afford to pay your team
23:25 Training and retention methods to maximize ROI
Click here to listen to this week's episode!
If you love the podcast, please leave me a review on Apple podcasts and share with a friend! This helps me share more knowledge with people like you so they can become more financially literate, create more profit in their business, and feel more financially stable and secure. Click here and scroll to the bottom to leave a review and make sure to let me know what you're finding the most helpful!
Do you have a question or topic you’d like me to cover on the show? Click here to send us your submission!
I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
Connect with Sarah:
Catch all the video versions of the podcast on YouTube
Get in touch with Sarah to add a CFO to your team