TIM411: How To Get Knowledge From My Head To My Team

Today on TIM411, Tim answers the question, "How to lead my small team when I have most of the business knowledge in my head?" This is a really good question as it is a problem many entrepreneurs face this problem all the time. Tim shares how you can have your team do their jobs well and help grow your company without needing to take tons of time to get all your knowledge out of your…

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TIM411: What Type Of Team Structure Will Help Me Scale?

Today on TIM411, Tim answers a question from Maciej Godlewski from Fired Up Digital. Maciej wants to optimize his team structure so he asks if switching from skill set silos where for example all SEO experts get all clients who need SEO to a model where a team of experts handle a set number of clients. He wants to know if making this change will help his company grow. Listen in to learn how to…

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TIM411: The Effective Executive By Peter Drucker

    In this episode, Tim recommends you go back to the source material. One of the best thinkers on management was Peter Drucker. He was the godfather of modern management and many people have reused his ideas in their management books ever since. If you've not read The Effective Executive by Peter Drucker, you should get it today. If you want to get in-depth training on operating and scaling your business check out The…

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TIM411: How To Break The Feast Or Famine Cycle In Your Business

    Today on TIM411, Tim answers the question, "If we're not ready or capable to bring on new customers, how do we stop marketing, but not dry up the sales pipeline?" This question is really about flattening the feast-famine cycle that many B2B service providers get into. It also happens in product businesses when they sell out of product, months go by before new stock comes in and then they have to build up…

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Authority: The Big Door In Your Business (Ultimate Guide, Part 3)

This is Part 3 of the Ultimate Guide to Increasing Your Income. If you haven't read Part 1 yet you can do that here, and Part 2 is here.  The most critical part of marketing a service-based business is to create huge authority around your brand. You must be positioned as the most trustworthy, experienced and desirable player in your industry. Without that positioning, you’re going to have to scrape together clients with every bit of…

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TIM411: Want To Make A Fortune? Fix Your Margins

    Today on TIM411, Tim answers the question, "What should my gross margins be?" This is probably the most important metric to measure in your business. Listen in to find out how to make a fortune by fixing your margins. If you want to get in-depth training on operating and scaling your business check out The Bootcamp.   Click here to get your question on TIM411.  

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TIM411: What To Do About Bad Hires

    Today on TIM411, Tim answers the question, "I made a few really bad hires and now I have to fire them, but still need to work to get done. What do I do?" You need to know why you think the employee is a bad hire. Find out if there is a better place for the employee in the company. If not, you must do the mature thing for the good of your…

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3 Little Hinges That Swing Big Doors (Ultimate Guide, Part 2)

This is Part 2 of the Ultimate Guide to Increasing Your Income. If you haven't read Part 1 yet you can do that here. In any entrepreneurial business, it's wise (and profitable) to have multiple streams of revenue. Markets change, audiences change, and you need to be prepared if you want your business to thrive over the long term. If you're running a service-based business, this is even more important. Not only is there a…

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TIM411: Are You Living Frantically In Your Business?

    Today on TIM411, Tim answers the question, "I'm working 12 hours a day, barely see my family, have no free time, make little money, and I reinvest everything back into my business. What should I do?" This is a common problem with most entrepreneurs. When you look around online it seems like everyone is crushing it. They probably aren't. Listen in to learn how to gain 'balance' in your business and life. To…

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TIM411: Should I Pay My Employees First?

    Today on TIM411, Tim answers the question, "Should I pay myself or my employees first?" As entrepreneurs we take on the risk of business in exchange for future reward. Employees trade future reward with limited risk today. So employees get paid first. But the reality behind this question is why is it being asked in the first place? Typically a business owner asking this question has a gross margins problem because ultimately both…

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