Allison MaslanCEO & Business Scaling Expert | WSJ Bestselling Author

Team-Managed Business

5 Aug 2022

Watch on YouTube

This is a YouTube video titled "Team-Managed Business" containing a monologue by Allison Maslan recorded on August 5, 2022. In this content, Allison discusses the importance of building a team-managed company and emphasizes the financial impact each employee should have on business growth, highlighting the necessity of hiring to avoid choking business expansion.

Yes, I want to build a team managed company, but I can't afford to hire more employees. You can't afford not to. Did you know that every single employee should be fueling the growth of your company? Meaning this? They each should be bringing in three to 10 times what you pay them on a yearly basis. That means if you are paying somebody 50,000 a year, just for example, they should be bringing in 150 to $500,000 a year to your bottom line. So by not hiring, you're actually choking the growth of your business.