This is a YouTube video titled "How automating your business can help it sell more easily | Noah Bragg, Founder of Potion" containing a discussion featuring Noah Bragg about automating business processes to reduce founder involvement, improve transferability, and increase business valuation. The content is from July 18, 2023.
Something that I noticed people appreciated was I was kind of just trying to automate more things and actually make it so it takes less of my time. Even with like, customer support and things like that, and just being able to get like, the amount of time that basically I have to spend on the business down to hours a week, people seem to appreciate that, that like, take a ton of time to kind of keep this business going. And I've heard people talk about, like, you know, that's maybe the benefit of like, hiring employees or things like that for your business where it starts to get. It's not like, all just connected to the founder, where, like, you have to have person there to make this business run, where you can kind of separate things and automate things, then it's just easier for that to then transfer over to somebody else. Like, those steps helped to make it.
Just a easier.
Process, hopefully. Oh, absolutely. That also increases.
Your valuation too. Automating and really just getting your business to a point where it's called like, keyman risk, where if you leave the business, it just doesn't work and that sort of stuff. So you kind of want to make.
