Short transcript from a YouTube video discussing transitioning from solopreneur to business owner by factoring hiring costs into client rates and prices so you can afford necessary hires rather than remaining stuck doing all the work yourself. The speakers emphasize flipping mindset and raising rates (e.g., charging 3–10x) to hire needed staff.
And in the beginning, you may not have all the money to hire all.
Those people, which is.
Completely fine, but you want to hire what you can hire for in.
The beginning, which is like.
And then that's where it comes down to, like, building those. Building the cost into the rates and into the prices.
That you build a client. Because if you don't, then you're going to be stuck doing it yourself, you know? Yeah, yeah. That's what I need to start doing is. Yeah. Because it's like, you look at it.
As like, oh, I'm doing all this. Like, you know, 1500.
For a day would be great.
It's like. Yeah, but like, you. You can't hire the people you need to hire at 1500.
Like, you got to do it at.
3 or 4 or 5 or 10. Right.
So that's where it just like, you.
Gotta flip that mindset from solopreneur to.
Someone who owns a business. So definitely.
Yeah.
Appreciate it. Absolutely, dude, absolutely.
