Mike Andes and two others help a small business owner identify two critical problems: cyclical revenue and an admin bottleneck. They argue that hiring a capable administrator for $70-$80K annually would handle email, calls, estimates, payroll, and QuickBooks, freeing the owner to focus on growth.
Assess the business. First off, what's the goal? And then where's— where do you see the problem in the business right now?
Again, goal is just to clean, systemize, stabilize what we have right now. Problem number one, I think, is just the bit— the industry itself is cyclical. No recurring.
Like, I think I'll probably be looking at how do we create recurring revenue so he can actually build a business that runs without him instead of being chained to it.
And then I think we got a big problem on the admin side. Like, and that— and again, don't— that's not a shot at you. He's—
no, and I'm not an admin person. I've had an admin my whole life, and I'm having to do all that because I want want to support him till we can afford it. It's like, we need an admin, but a really badass admin is probably 80 grand.
Surely we can find $70,000 or $80,000 somewhere.
Usually it takes the $80,000 a year to hire a really good admin person that can do all the tasks you need them to do in a day, which includes everything from opening up email, answering phone calls, sending out estimates, text messages, payroll, QuickBooks, all the rest of it.