Peter Vander Wall says once you hit $10k monthly revenue, stop doing your own bookkeeping and taxes. Every hour on fulfillment is an hour you're not selling. Hire it out so you can actually grow the business.
Questions this video answers
Over $10,000 per month.
Chapters
You can't scale if you're the only one who knows how to do the work. I believe if your firm's doing over 10 grand a month, you shouldn't be the one doing all the work anymore. Every hour you spend on delivery is an hour you're not generating money for the business. And your first and foremost job as an entrepreneur is to make money, especially if you're starting out. You are the only one who can drive sales and marketing, but you can't do that if you're buried in tax returns or bookkeeping. You don't need to hire an agency at this stage. You need to hire a bookkeeper or a tax preparer or whatever else it takes to like buy back at least half your day. Because here's a thing. Getting out of fulfillment isn't some luxury that you hope to achieve one day. It's actually the first, most basic step to graduating from an accountant to an entrepreneur.