How much money does the speaker say was wasted due to scaling too fast?

George FoleyTalent Partner Coach

Faster You Scale More Things Will Break #shorts

4 Mar 2023 · 0 min

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0:21

A short YouTube ‘shorts’ clip (by George Foley) warning that scaling an agency too quickly leads to more mistakes and financial waste. The speaker says his agency lost "at least over 500k" due to moving too fast and over-hiring, and advises hiring only for the right reasons to avoid similar costly errors.

Questions this video answers

"At least over 500k" (the speaker's phrasing).

The faster you wish to grow your agency, then the more mistakes you will make, which means the more money you'll waste. So I've wasted at least over 500k in terms of mistakes because we went too fast with the wrong strategy. That was maybe over hiring too fast. When I tell you guys to hire, it's for the right reasons because there's not really a downside to the type of hires you're making compared to maybe the ones I did in the past.