How to step up from one man doing all to a team to see the growth in my business?
In my work with startups as I am a shareholder, Non-Executive Director, mentor, consultant, investor, or a combination of terms in few very promising projects I see this question time and time again from founders who are starting from their bedroom or kitchen table.
I was able to find a very relevant answer which was supposed to be for a residential exterior builder business but explains in a blunt way the importance of having the right team beside you.
So let’s look at the mathematical approach for the problem:
Let’s start with the fact that it takes you 1 day to sell one roofing job that takes you 13 days of labor to complete where you make a $5,000 profit.
At most, you can complete 26 jobs in a year making you $130,000. If however, you only sold the job and hired out the labor, you will now only make $1,000 per job. Your income for 26 jobs (or 26 days of work) is reduced to $26,000. However, you gained an additional 338 days (13 days of free time * 26 jobs) to sign more jobs.
