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Key takeaways
- I mean, like if you're looking at any kind of business and you're looking at the model, it's like, okay, owner operator versus the subcontractors.
- You don't have much control over them.
- So I think you have to understand what your goal is with the business and what your goal is personally.
- Um you know for example if somebody were to say hey should I owner operated you know scale my gyms or should I you know do a franchise it's like okay well what's the goal and how fast do you need to get to the goal and I don't assume that everyone has the same goals.
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Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00Zack Fine 5739. Do you think starting a lean remodeling company, owner operator, is better than hiring subcontractors out or vice versa? I honestly just think it's trade-offs. I mean, like if you're looking at any kind of business and you're looking at the model, it's like, okay, owner operator versus the subcontractors. It's just like pick your poison of what problems you're going to have. So when you have subcontractors, you have less control.
0:35You're going to have more times or more problems with people being loyal. You're going to have more problems with, you know, people being flaky. You don't have much control over them. If you have owner operator, you're going to have more control. You're also going to have more responsibility. You have more that you have to have oversight, more compliance. Um, but you're going to have more loyalty, more stability. So I think you have to understand what your goal is with the business and what your goal is personally. Um you know for example if somebody were to say hey should I owner operated you know scale my gyms or should I you know do a franchise it's like okay well what's the goal and how fast do you need to get to the goal and I don't assume that everyone has the same goals. So, it's like maybe you want to build a enormous business that can be the best in its niche or maybe you want to build something that you can sell quickly. Then I think like you kind of have to know what goal you're optimizing for which is why I'm really bad at answering questions like this. What would you say?
1:37>> Yes. Real quick, I'm going to show you the exact 10 stage road map from zero to 100 million plus that less than 1% of companies finish. I've now done multiple times. And so I can say with a lot of confidence that these are the stages as headcount increases that you need to get through. And I broke each of these down by eight different functions of the business. What the constraint feels like like what are the symptoms of it when you're going through it and then what steps we actually took to graduate. And we've done this across software, physical products, uh, service businesses, brick and mortar, all of this, and it works. And it's my gift to you. It's absolutely free. And so the link's in the description, but you just go acquisition.comroadmap.
2:18Just enter your info and it'll spit it right back to you. Offering.