I love the phrase from multi-millionaire Dan Kennedy, who said: if you can build a multi-million dollar business with 10 people — why would you need more? If you can do it with 3 — even better. If you can do it with 1 — fantastic. If you can do it alone — simply brilliant.
There's no point in inflating headcount just to have an impressive image. I'm for efficiency. Yes, most businesses in production and services need more employees. Most are dependent on their team — and that's great! It allows you to assemble the best people. In some cases, for example in consulting or expert businesses — you can work solo and earn very well. The question is always: what's the goal? What does the business model require?
On building a team: there's a lot to say. There are different technologies for team motivation — working with metrics, KPIs, building processes. Each deserves its own deep dive. But if I had to summarize the most important thing: a team member should see their work with you as the best current opportunity for their personal growth. And working with you should help them achieve it. That's the most important thing.
People work for you for two reasons:
If you can offer both — you'll attract the best people.
Igor Graf believes: at the start a team isn't mandatory, but once you hit the ceiling of your own hours — you can't do without one. Breakdown in the article.
Through meaning, growth, and belonging to a big goal. Money is a hygiene factor, not a motivator. More detail in the article.
Entrepreneurs who grow through their circle, not in isolation.
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