Bruce, I knew you’d have a good perspective. So, if you give a piece of the pie to another person you will have more time, but less income. Until you utilize your newfound time to make more money.
Yes, it’s all tradeoffs until you get fully staffed
the owners income is going to see-saw until a fully staffed point at each level of passing off responsibilities
that’s where the problem lies - if a solo guy is making 105k in 150k revenue company, it’s a long road and a lot of personal income see-sawing to getting to 1mil in revenue and all the necessary “inbetween stuff” to get there
now, if a spouse works “IN” the business, that can help keep some funds in the same household during the transitions to 1mil, but there’s still the end of the line see saws in personal income as the higher level positions (and income) are passed off to others
If you have 4 pieces of pumpkin pie on your plate (field, operations (jobs), office, marketing, mgmt (president)), but you’re going to share with others, your plate will always have less slices of pumpkin pie on it (income), but if the pumpkin pie is 10 feet in diameter instead of 12inches, your 1 SLICE of a HUGE pie can be as big (or as many forkfulls) as the 4 slices of a smaller pie. You just have to make the pie (revenue) bigger.
Wow. A lot to chew on guys. Thanks for your time in writing your post guys!
