Burning Money is for business owners and entrepreneurs who want to know what mistakes NOT to make in marketing, sales, operations, and finance. Each episode shares one mistake, plus the critical takeaways and real-world advice on how to overcome it and save yourself ten and hundreds of thousands of dollars. All in 15 minutes. This a bi-monthly show so expect two episodes per month from us all about how not make costly mistakes in your business. Each hard to reach entrepreneur we feature shares ONE mistake that resulted in a 10k loss in Revenue or cash and exact steps to avoid it. Subscribe to the only show that will save you at least S10,000 per episode!
https://burning-money.captivate.fm
episode 6: Is Scaling Your Agency a Mistake with Joel Erway
As business owners, you will often commit mistakes when trying to scale. A common perspective into scaling means growing up your team and hiring for several job positions. It can be a very expensive decision when job positions become too much for what is really needed in the business. There is nothing wrong with staying small when it can give you better leverage into profitability. For Joel Erway, this was the biggest and most expensive business decision that caused his company to almost sink. However, if it were not for that mistake, he wouldn’t be able to find his true calling. FInd out more on how he was able to pivot and scale his business to something he enjoys at the same time.
In this episode:
- Joel Erway’s background and how he helps people craft their offers that resonate with their audience.
- The big mistake and lessons learned from it.
- How giving up a couple of his projects and allowing for partnership allowed him to take more capacity
- How to turn a competitor into a partner
- There are other ways to leverage offers vs just giving people a DIY course which ultimately will not do them good in the end.
Connect with Joel Erway:
- Website: Website: https://www.joelerway.com/
- Sold with Webinars - https://www.joelerway.com/sold-with-webinars-podcast/
- Experts Unleashed - https://www.joelerway.com/experts-unleashed-podcast/
Connect with Luis:
- Website- https://www.podcastdomination.co/
- Instagram- https://www.instagram.com/luisryandiaz/
- Facebook- https://www.facebook.com/luisryan4