In episode #2220, Neil and Eric discuss how to build a $1 million one-person operation. There are many benefits to having a smaller organization but if you want consistency, longevity, and the ability to potentially sell your business and create a much higher net worth, you need to hire people. Tune in as we discuss the pros and cons of companies of different sizes and what it truly means to run a $1 million one-person operation.
TIME-STAMPED SHOW NOTES:
- [00:20] Today’s topic: How to Build a $1M 1 Person Operation.
- [00:25] The benefits of a smaller organization.
- [00:51] Our preferences when it comes to the size of our organizations.
- [01:13] Why having a small team isn’t necessarily the best way to run a business.
- [02:02] How to create high leverage products without spending all your time on them.
- [02:36] Examples of successful $1 million one-person operations.
- [03:12] How running a one-person operation affects your longevity.
- [04:10] That’s it for today! Don’t forget to rate, review, and subscribe to this podcast!
- [04:17] Go to https://www.marketingschool.io to learn more!
Links Mentioned in Today’s Episode:
- Nomad List
- Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
In episode #2572, we explore the ins and outs of virtual summits and investigate whether they are still relevant today. Virtual Summits can be a great way to build community, foster connection, and ge...
In episode #2571, we delve into a recent Harvard case study that looks at how humans using AI can outperform humans who aren’t using AI — by a large margin! With so many changes and advancements t...
In episode #2570, we unpack X’s partnership with Google to sell programmatic ads. There have been a lot of changes at X, formerly known as Twitter, from their controversial name change to their newl...