Have you ever been a witness to “the moment?” It’s that moment of clarity in life when your state of health or misalignment with your business methods as a solopreneur takes you from broke to brilliant. Tim Francis and his journey are living testimony to the colossal impact of lucid thinking.

Tim’s story began like many other entrepreneurs. He grew his business beyond his ability to get things done and took on an assistant to help him scale. He searched all the greatest places for “inexpensive” virtual help, from India to Russia, and most places in between. The problem was the time it didn’t save him and the quality control he couldn’t have.

So, one after another, Tim got frustrated with his hired help and ended up taking back over “task” work and the grind went from 70 hour work weeks to 90 or more hours. Soon after entered the loss of clients’ capital in the stock market and real estate crash of 2008, hiring the wrong and extremely expensive “entrepreneurial” mentor, and a seriously painful illness that landed him back in his parents’ home recuperating. This was exactly what he needed to get to his own “moment.”

Listen in to hear more about Tim’s mindset shift from consumer to producer, advice on how to hire the right people at the right time to grow and scale your business, and how to think of your newfound assistant as a revenue stream instead of a business expense. If the takeaways in this episode resonate with your current state of systems or team building, be sure to check out tips from Samantha Riley and Josh Bartlett too.

There’s no leverage here. If there’s no return on my time, energy and money, why would I even bother…?”- Tim Francis

Some Topics We Discussed Include:

How to save 50-100 hours as an entrepreneur looking to hire your first or next staff member
Are timeshare scooters the new Lamborghini?
Speaking of Lambos, what is Matt’s definition of entrepreneurial success?
Stop using this as a measure to define your worth as an entrepreneur and mindset shifts about delegation can happen
Guess who used to believe personality test tools were like horoscopes?
Tips to unpack your brain
Is a shift from consumer mindset to producer mindset required to succeed in business
How did solo business owners fall victim to consumer mindset in the first place?
The three magic steps to 360 Delegation you can start right now
Best tips for the DIY entrepreneur who chooses to run the hiring process by himself or herself
The hiring process and the importance of psychometric tests
Why Kolbe is a highly effective tool for finding the right fit for your next valuable team member
These are the only three ways an entrepreneur should allocate their time during work hours to properly leverage, earn, grow and scale their businesses

Contact Tim Francis:

Visit Tim’s website for free resources or to book a call
Follow Tim on Facebook
Watch and learn from Tim on YouTube

References and Links Mentioned:

Great Assistant Toolbox
Great Assistant website to book a consult
Kolbe test
The 4-Hour Workweek by Tim Ferriss
The Millionaire Fastlane by MJ DeMarco
Work The System by Sam Carpenter
The E Myth by Michael Gerber
Essentialism by Greg McKeown
The One Thing by Gary Kelle
Samantha Riley - A 9 Point Process To Take A Business To A Million And Beyond
Josh Bartlett - How To Build A Solid Team And Create Rabid Fan Customers
Ready for some help on deciding your next best step to delegate, grow and scale your business. Check into the Advisory for direction.

640: 4/10 Hour 3: MLB Injury Update & News With KC Bubba