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MWH 204 : What You Need To Know Before Growing Your Team with Theresa Loe

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by Tracy Harris in Blog, Podcasts
October 14, 2019 0 comments
MWH 204 _ What You Need To Know Before Growing Your Team

What You Need To Know Before Growing Your Team

I am very vocal about how extremely passionate I am when it comes to growing a small, but mighty team. You know, we hear it all the time, that in order to grow, we need to let go.

But it’s not always easy to do that! It’s not always easy to know straight away what aspects of your biz you’re ignoring or procrastinating over. It’s also quite scary to let someone into your business because we’re so protective of it!

The thought of having anyone take on some of that responsibility can be really frightening.

That said, if you’re holding onto tasks that don’t fall within your skill set you’re likely holding yourself back in terms of business growth. And today’s guest is here to help you overcome those fears so you can confidently let go.

Today's guest is Theresa Loe and she is incredible! Theresa is a Team Building and Leadership Coach for beginning to multi-7 figure Online Entrepreneurs. She helps CEOs build small, self-managed teams within a scalable company structure so that they can work less while having a bigger impact on the world.

Theresa provided a guest Masterclass inside of the Social Method Society to teach my Members all about hiring your first VA and outsourcing. She is a wealth of knowledge, and I knew I had to get her onto the podcast to share her expertise so that you're set up for success BEFORE you start growing your team.

During this episode, Theresa is going to cover how you can get out of the “can’t afford help” mindset, why training someone doesn’t take as long as you think, what the common mistakes are when hiring your first VA and how to avoid them, and so much more.

Let’s get into it!

Key Takeaways:

>> [0:33] I’m here to show you that the hustle doesn’t have to be hideous. Success doesn’t have to look a certain way. Business can be easy, joyful, and beautifully abundant.

>> [1:24] I seriously love this review from Martine Johnson, “This incredible woman produces the most amazing FREE content week after week! This podcast is FULL of actionable tips for starting, growing and designing the perfect business for mums in business. Not only will this podcast help you design and grow your perfect business, it gives you actionable tools to design your perfect life. This podcast has become part of my Monday ritual to set my mindset for the week. Tracy, you are the Oprah for mums in business and I am so grateful for all the Ahhhh Ha moments you have given me while listening to your podcast!”

>> [3:10] Action is precisely what you’re going to want to take after today’s episode because this week’s guest is going to be speaking about everything you need to know before growing your team.

>> [4:47] Today's guest is Theresa Loe and she is incredible! Theresa is a Team Building and Leadership Coach for beginning to multi-7 figure Online Entrepreneurs. She helps CEOs build small, self-managed teams within a scalable company structure so that they can work less while having a bigger impact on the world.

>> [5:58] During this episode, Theresa is going to cover how you can get out of the “can’t afford it” mindset, why training someone doesn’t take as long as you think, what the common mistakes are when hiring your first VA and how to avoid them, and so much more.

>> [10:31] Theresa loves teaching people how to be the leader of their team. Last year, she completely pivoted her business to do just that. Now she runs programs for CEOs and their teams.

>> [12:33] There is a universal fear of hiring among CEOs.

>> [14:03] It is imperative that you start handing day-to-day activities off so you can continue to focus on growing your business.

Why is getting help so important?

  • You get to focus on growing your business rather than working in your business.
  • Theresa always says that you can’t grow until you start delegating.
  • When you don’t outsource, you are actually procrastinating because you’re being busy doing the wrong things.
  • You can’t afford not to do it.

>> [17:46] Getting help doesn’t have to be scary. If you figure out what you hate doing the most and hand that off, you can shift to money making activities.

>> [20:00] I outsourced before I was ready! When I first outsourced to a VA, I only did it for 5 hours a month.

>> [22:25] When you think about how you’re faster doing tasks, you’re looking at the short-term gain not the long-term gain. There are people who can do it better than you can.

  • You don’t have to keep doing the same task over and over.
  • Record yourself doing it one more time and be done with it.
  • You can always make more money, but you can’t get back your time.
  • Consider having someone on your team write out the instructions or process.

>> [27:23] In this section, Theresa dives into the common mistakes business owners make when hiring.

Common Mistakes When Growing Your Team

  • People hire to the resume and not to the character of the person. You really should look at whether or not they have the right attributes to be on your team!
  • Don’t hand out tasks instead of responsibilities. If they come to you and ask what’s next, you’re not being a leader. Put the person in charge of things. So don’t be afraid to hand off the whole project for them to be in charge of!
  • When hiring, you should always consider the other people you have on your team. You always want to hire people who mesh together and have each other’s backs. So look at the culture and tone of your team!

>> [32:53] If you’ve never outsourced anything before, you should look at having an Executive Assistant first. That’s a great place to start and it feels more comfortable when it comes to handing out those responsibilities.

>> [33:45] Hiring is a brand new skill set. Stepping fully into the CEO role means focusing on the vision instead of the to-do list!

>> [34:44] Theresa has a Team Readiness Assessment that will help you decide if you are ready to begin outsourcing. Check out that assessment HERE.

>> [37:19] Massive, massive thank you to Theresa for sharing her expertise and empowering all of you listening right now to just get out there and grow your team. Remember, you can grab Theresa’s free Team Readiness Assessment over at TeamUpRoadmap.com.

>> [38:05] I want to remind you that the podcast review giveaway is still happening until the end of this month! Head on over to iTunes and leave a five-star review along with your Instagram handle, and we will continue picking winners at random to receive a special little prize pack from me in the mail!

CONNECT WITH THERESA:

Website: https://www.theresaloe.com/
Instagram: @TheresaLoe
Facebook: @TheresaLoe2

CONNECT WITH ME

Web: www.mumswithhustle.com
Facebook: @Mumswithhustle
Instagram: @mumswithhustle
Twitter: @MumsWithHustle
Biz Club: MWH Biz Club

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