Chapter
The Importance of Automation in Business
40:29 - 45:14 (04:44)
The speaker shares a lesson on how automation can improve a service, highlighting that relying solely on manual labor can hinder a business in the long run.
Clips
The improvement of service results in a better outcome for customers.
40:29 - 41:52 (01:23)
Summary
The improvement of service results in a better outcome for customers. An example of this is a personal training business where the trainer improved his services and saw better results from his clients.
ChapterThe Importance of Automation in Business
Episode#083 - Business Principles 101
PodcastModern Wisdom
Building a business that relies on one person to function will unarguably fail as the absence of that person will render the business non-operational.
41:52 - 43:34 (01:41)
Summary
Building a business that relies on one person to function will unarguably fail as the absence of that person will render the business non-operational. It is crucial to create a business model that is sustainable and can function without depending on one person only.
ChapterThe Importance of Automation in Business
Episode#083 - Business Principles 101
PodcastModern Wisdom
The episode discusses the art of delegating or scaling and bringing in people to fill in the gaps in your skillset.
43:34 - 45:14 (01:39)
Summary
The episode discusses the art of delegating or scaling and bringing in people to fill in the gaps in your skillset. It also mentions some personal experiences of the speakers.