E59: How The Owner Of Two Multi-Million Dollar Businesses Delegates His Tasks With Nathan Hirsch

Nathan Hirsch has bootstrapped two multi-million dollar businesses which he runs to this day. Nathan's first business, Portlight, an Amazon store with over $20 million worth of product sales, emerged from his college dorm room. At Portlight's peak, Nathan and his team were managing over 500,000 products on the Portlight Amazon store from over 1,000 drop ship suppliers. Nathan's second business, FreeUp.com, is a hiring marketplace specialized for eCommerce business owners. FreeUp.com now services over 2,000 online businesses and is on pace to hit $3 to $4 million in 2017.   Quotes To Remember: "After a hire, that's where the real tests begin" "As a business owner, hiring is an investment. It's an investment of your money, your time, your energy, so when you make an investment into someone, you need to look for those red flags early" "We've all worked with someone before who has a bad outlook on life….. that's a cancer in your business, you don't want that within 100 yards of your company" "Almost all bad business relationships, come down to a break in communication. At a basic level, your workers need to speak the same language." "Providing things you can go back and reference, is incredibly important" "You don't own three companies by working inside 3 companies, it doesn't work like that, you have to delegate." "If you waste your time, you're not getting that back"   What You'll Learn: Learn when and how to delegate various processes of your business How to pick the right VA, looking past just the skills. Why communication is key in all aspects How to find the right employee by developing your interview process How to turn delegation into revenue   Key Links From The Show: FreeeUp.com --Nathan's site Skill Sets Rates for FreeeUp Video testimonial on FreeeUp from Ben Cummings How FreeeUp Works Infographic Free Up Your Business: 50 Secrets to Bootstrap Million Dollar Companies   Recommended Books: Start with Why by Simon Sinek Deliver Happiness by Tony Hsieh Think Like Jeff Bezos by Jamie Morris Free Up Your Business - Nathan's book