EP023: When Is It the Right Time to Hire an Acquisitions Manager? - Thursday's Q&A Session

Alex received a question from Audrey asking when it was a good time to hire an acquisitions manager. He breaks down the people he hired, and in what order, to help give the audience a better idea of how he structured his business during the first few years. Some business owners might be afraid of sharing or splitting the profits, but Alex argues that it's a necessary part of scaling and growing your business. You can't do it alone! You need a team of all-stars!   Key Takeaways: • Have a question? Feel free to message Alex! • When is it the right time to hire an acquisitions manager? • What kind of company culture do you want to build? • Alex's business has gone through several pivots over the last five years. • In 2013, Alex realized he couldn't wear all the hats if he wanted to scale his business. • Alex was able to duplicate himself the moment he hired an acquisitions manager. • Ask yourself, "What's the first hire you need to make?" • Can't afford an acquisitions or sales manager? There's different types of compensation structures you can offer your team. • You have to get over that money hump. You need to invest in people to give yourself more freedom to grow the business in other ways. • Remember, the first step in all of this is figuring out what you want your business to look like. • Alex breaks down each of his team's responsibilities. • What are some of the things you should avoid in the hiring process? • Hey! Do you like the show? Give Alex a review on iTunes!   Mentioned in This Episode: www.flipempire.com/ www.flipempire.com/question Traction by Gino Wickman Good to Great by Jim Collins The E-Myth Revisited by Michael Gerber   Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record you question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally! Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course. Subscribe To The Flip Empire Show, and Leave a Rating & Review!