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The EntreLeadership Podcast

Is My Business Too Niche to Grow?

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 14 October 2024

⏱️ 54 minutes

🧾️ Download transcript

Summary

Today we’ll hear about:  A woman having trouble finding the right people for her niche business   A young business owner struggling to lead his team   Why Dave Ramsey says that hiring highly skilled people is not enough   Dave showing a business owner how to make his product profitable    Next Steps  📞 Have a question for the show? Call 844-944-1070 or send us a message: https://ter.li/ask-us  📚Learn about the EntreLeadership System: https://ter.li/system-p  💻 Get EntreLeadership Elite for your business: https://ter.li/elite-p  ✉️Sign up to receive tactical tools, advice and resources in your inbox every week: https://ter.li/enl  🏢 Attend EntreLeadership Summit: https://ter.li/summit   🎤 Attend EntreLeadership Master Series: https://ter.li/masterseries     Offers From Today's Sponsors  NetSuite: https://netsuite.com/Ramsey  BELAY: https://www.belaysolutions.com/entreleadership  Payority: https://www.payority.com/entreleadership  Trainual: https://trainual.com/entre  Found: https://found.com/entre    Listen to More From Ramsey Network  🎙️ The Ramsey Show    💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  🍸 Smart Money Happy Hour  💡 The Rachel Cruze Show  💰 George Kamel  💼 The Ken Coleman Show     Learn More About Your Ad Choices   Ramsey Solutions Privacy Policy

Transcript

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0:00.0

From the Headquarters of Ramsey Solutions, this is the Entre Leadership Podcast,

0:15.0

where I take calls from leaders like you about what it takes to win at any stage of business and leadership.

0:21.0

I'm Dave Ramsey, your host with over 30 years of

0:23.6

experience leading in the trenches right alongside you. If you have a question you

0:28.3

want to ask on the show fill out the form at entree leadership.com slash ask or call and leave us a voice. at

0:35.0

Entre Leadership.com, slash Ask or call and leave us a voicemail at 844 944

0:39.0

1070.

0:41.0

Amy is in Indianapolis.

0:42.0

Hi Amy, welcome to the Entree

0:44.2

podcast. Hi Dave, thanks so much for having me. Sure what's up in your world?

0:49.4

Well I need some advice. I am a co-founder of a consulting firm. It's pretty boutique. We exclusively work with surgeons. We help surgeons start, grow, and operate their businesses.

1:05.0

So we do everything that's non-clinical,

1:08.0

everything to run the business side of the surgical practice.

1:11.0

Practice management, is that what we would call that?

1:14.0

Yes, that's right.

1:16.0

Okay.

1:18.0

And so I am just running as hard as possible on this treadmill and looking for advice on how to

1:26.0

scale a business that it's I feel like it's very niche what we do the knowledge that it takes to consult and to know the

1:37.4

ins and outs of a surgical practice. I'm just having a hard time building a team of other consultants that can operate at that level,

1:46.6

and yet I know I need to because I'm exhausted and can't run any harder or faster on this treadmill.

1:52.4

Yeah, you've filled up your... run any harder or faster on this treadmill.

1:52.6

Yeah, you've filled up your slots in the day and you've had a logistical bottleneck.

...

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