Monday Dec 04, 2023

E86: Scale Smarter w/ Nicole Grinnell

Nicole Grinnell calls herself a “mompreneur” and, thanks to her fractional team, has plenty of time with both her family and her business, Bosun Solutions. This week, she joins up with Coach Jason to talk about how to scale your company... while still making time for the important things.
 
Going from zero employees to one is a big jump. While hiring W2 employees is the norm, many (like Nicole) are seeing the benefits of building a fractional team, a practice in which an employer hires contractors for limited, customized amounts of time to fill specific roles. This way, Nicole saves on both money and time… and avoids the wastage that can come with scaling up.
 
We dive into the details of this practice and how it could help your organization, with some key takeaways:
  • After starting her first business, Nicole pivoted within 30 days. How reactive are you to market conditions? How will this affect the way you grow?
  • Even though it’s your company, you likely aren’t the best person for handing day-to-day tasks, Nicole says. We talk about putting your time - and trust - into your hires.
  • A fractional team is still YOUR team: Nicole shares how she fosters goodwill with her lean support team, even when they aren’t right down the hall.
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