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February 23, 2024 48 mins

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Ever found yourself drowning in the tedium and mundane tasks of running a business, wondering if there's a way to escape and get your life back? 


What if we told you that, "Yes! there is a way!"  And that it's absolutely possible to lead a fulfilled life while working fewer hours, whether you're managing one successful business or multiple ventures.


Does it sound too good to be true? It's not!  


In this episode, our guest Jeff Russell shares his journey of building multiple thriving businesses across different industries.


He brings his businesses to new heights of success through a combination of strategic hiring, implementing systems and processes, and mindful business evaluation. 


His insights and experiences are gold and will help you sidestep getting lost in the relentless hustle and busyness so you can live the life you want while building the business of your dreams. 


Jeff Russell, is a best-selling author, renowned speaker, and accomplished entrepreneur. As the founder of many successful businesses and author of his latest book, ‘Fire Yourself First,’ Jeff is an expert in helping business owners break free from the daily grind. 



We discuss: 

02:27 Introduction to Jeff Russell

07:17 The differences between organizational charts and role charts

09:39 Jeff’s shared service model for marketing, financial management, and operational roles

14:43 Why stepping back from day-to-day operations to focus on long-term strategy is vital

18:15 Transitioning from owner-operators to true owners by implementing systems & processes

24:47 Jeff's 11-step hiring process outlined in his book "Fire Yourself First"

33:58 Importance of reading, listening to podcasts, and attending conferences for self-education

39:34 Actionable steps to be like Jeff: not just an owner operator but a true owner


Resources:

Jeff Russell Best-Selling Author, Speaker, Serial Entrepreneur, and CEO, Oakridge Financial Group
https://www.fireyourselffirst.com/

LinkedIn:
https://www.linkedin.com/in/thejeffrussell/

Facebook:
https://www.facebook.com/profile.php?id=100088397692719

Twitter:
https://www.twitter.com/jeffrussellsays

Instagram:
https://www.instagram.com/fireyourselffirst

Author of “Fire Yourself First”:
https://www.fireyourselffirst.com/book-jeff


Other Resources Mentioned in the Episode:

Dan Sullivan:
https://www.strategiccoach.com/

Storybrand:
https://storybrand.com/

Dawn Fotopulos:  Accounting for the Number Phobic
https://www.amazon.com/Accounting-Numberphobic-Survival-Business-Owners-ebook/dp/B00KVO2C4W



Kathy Svetina, Fractional CFO:
https://www.newcastlefinance.us/

Blog post | Fire Yourself First: Jeff Russell's Guide to Successfully Growing Your Business
https://www.newcastlefinance.us/listen/fire-yourself-first-jeff-russells-guide-to-successfully-growing-your-business/

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