These are words to live by, and yet so often they are ignored in so many facets of a business. Do you really know where your team's time is going? Or your time for that matter? Chances are (if you're like most other people), you are paying for hours that are not used effectively.
The solution: time tracking (as un-sexy as it sounds…)
Today I'm speaking with Dave Nevogt, the founder of Hubstaff - a time tracking tool for remote teams. Dave and I talk about a range of ways that agencies and service businesses canwildly increase their profitability, simply by noticing where the team's time is going. When you notice this, you can start to optimise towards the most profitable projects and clients. It really is game changing, and such small tweak to make.
We also talk about the process of growing Hubstaff from the ground up, from zero to where it is today as a company doing over $4 million per year in revenue.
In this episode we cover:
Dave's background and how he came to start Hubstaff
The power of data in business growth
Where agencies and service businesses are wasting their time
How to become wildly more profitable with simple measurement and optimisation
Growing Hubstaff as a SaaS from zero to over $4 million in annual revenue
Using content marketing and SEO as a growth channel
How (and why) 'slow and steady' wins the race
Why good data and information changeseverything
The importance of setting priorities and working on high leverage tasks
