In this episode, Jordan talks about building a practice that can thrive without the constant presence of its owner. He emphasizes the importance of structuring the business to generate income independently, allowing the owner to take time off without compromising operations. Drawing from personal experiences and recommended readings like “Built to Sell” and “Traction,” Insurance Untangled hosts discuss strategies such as defining the business’s vision and culture, identifying and delegating roles, documenting processes, leveraging technology, and establishing predictable recurring revenue streams.
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Time stamps
- 00:02:13 – What is the definition of building a practice that can thrive without you?
- 00:08:13 – How does a practice owner build this type of practice?
- 00:17:41 – Why is recurring revenue essential to building a practice that can thrive without you?
- 00:23:09 – What resources do you have to help practices build recurring revenue?
Resources
