Latest / Financial Survival Network / Scale Your Business with Remote Team Building -- Scott Cox #6004
Transcript
- 0:00What I do is now I'm focused on still the marketing and sales components and
- 0:06helping your business grow, but doing it in a way where I can help
- 0:10you build your own team, develop your own strategy, so you can do
- 0:13everything in house and do all that with remote workers, so it is feasible,
- 0:18it can be consistent. And look, when you're trying to grow a
- 0:22small business, there's a couple of things right. The first thing is one,
- 0:26they tend to become all consuming, so there's so much to do,
- 0:30There's so many different things pulling our attention so many different ways. It's difficult
- 0:34not to just constantly be working and constantly get be wrapped up in with the
- 0:38business needs. And the second thing is you're listening to Carrie Let's's Financial Survival
- 0:43Network, where you get valuable information you just can't find anywhere else to thrive
- 0:49in today's trying times. You need the Financial Survival Network now more than ever.
- 0:55Go to Financial Survivalnetwork dot com and get your free newsletter and gift.
- 1:00Financial Survival Network now more than ever, and welcome you are listening to and
- 1:10watching the Financial Survival Network. We are on the road. I am in
- 1:14Thailand right now and playing the Digital Nomad and Hey, any of you people
- 1:21out there in Thailand, I'll be here for another week and a half or
- 1:25so. Shoot me at email kl at Carrie Lutz dot com if you want
- 1:29to get together. Love to see you. I've already met John. John
- 1:34been a loyal fan of the show for many years and him and his wife
- 1:40were so nice. Showed me all over Bangkok, introduced me to people where
- 1:45I am now, I'm further south than the country and just have been having
- 1:49the most amazing time. The food, the people, the culture, it's
- 1:53amazing. My producer Melissa's schedules a meeting with Scott Cox. We're talking and
- 1:59it turns out we're like a couple of miles away from each other. Hey,
- 2:04Scott, you've been playing the Digital Nomad for quite a while now.
- 2:08It's great to have you on the show, and I know you've got some
- 2:13useful information if you are a small business you're looking to scale up, and
- 2:17you're looking to not work for the business, but have the business work for
- 2:22you. Because so many times I've been in this small businesses, you wind
- 2:27up you are working for the business. You've got a job, and what
- 2:31Scott, you help people do is actually liberate themselves from that so that the
- 2:37business works for them, building remote teams to just tell us how you do
- 2:40this. Yeah, so again, thanks for having me on and I look
- 2:46forward to connecting here. So it's going to be it's gonna be a lot
- 2:49of fun. I love living in Thailand, love living this digital nomad life.
- 2:54And you know, I left these dates probably two years ago. At
- 2:58this point, I've been traveling around South America Southeast Asia, probably two best
- 3:01regions of world. And yeah, it's been a good life. And so
- 3:07you know, I had a marketing agency for quite a few years before I
- 3:10started this, and you know, one of the reasons why I transitioned was
- 3:16because as a facilitator of you know, like I had my own team and
- 3:23I would go to small businesses and I would help them implement you know,
- 3:27marketing through my team. You know, it just there was a disconnect between
- 3:34the small business owners really getting it and how much I was really able to
- 3:38help them scale because we would come in, we would help the market,
- 3:42they would start to have you know, success, they would have more sales,
- 3:46and then they didn't know what to do, so they would struggle to
- 3:49hire. They would struggle to know systems to put in place. They would
- 3:53struggle to know the processes all these things. And I struggled with this stuff
- 3:57too, like it was my thing, scaling my business. I you know,
- 4:00I thankfully and luckily I had some really good mentors that were in my
- 4:04circle that could really help me and guide me. You know. I even
- 4:08had like one of my good friends is a he's a really art or programmer,
- 4:14developer. He built his own CRM from scratch and so he's like a
- 4:17systems process guy, and he really helped me get in that mindset of cultivating
- 4:25that. And so what I do is now I'm focused on still the marketing
- 4:31and sales components and helping your business grow, but doing it in a way
- 4:35where I can help you build your own team, develop your own strategy so
- 4:40you can do everything in house and do all that with remote workers, so
- 4:43it is feasible, it can be consistent. And look, when you're trying
- 4:48to grow small business, there's a couple of things, right. The first
- 4:51thing is one, they tend to become all consuming, so there's so much
- 4:57to do. There's so many different things pulling our attentions so many different ways.
- 5:00It's difficult not to just constantly be working and constantly get be wrapped up
- 5:04in with the business needs. And the second thing is it's expensive to grow
- 5:10business. It's expensive and time consuming in and of itself. And so you
- 5:15know, utilizing remote workers, which is what I started doing when I started
- 5:19my marketing agency, has really been a game changer. It's allowed me to
- 5:24hire quality employees. It's allowed me to you know, automate systems and processes
- 5:30in my business, or at least take them off of my blate. I
- 5:33don't have to worry about them. And so, you know, when I
- 5:38was in my marketing agency seeing all these happen, all these things happened,
- 5:41seeing the business owners my clients struggle with these things, you know, I
- 5:46just said, hey, I can help people in a bigger, more impactful
- 5:49way. I live an amazing life, as we've discussed them in Thailand,
- 5:54and I've been bouncing around the world. And whether people want to travel or
- 5:59not, they want to spend more time with their family, or they want
- 6:01to volunteer more in their communities, whatever it is that people want to do.
- 6:08A small business is a path to that, but you have to do
- 6:11it correctly. And so my goal is to help we'll get more out of
- 6:15life by creating a small business actually serves them, like you said, instead
- 6:18of them serving small business. Yeah, So how do you do it correctly?
- 6:24What is the key towards towards making the business work for you and not
- 6:30being a slave to your business? Yeah? Well, and I mean this,
- 6:34I think this conversation has been quite It has been discussed in different circles
- 6:40quite a bit, and so you can find this. It's nothing new,
- 6:42but it's it's systems, processes and people. Right. But the biggest thing
- 6:47here is and a lot of people say that, right, systems process people.
- 6:50You know, you put a system at place, you give them,
- 6:53you hire people, and you give them a process to work the systems,
- 6:56and that's it, right, And it essentially is that the biggest thing is
- 7:00is us as business owners. There's so many in so many areas when it
- 7:05comes to managing people, knowing how to create systems, you know, putting
- 7:10these processes. We are just typically not educated and we have little experience on
- 7:15how to do these things successfully and navigating different problems that come up. And
- 7:20so it is some processes. It's hey, if you are trying to do
- 7:27some sales, you should have a CRM, and you should have you know,
- 7:30a salesperson that's made not CRM, and you know you should give them
- 7:33an instruction on how to utilize the CRM so it matches the workflow in your
- 7:38business. But those things tend to see these seem to be pretty foreign with
- 7:46you know, small business owners. Even if we just look at sales,
- 7:48then we look at marketing, like how does some owner put together a sales
- 7:53pitch successfully that allows them to sell their business? You know, And so
- 7:59there's so many things within us. You know, that's my biggest My biggest
- 8:03thing is you know, we can look at those three items, but you
- 8:09know we we have to be able to be willing to grow and learn and
- 8:13and change and change, right the jet D to see where change? Yeah,
- 8:20well, you know it's even like the biggest objection I get to hiring
- 8:24remote workers is well, what can they do? And can I trust them?
- 8:28You know? And it's honestly good. Probably you can probably trust them
- 8:33more than you can trust someone you know from a Western country. To be
- 8:37honest, they're hard at working, they want to perform well, they actually
- 8:41see your job at or to six dollars an hour as a great opportunity for
- 8:46right, so they appreciate, you know, Versus you're going to pay someone
- 8:50in the States. I don't even know what you pay now, I mean
- 8:52what the twelve fifteen dollars an hour twenty end up? If you want some
- 8:58actually, yeah something right, So it's insane what you're gonna pay. Versus
- 9:03you can go find someone who's gonna work twice as hard. They're going to
- 9:05be more loyal, they're gonna stay much longer in your business for you know,
- 9:09five bucks an hour, six bucks an hourly, you know you're gonna
- 9:13go there three boy, they're grateful, right, gightful for the position.
- 9:18Yeah here, yes, sir, yes, ma'am, thank you. You
- 9:22know all those things where you know, even maybe a twenty dollars hour play
- 9:26in the state should still get you know, begrudging looks and you know,
- 9:28showing up late and you know who knows what it's Oh. I always say
- 9:35that there's a two kinds of people in the world, those who can't do
- 9:39enough for you and those who can't do enough for you. Right right,
- 9:43exactly exactly. We lost your camera there, I lost your camera and your
- 9:48mic and my mike. Oh, now you're there. Now we got it.
- 9:54Sorry about that. I was just switching around apps here. So hey,
- 9:58I always say there's two kinds of people in the world, those who
- 10:01can't do enough for you and those who can't do enough for you. And
- 10:03certainly hiring remotely, you know, they might not have the knowledge base,
- 10:09but they are very trainable, motivated because they're grateful for this opportunity because hey,
- 10:15six bucks an hour in Thailand is some major money for these people.
- 10:18It's life changing for them. Yeah, And here's the thing is where we're
- 10:24at this these days, right, you have technology, We have AI software,
- 10:31especially when it comes to marketing and sales. You know, tasks and
- 10:37skill sets that that you know, most businesses are trying to get done.
- 10:41You campair, you know, a five dollars an hour VA who maybe has
- 10:46eighty percent ninety percent English capability with chat GBT or an app like Hemingway,
- 10:54where it's going to basically take what they've written, it's going to expand on
- 10:58it and then you can drop it into a Hemingway which is going to reformat
- 11:01it into great English at a certain reading level whatever you want, which is
- 11:07going to give you amazing content. You know, at a really digestible reading
- 11:11level. But then you're paying five dollars an hour to get it done.
- 11:16So really, you know, maybe a couple of years ago I could see
- 11:20like, yeah, you know, okay, if you need someone who is
- 11:22like a really proficient English copywriter, you're gonna have to pay more. And
- 11:26we're talking like ten dollars an hour, which if you've been in business,
- 11:31you've been in marketing, you know copywriters go for way more than that.
- 11:35But you know, with AI, it's just I mean, they can work
- 11:41faster, they can get more done and better quality. Well, right now,
- 11:46as we speak, my AI note taker read dot AI is transcripting this.
- 11:52It's going to come up with a summary, and then I take that
- 11:56and use it to write show notes. It enabled me. I had somebody
- 12:01who was paying twenty plus dollars an hour or two in the States who wrote
- 12:05show notes. She was amazing, but she didn't really understand the business that
- 12:11I'm in. What I do. Now, I take this and it's about
- 12:16ninety percent as good as her. I pay for this red AI one hundred
- 12:22twenty dollars a year and instead of one hundred and twenty a week or one
- 12:26hundred and fifty or two hundred and you know, and my workflow has improved,
- 12:31So the AI can really do a lot for you. So that's just
- 12:37one example of what you can do. And when you're when you're looking to
- 12:43help people and you know you onboard them into your process, what are you
- 12:48looking for when you take on a client, Because you don't just take anybody
- 12:52on. They've got to meet a certain criteria because you only want to work
- 12:56with people who are going to be successful, right Scott. Yeah, And
- 13:00I mean sometimes you know, it's hard to know who exactly is going to
- 13:03be successful. But yeah, I mean pretty much the kind of client that
- 13:07I'm looking for is going to be someone who's in the service industry. It
- 13:11could be residential services, it could be blue collar, it could be white
- 13:16collar services. That's kind of really my niche from the marketing agency. That's
- 13:20what I know really well. It's also one of the more difficult industries I
- 13:24think to market versus something like an e commerce. I mean, they all
- 13:28have their pros and cons, but yeah, it's goodbal services, yeah,
- 13:33yeah, but services industry you know probably doing you know, I've you can
- 13:37go to my website, have varying packages. So the first kind of offer
- 13:41I have is an audit where I come in and I just basically we have
- 13:46like one hundred and seventy five point audit, We go through your business and
- 13:48we just kind of highlight all the problems for you. So anyone at that,
- 13:52anyone at any level could benefit from that. Obviously probably want to be
- 13:56doing around you know, six figures a year, you know, one hundred
- 13:58thousan in a year, one hundred twenty thousand a year to really benefit from
- 14:01that, are implementing, and then you know, you need to be in
- 14:07a mode of looking to hire. You need to be you need to be
- 14:11open to the idea of letting go of some of the things in your business.
- 14:15So, you know, starting around one hundred thousand and up, you
- 14:18know, a lot of my clients are in the sixth you know, six
- 14:22figure to low seven figure range looking to scale the multiple seven figures, but
- 14:26at the same time not be making you know, one and a half million
- 14:30dollars a year, be profiting fifty thousand, you know, and so,
- 14:33and be working eighty hours a week in the business, which is how out
- 14:37of seem to be building their businesses who wants to do that. I mean,
- 14:41I've been there, done that, I got the T shirt, I
- 14:45was successful, but knowing what I know now, I would just never do
- 14:50it the way then. Yeah, say, man, I want a simple
- 14:54life. I want to enjoy my life. So you know, if I
- 14:58can hire some remote workers, I can get some AI software, and I
- 15:01can get some systems in place to help manage everything, and I can work,
- 15:05you know, ten to twenty hours a week and live a great life
- 15:09in Thailand or wherever I am. And you know, so happiness, right,
- 15:15the happiness factor. Everything you do should be aimed at achieving happiness and
- 15:20a blissful balanced state. But unfortunately not usually the case. You know that
- 15:30old saying most people lead a life of a quiet desperation. Yep, absolutely,
- 15:37yeah, you know, I think happiness is one of those things where
- 15:41I don't necessarily think that's the goal, because happiness, you know, can
- 15:46fade different times and things like that. But I think you choose to be
- 15:50happy, and I think if your environment is correct, it's much easier to
- 15:56choose to be happy. So like you can create an environment where you know,
- 16:02you don't have to be like, I'm going to be happy today you
- 16:03know, like, you know, you can just be happy because you've created
- 16:07a simple life. And I think that's one of the problems. You know.
- 16:11We were talking, you know, briefly before we started the podcast about
- 16:17you know, the US and everything, and I think that's just one of
- 16:18the things that the West does, especially the US, does really well,
- 16:23is they just keep people busy. And I think that part of people in
- 16:30the rat race, if we keep them busy, they'll be distracted and they
- 16:33want, you know, on the wheel exactly, hold out a little food,
- 16:40hold out some drugs, to hold out to entertainment prospects. But you
- 16:45know, what we're talking about here is the difference between I heard a doctor
- 16:48say it on YouTube. It's not my thing. He says, pleasure is
- 16:53dopamine happy. This is they're atoning, right, and it's so true.
- 17:00So hey, I'm going to put you on the spot here, Scott.
- 17:04Three things if you're a business owner you can do right now to up your
- 17:10marketing game. All right. Three things. Start documenting what you're doing.
- 17:15You don't have to just create random content or try to create random content.
- 17:21Document what you're doing. That's a Gary v thing that has always been true
- 17:25and resonated with me. So just document it, put that out there for
- 17:29people to see, and let's see. What would the third thing be,
- 17:34Document what you're doing, put it out there, and be consistent, honestly,
- 17:40be consistent. That those would be the three things, as simple as
- 17:45that, because most people aren't. Most people are documenting what they're doing to
- 17:48create these Uh, they're trying to create these you know, like like a
- 17:53lot of small business owners and it's just because we don't know. But we'll
- 17:57go out and we'll hire a spend five thousand dollars on a company to do
- 18:02a three minute commercial, right, and it's like, no one's watching a
- 18:06three minute commercial any more. Yeah, there's no way. Man. If
- 18:10you get them to watch for fifteen seconds, you're doing amazing, right,
- 18:15So you know there will document what you're doing, make and that'll be interesting
- 18:21because people are actually and you see this on TikTok, right. You see
- 18:23how many people are just you know, metal workers and wood fabricators and all
- 18:29these things and they're just literally have a camera on a tripod and they're just
- 18:33recording and talking to the camera. It's fascinating and I have to tell you,
- 18:38I got to tell you a funny story about that. Yeah, toilet
- 18:42in my house. It was doing what's called phantom flushing because leaking the flapper
- 18:49isn't the ceiling, so the water drains out and then when it gets to
- 18:53a certain point, it flushes, and that's called phantom flushing. So I
- 18:57said, well, hey, I'm pretty handy. I'm going to go onto
- 19:02YouTube and I'll find I'll find some plumbers to tell you how to fix it,
- 19:07what to do. So I go and they say, buy a flapper,
- 19:11and so I buy it, and of course I buy a universal flapper,
- 19:15which I come back and I said, well, as long as I'm
- 19:18doing one toilet, I'll do the other toilet too, because it's probably going
- 19:22to need it. So of course the universal flapper is not universal. It
- 19:26doesn't fit mine. So back to home depot, return them, get to
- 19:32get the other universal flapper. I get that, and all right, I
- 19:36pulled the other one out. I made the mistake of not turning off the
- 19:40water and there's a hose that goes into the float and I'm not the hose,
- 19:47and all of a sudden, water is shooting all over the place.
- 19:51I'm drenched. I'm cursing my brains out. Finally I get to wherewithal,
- 19:55I turn off the water and the toilet, which I should have started with,
- 19:59and I do. I'm thinking, oh my god, I'm going to
- 20:02have to call a plumber here now to come fix this thing, and he's
- 20:06gonna laugh at me, and I'm gonna have to pay more money for him
- 20:10to fix my mess. Well, I get my wits about me, put
- 20:12the hose back in, change the flapper. The phantom flushing stopped. So
- 20:18the point is, when you start doing this, you're gonna get soaking wet
- 20:23because I'm gonna make mistakes. But the end and goal the satisfaction of not
- 20:27having to call the plumber to come fix your mess out these the uncomfortability that
- 20:37you encounter. So I think I think you really could teach people a lot.
- 20:41Hey, how do we find you? How do we connect with you
- 20:44on the web? Assuming that we're not traveling to Thailand. Yeah, if
- 20:48you're coming to Thailand, I'm here for a while, so definitely, uh
- 20:52you know, let me know. But you can go to my website at
- 20:56Stxconsulting dot co, so you can find out more about what I do there.
- 21:03But you can also connect with me on social I have a YouTube channel
- 21:07where I publish videos. We're actually changing up the style of videos. We're
- 21:10going to start doing more documentary and stuff and kind of I've done a lot
- 21:14of videos on sales, marketing and vas or remote workers. So if you're
- 21:18looking for how to do those things, all of that content is on your
- 21:22channel. We've got sixty something videos on there that highlight those things from a
- 21:26top level that can be applied to any business. And now we're going to
- 21:30start kind of We're still talking about those things, but I'm going to be
- 21:33showing how this plays out in my life, because see, people seem to
- 21:37be way more interested in how I actually live my life by implet themselves,
- 21:45right, So we're going to be highlighting that and showing my life of getting
- 21:49multiple passports and moving countries and you know, how do I like, how
- 21:55do I just literally decided to move to Thailand in December. Two weeks later
- 21:59I left Indonesia and now I'm living in Thailand. I'm like, when you
- 22:03have a business, how do you do that? You know, like,
- 22:04I think most people want to saw to do that. So you can follow
- 22:07me on YouTube at no Mad Talk and that oh is a zero, so
- 22:14n zero mad talk and then you can find me on Instagram, Facebook,
- 22:18everywhere else at the same handle and zero mad talk and yeah, in follow
- 22:23my jail reach out. All right, excellent, man, Hey, we
- 22:26really appreciate you coming on. Got a question for Scott or myself. The
- 22:30email address is kl at Carrie LUTs dot com. Even though I am twelve
- 22:36thousand miles away from Florida, I'm still getting all my emails and everything.
- 22:41I've got the local Tie cell phone service, so I've got my data,
- 22:47so I'm still a data junkie. Kl at Kerrie LUTs dot com. We
- 22:51return everything and hey to get Scott's link and everything else. It's in the
- 22:56show notes this interview on Financial Survival Network dot com. And while you're there,
- 23:02sign up for a free newsletter. Scott. Been a pleasure. We
- 23:04will definitely connect soon. Sounds good. Thanks for listening to Carrie Letz's Financial
- 23:10Survival Network, your solution to today's trying times. For the latest, go
- 23:15to Financial Survivalnetwork dot com. Financial Survival Network now more than ever