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Daniel Priestley

๐Ÿ‘ค Speaker
4387 total appearances

Appearances Over Time

Podcast Appearances

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So you're essentially looking for your complementary opposite. Are you going to be the salesperson running around figuring out whether we can sell this or are you going to be the delivery person figuring out whether we can make customers happy? So those are the first two. Once you've figured those two questions out, you jump to a four person, what we call fire start team.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So a fire starting team is four people and you're going to have someone who we call a key person of influence. You're going to have a salesperson and a delivery person and what we call a Swiss army knife. Swiss army knives can do 25 things, but badly. And that's what you want. You want that high agency generalist. Let's call them that. High agency generalist.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So a fire starting team is four people and you're going to have someone who we call a key person of influence. You're going to have a salesperson and a delivery person and what we call a Swiss army knife. Swiss army knives can do 25 things, but badly. And that's what you want. You want that high agency generalist. Let's call them that. High agency generalist.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So a fire starting team is four people and you're going to have someone who we call a key person of influence. You're going to have a salesperson and a delivery person and what we call a Swiss army knife. Swiss army knives can do 25 things, but badly. And that's what you want. You want that high agency generalist. Let's call them that. High agency generalist.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And the Swiss Army Knife is a high agency general tool. So you go to this four-person little team, and this is about launch campaign, getting your first sales, getting your first customers through the door, holding everything together with sticky tape and just doing- Yeah, exactly. And then you're then jumping up to eight-person team. And this is what I'd call a stable core team.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And the Swiss Army Knife is a high agency general tool. So you go to this four-person little team, and this is about launch campaign, getting your first sales, getting your first customers through the door, holding everything together with sticky tape and just doing- Yeah, exactly. And then you're then jumping up to eight-person team. And this is what I'd call a stable core team.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And the Swiss Army Knife is a high agency general tool. So you go to this four-person little team, and this is about launch campaign, getting your first sales, getting your first customers through the door, holding everything together with sticky tape and just doing- Yeah, exactly. And then you're then jumping up to eight-person team. And this is what I'd call a stable core team.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

At this point, you've got a lifestyle boutique. If you run this well, you can do one to three million pretty easily. You can be highly profitable, have your weekly team meetings. Everything runs really smoothly. You've got eight people on a team. You can actually just stay there for years. making a ton of money. Everyone's having a great time.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

At this point, you've got a lifestyle boutique. If you run this well, you can do one to three million pretty easily. You can be highly profitable, have your weekly team meetings. Everything runs really smoothly. You've got eight people on a team. You can actually just stay there for years. making a ton of money. Everyone's having a great time.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

At this point, you've got a lifestyle boutique. If you run this well, you can do one to three million pretty easily. You can be highly profitable, have your weekly team meetings. Everything runs really smoothly. You've got eight people on a team. You can actually just stay there for years. making a ton of money. Everyone's having a great time.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

Provided you don't go over 13, provided you never have the 13th person on the team. So you can go 8, 9, 10, 11, 12, but never 13. Unlucky 13. Unlucky 13. Why? Disaster. What happens at 13? The 13th person splits the team. So up to 12 people is one team. The 13th person divides the team into two or three.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

Provided you don't go over 13, provided you never have the 13th person on the team. So you can go 8, 9, 10, 11, 12, but never 13. Unlucky 13. Unlucky 13. Why? Disaster. What happens at 13? The 13th person splits the team. So up to 12 people is one team. The 13th person divides the team into two or three.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

Provided you don't go over 13, provided you never have the 13th person on the team. So you can go 8, 9, 10, 11, 12, but never 13. Unlucky 13. Unlucky 13. Why? Disaster. What happens at 13? The 13th person splits the team. So up to 12 people is one team. The 13th person divides the team into two or three.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So as soon as you hire the 13th, you now have a sales team, an ops team, a finance team, right? And now they don't talk. The 13th person introduces just this, we're too big to be small. We're not big enough to be big. Like it's just a world of awkwardness once you've got the 13th person.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So as soon as you hire the 13th, you now have a sales team, an ops team, a finance team, right? And now they don't talk. The 13th person introduces just this, we're too big to be small. We're not big enough to be big. Like it's just a world of awkwardness once you've got the 13th person.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So as soon as you hire the 13th, you now have a sales team, an ops team, a finance team, right? And now they don't talk. The 13th person introduces just this, we're too big to be small. We're not big enough to be big. Like it's just a world of awkwardness once you've got the 13th person.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And then, yeah, if you go to 13, you might as well go to 30. Yeah. So at 30, it gets good again. So from 13 to 30, it's too big to be small and too small to be big. The business is not going to work on either. It's going to work as a 6, 7, 8, 9, 10, 11, 12 person team. It's going to work as a 30 to 150 person team. It's not going to work from 12 to 30 people or 13 to 30 people.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And then, yeah, if you go to 13, you might as well go to 30. Yeah. So at 30, it gets good again. So from 13 to 30, it's too big to be small and too small to be big. The business is not going to work on either. It's going to work as a 6, 7, 8, 9, 10, 11, 12 person team. It's going to work as a 30 to 150 person team. It's not going to work from 12 to 30 people or 13 to 30 people.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

And then, yeah, if you go to 13, you might as well go to 30. Yeah. So at 30, it gets good again. So from 13 to 30, it's too big to be small and too small to be big. The business is not going to work on either. It's going to work as a 6, 7, 8, 9, 10, 11, 12 person team. It's going to work as a 30 to 150 person team. It's not going to work from 12 to 30 people or 13 to 30 people.

Modern Wisdom
#946 - Daniel Priestley - $0 To $1M: The New Rules For Building A Thriving Business

So too big to be small, too small to be big. You have this old original crew who are the family who got roped in and they were the ones who used to be there 11 o'clock at night, 5 o'clock in the morning. We used to be friends, man. 16, 17, 18 people, two of them start sleeping together. So you get these relationships and it gets awkward and weird. Unfortunately,