Growing Multiple Businesses - How I Run 17 Companies
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Күн бұрын
@WeeShooey 9 ай бұрын
What a gem this guy is.
@JamesSinclairEntrepreneur 9 ай бұрын
What a lovely thing to say.
@stevedavenport1202 8 ай бұрын
@@JamesSinclairEntrepreneur It's true
@YseraEditor 9 ай бұрын
Buying someone else's 10,000 hours, such a brilliant concept James, thank you!
@CheckTesting1 9 ай бұрын
Mr Sinclair, first & foremost I hope that you and the family are all well? 🙏🏾 😃 I came across your videos a few months ago and haven’t stopped watching 🤭 I think you are absolutely inspirational, your content is brilliant, concise and straight to the point. Keep up the good work, God bless have a great weekend. 👊🏾😃
@JamesSinclairEntrepreneur 9 ай бұрын
Thanks for watching, I appreciate your kind words.
@lnicko 9 ай бұрын
I find james to be more inspiring then another KZfaqr in this space!
@Greggieboy76 9 ай бұрын
Different class advice as always James!! Thanks for the content!
@JamesSinclairEntrepreneur 9 ай бұрын
Thanks for leaving such nice words. Makes me want to make more for you and rest of the people that watch!
@readmycomment3157 9 ай бұрын
You dropped so much wisdom in this video. I've had to watch it several times and take notes. Thank you James, absolutely spot on as usual.
@BakeandBag 2 ай бұрын
Great info as always. You'll find the Nudge podcast interesting on what it says about 10,000 hours expertise.
@raphaelklijn6358 9 ай бұрын
Thank you so much for sharing you insights. Very inspiring and helpful!
@rachelibrahim6130 9 ай бұрын
Another high value video.... you "give" so much. I really enjoy your content, keep it up James!
@abidjafri1 9 ай бұрын
As always, great advice James!
@DanMitchell_ 9 ай бұрын
Love it James!
@antonvoblikov5809 9 ай бұрын
Great staff! Can you please also explain how exactly do you build great management stuff? Especially in the beginning of your journey. Right away skillful personnel or unskillful first and then nurture them to become skillful?
@JamesSinclairEntrepreneur 9 ай бұрын
Good question. I worked hard on myself; to identify my personal flaws, to really understand what I needed and as a result, the business needed. I then saw someone that had that skill set, his name was Aaron. I offered him a job straight away and he moved into my house. I think we often complicate processes in our mind. Stop that. Decide what you need. Get it.
@RockyBritalian 9 ай бұрын
Looking sharp fella! 👌
@JamesSinclairEntrepreneur 9 ай бұрын
Merci beaucoup, Monsieur
@deaferreira6674 4 ай бұрын
Damn, lots of great info here. New sub!
@dominicnorthmore8384 9 ай бұрын
I'm trying to work out how to buy another business and have had a particularly tough day today with issues with too much to do and staffing issues.....Thank you James for this video, it has really helped me today. All the best, Dom
@JamesSinclairEntrepreneur 9 ай бұрын
Get on my podcast
@dominicnorthmore8384 9 ай бұрын
I've been wanting to...thank you for the push I have just hit submit on the application 😀@@JamesSinclairEntrepreneur
@rpark8265 9 ай бұрын
Great video again James .You asked for anything missing .I think prioritising your own health as a business owner is the best way to reach optimal performance, sleep, diet and exercise 👍
@JamesSinclairEntrepreneur 9 ай бұрын
Absolutely correct.
@garethg3564 9 ай бұрын
This vid gave me great knowledge and expanded my mindset further
@JamesSinclairEntrepreneur 9 ай бұрын
Well that’s a wonderful thing!
@thesamnorris 9 ай бұрын
This was such a useful video James. Thanks for sharing this. I’m at a real cross roads with my business where I am doing not enough (but still a fair bit) of income generating tasks, but far too much of the day to day “superhero” work as you put it too. What this ultimately has led to is burnout (it’s real people!) and a bit of a bottle neck to my scalability. I’m not adverse to working hard but I think what you’ve quite eloquently explained in this video is the importance of working smart too. So as always, thanks for sharing your knowledge for free. It’s grateful appreciated
@JamesSinclairEntrepreneur 9 ай бұрын
Thanks Sam. Glad you liked it! Hope the mortgage world is going well!
@Business-Finance-UK 9 ай бұрын
Great advice James, thank you. Any advice on how you tie your managers in for the long term?
@JamesSinclairEntrepreneur 9 ай бұрын
Educate them, offer progress and give them more responsibility as they grow. Let people change your mind if they come up with better ideas. I’ve been blessed to have my senior team around since pretty much the start. I think trust is another winner winner chicken dinner that keeps people around. I often say…. You decide. That’s powerful
@Business-Finance-UK 9 ай бұрын
@@JamesSinclairEntrepreneur Thanks James, I appreciate you taking the time to reply. Guy
@hassanamir387 8 ай бұрын
@@JamesSinclairEntrepreneurI’m terms of salaries and bonuses/rewards, how Dyou work Out what is fair and how much you should be paying?
@limadim1845 9 ай бұрын
Thank you James
@mikemike5973 9 ай бұрын
Just can fathom how you can cope mate Well done
@DollarsMakeCentz 9 ай бұрын
Amazing! and very motivating.
@JamesSinclairEntrepreneur 9 ай бұрын
Glad you think so!
@seehamyousaf5945 3 ай бұрын
Hello, What to do if one doesn't have enough funds to hire professionals? In
@simustudio6207 9 ай бұрын
Love your content 🤝
@JamesSinclairEntrepreneur 9 ай бұрын
That’s very nice of you to say. I love your kind words.
@simustudio6207 9 ай бұрын
@@JamesSinclairEntrepreneur I am a UX designer as a professional. Since last January I have started my restaurant business, learning a lot from your content. Thank you again. Hope to meet you one day.
@adancewithgod 4 ай бұрын
Awesome!
@DanielPekic 9 ай бұрын
This guy deserves more views and subs
@JamesSinclairEntrepreneur 9 ай бұрын
Hopefully!!!
@LiveseyCat 9 ай бұрын
I have no idea how you do it, I struggle with the mental capacity to run one business. We're on track to do £900,000 this year, we're an online retailer and this is hard enough😅
@JamesSinclairEntrepreneur 9 ай бұрын
Selling on line is tough without brand and lots of content; Party Pieces ( our on line shop ) has 30 years of history and a team behind it and it’s a tough one to crack. We send catalogues in the post. We work hard on off line tactics to drive people direct to us. I think k if you’re selling something that others are selling then it’ll be very tough to compete with Amazon.
@LiveseyCat 9 ай бұрын
@@JamesSinclairEntrepreneur I sell imported confectionery, drinks, snacks, chocolate etc from all countries around the world, always new sku's and these days everyone always wants something new to try. I've built it to 900k sales in 2 years and easily can pass £1 million next year. I think my future is calling for something much bigger though, so I'm thinking of putting the business up for sale to move onto bigger things.
@spx3rjm 9 ай бұрын
Great content! Few questions...How do you manage your lieutenants James? Do you have a monthly/quarterly meeting with them? Also, do u give them a bonus based on the success of the business?
@JamesSinclairEntrepreneur 9 ай бұрын
Weekly management meets if it’s new and needs systems. Then mi they board meets as they establish. We have various mechanisms for reward
@spx3rjm 9 ай бұрын
@@JamesSinclairEntrepreneur thank you
@thegarageinventor1735 9 ай бұрын
Hi James, hope you're well! I'm trying to start up a welding and fabrication business, not too sure what to specialise in as there's lots of things I could specialise in that would bring in good money. I'm just struggling for time and motivation, working 5 days a week full time, going to the gym 4 times a week, and my day job is the same type of work as my business idea, so by the time I get to my unit, I'm so burnt out and don't have alot of time anyway! Any tips and advice on this would be massively appreciated! Harrison.
@user-qd8ou2ej4w 9 ай бұрын
James one of those 10000 hour guy cheated my grandfather big time,( he lost everything, got back up a little bit, but never to his former self) from there my father never trusted anyone and that habit has been passed on me as well, we have a small scale business, but I think I could never scale it with my attitude, do expand more on how to measure your people and business.
@JamesSinclairEntrepreneur 9 ай бұрын
I have just answered this in my newest video, check it out.
@garethg3564 9 ай бұрын
I have a question also James. When managing the systems put into place, how do u know if that system is a good one or a bad one that needs restructuring. Surely u can put a lot of faith into the wrong master of 10,000 hrs without realising it. Many thanks Gareth
@JamesSinclairEntrepreneur 9 ай бұрын
Management accounts aka P and L will quickly tell you if you’re system is profitable. If the management accounts show poor performance the system/model/team/business needs a fix. That’s the worse part of my job in many ways. I go where there’s a thing that needs a fix. As do most scale entrepreneurs . It’s the way life is. Teachers have to spend most of their time with the naughty kids! If income is down, or we start a new thing; whilst it’s broken….. I’m in fixing it. I get to do the fun stuff for a short period.
@davidwestwood351 9 ай бұрын
Them threads from Michael really pay off , give a much more professional touch, keep the advice coming
@JamesSinclairEntrepreneur 9 ай бұрын
Threads?
@davidwestwood351 9 ай бұрын
Suit. Attire. Threads.@@JamesSinclairEntrepreneur
@TJ11965 9 ай бұрын
the best
@davidstroud8783 9 ай бұрын
Change of subject.What happened to your plans to improve the Rossi unit in the “arches”in the Westcliff sea front? Looking very scruffy. Even the shop along Pier Hill looking the same.😂
@JamesSinclairEntrepreneur 9 ай бұрын
We don’t own the arches one anymore, we are buying Marine Parade ( Southend )
@davidstroud8783 9 ай бұрын
@@JamesSinclairEntrepreneur thanks for reply.I am always interested in the ice cream side of you business
@Towards-repent 9 ай бұрын
great busniess coach is james
@JamesSinclairEntrepreneur 9 ай бұрын
Kind of you say, I’m no coach, people have helped me along the way and hope I can do the same, at the end of the day, I’m just a guy that likes to get stuff done and make videos.
@Towards-repent 9 ай бұрын
Actually, I couldn't mean that sleep of words about coach,your already running multiple businesses I know very well to watching ur videos in a regular base viewer of your channel no worry . @@JamesSinclairEntrepreneur
@blakesley72 9 ай бұрын
I have been watching for about 3 years watched all his video and signed up to the Uni for a few month ,I love James but each video seems to be getting further and further away from why i watched him .
@JamesSinclairEntrepreneur 9 ай бұрын
What don’t you like?
@ss1bomber 9 ай бұрын
I've got to stop watching your videos James as i'l end up buying a children's nursery!
@Mrhaydentv 9 ай бұрын
How successful do you think you would be if you fully focused on just one business instead of 17?
@JamesSinclairEntrepreneur 9 ай бұрын
I don’t think I’d be here, some of the early ones were hard but have been able to continue, as we learnt about better businesses. Plus all my businesses work in one big eco system. Plus having multiple businesses that fold into a big eco system allows me to see which ones work really well. Example. My property business has benefited by being a LL to our trading companies. My food service business benefits from 1.6m of revenue from all our trading companies. Our ice cream business benefits from being able to supply all our venues. Our arts and crafts and toy business supplies all our shops at our venues….. Plus when people want to get promoted, rather than leave we offer a further opportunity in the group. Hope that helps.
@HaHa-bc4zr 9 ай бұрын
James=Genuis
@Mrhaydentv 9 ай бұрын
Glad to hear it is working for you James. It is an interesting topic as many say to focus on one main thing. @@JamesSinclairEntrepreneur
@erikdroog9734 9 ай бұрын
Dear James , i already give a comment , About i send you a mail and you going to check it , maybe i can send it again , its about Hemsby and think this place is in your operating area. Thank you in advance for response . Erik Droog
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