The Power of Delegation & Mistakes To Avoid

Season #1 Episode #261

Episode #261

Overview

This week on the Grow Your Video Podcast, Ryan Koral tells the origin story of Tell Studios and talks in detail about the processes they’ve used to help create a successful business. No business or entrepreneurial endeavor would be complete without making some mistakes, and in this episode, Ryan gets vulnerable and breaks down the three biggest mistakes he made in 2021 and gives some advice on how to avoid making the same mistakes in your business. Get ready to set some goals for 2022 and buckle up for an episode that will absolutely help you grow your business and live a happier life.

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Key Takeaways 

  • It’s important to set goals for your business, so you know where you’re going and where you’ve come  from.  

  • As business owners we often get stuck in a phase of doing everything ourselves, the power of delegation is one of the most effective ways to grow your business and create a sustainable lifestyle.

In this Episode

  • Tell studios history [4:50] 
  • Getting into corporate work [12:30] 
  • Making Mistakes [18:00] 
  • Project Management Software [21:00] 
  • Video Blueprint Method [23:00] 
  • Mastermind [29:00] 
  • Onward Summit [30:00] 
  • 3 Mistakes I made this year [31:35] 
  • Goal Setting [46:00] 
  • Hiring an assistant [49:30] 
  • 5 Day Grow Your Video Business Challenge [56:14]

Quotes

“I love working with people, I never started my business with the intent of wanting to do it by myself.”

“We think that we can do all of the things, or that we have to do all of the things, because we learn how to do all of the things…and that just becomes our pattern, and we fall into that and just assume that for a long long time.”

“The best project management software is the one that you actually use.”

“We’re not just making more money…at the end of the day we’re being more efficient, we’re keeping more money.”

“The best way for me or any of us to get what we want is to hang around with people that already have it or are on that same journey.”

“The video business can feel lonely, being an entrepreneur can feel lonely, so for me to be a part of connecting other people to each other in the world of video is one of my greatest pleasures.”

“I would consider, no matter where you’re at in your business (as long as you’re making money) hiring an assistant.”

Links

Core

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It, by Michael E. Gerber

Traction, by Gino Wickman

Rocket Fuel, by Gino Wickman

Join the Grow Your Video Business Facebook Group

Free Training: Four steps to getting a client’s budget without feeling like a sleazy salesman

Sign up for the 5 Day Challenge 

Follow Ryan Koral on Instagram