Who Not How & the Power of Peer Mentoring

In this episode, Matt chats with Paul Abel, President of Elite Ventures and PosterElite. Over the last several years, Paul has quickly grown his company, all while reducing his headcount and improving his bottom line. He shares how in this episode. Paul has been an entrepreneur for many years. He has seen his own family struggle with compliance issues in their business and decided he is not going to allow the same issues in his business. He worked with a project manager to streamline his business processes. Through hiring this project manager he was able to reduce the number of employees to complete a project, streamline the entire process, and see the qualitative results. He also found extreme value in the networks he has built through many different network groups. Paul discusses his journey starting as a sweat equity partner in his family business, to working with payroll peer mentoring groups and business coaching groups. He found a way to simplify compliance issues for his business as well as other payroll companies. ____________________________ Ways we can help you: -> Want to grow your payroll company? Click here. -> Looking for easy-to-use White Label HR Software? Click here. -> Want to sell your payroll business or make a partial exit? Click here. -> Want to grow your personal brand on LinkedIn? Click here. ____________________________ *Are you enjoying Payrollin'? Please subscribe and rate us five stars on your player of choice. It helps us continue to improve. *Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://anchor.fm/payrollin/message *Support the pod by spreading the word, become a referrer and earn free Guhroo swag here: https://refer.fm/payrollingrowingapayrollbusinessthatmatters ____________________________ Paul and Matt discuss the following and more: 21:40 How To Make The Commitment to Your Entrepreneurial Dream 24:52 The steps he took to optimize his business 27:50 - 28:46 How to optimize business processes 34:07 - 36:06 How peer mentoring can help your business 38:00- 39:39 How to put some skin in the payroll market game 41:24 -42:52 The Power of Group Networking About Paul Paul Abel has developed several brands that assist Small Business Owners, HR Professionals, Payroll Bureaus, and large corporations with HR and safety solutions. Established in 2005, Elite Business Ventures, Inc has helped over 100,000 businesses comply with the constantly changing labor laws and safety regulations. Our solutions assist employers to cope with regulatory changes while delivering simple, cost-effective, and comprehensive solutions that prevent costly employee-related fines or lawsuits. Our posters are hanging in company break rooms across the US. Our brands include: www.osha4less.com, www.24hourHR.com, www.MyOSHAstore.com, www.compliance4less.com, and www.PosterElite.com