Ron Bockstahler: Shared Office Spaces and Part-Time Help
Episode description
About Ron Bockstahler: Ron Bockstahler is a Chicago-based entrepreneur, co-founder, and CEO of Amata Office Solutions and principal broker for Amata Realty Group. Since founding Amata in 2002, Ron has developed the most prominent privately-owned office suites provider in Chicago, catering to businesses of all sizes, from solo practitioners and startups to more giant corporations looking to establish satellite locations. As a licensed brokerage, Amata offers its clients the infrastructure of a large law firm, including access to legal support services, practice management software, scalable office options, and remote work solutions. When he’s not working, Ron is a devoted father and husband who loves traveling in his RV with his wife and five children, with the goal of visiting all 50 states in just five years. Ron is also an Ironman competitor and a trusted advisor to attorneys looking to set up their law practice or increase their bottom line.
In this episode, Ryan and Ron Bockstahler discuss:
- The benefits of shared office spaces for small business owners in the growth phase
- Best practices for hiring and onboarding outsourced employees that ensure success and efficiency for business owners
- Maximizing your time and opportunity cost: how building a system that runs efficiently can help you focus on growth and increase your bottom line
- How to delegate effectively and free up time for more important tasks
Key Takeaways:
- One option to reduce costs and have more flexibility when starting a business is to use a shared office space, while buying an office should be considered mainly for tax purposes, and going for a short-term lease can help minimize risks associated with long-term agreements.
- In business, it's important to limit risk, especially when starting out, as putting everything at risk can negatively impact your balance sheet and ability to receive financing, and focusing on a niche can be a key factor in long-term success and stability.
- When hiring outsourced workers, make sure to choose a company that has screened their backgrounds and secured NDAs, and as a business owner, be clear about their responsibilities and access to necessary tools.
- To run a business successfully, delegate to experts, focus on what you're good at, outsource tasks you dislike, and reduce stress and pressure.
"Be that revenue generator. And if you're not the revenue generator, you hire someone that is. Not everyone starts a business as a revenue generator. Whatever your strength is, focus on your strength and find the right people to do the other portions." — Ron Bockstahler
Connect with Ron Bockstahler:
Website: www.amataoffices.com
LinkedIn: https://www.linkedin.com/in/ronbockstahler/ and https://www.linkedin.com/company/amata-law-office-suites/
Twitter: http://www.twitter.com/amataoffices
Facebook: https://www.facebook.com/search/top?q=amata%20law%20office%20suites
Schedule your free 1:1 Profit Breakthrough Session with Ryan here: https://go.oncehub.com/profit
Connect with Ryan Kimler:
Net Profit CFO Home Page: www.netprofitcfo.com
Email: ryan@netprofitcfo.com
Facebook: www.facebook.com/rkimler
LinkedIn: www.linkedin.com/in/ryankfinancialclarityllc/
LinkedIn NPC Company: https://www.linkedin.com/company/netprofitcfo/
LinkedIn FC Company: https://www.linkedin.com/company/financial-clarity-llc/
Show notes by Podcastologist Andy Santiago
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.