Scott Cox of STX Consulting joins the show to talk about about strategies for being productive and successful in the current economic climate of 2024.

Key points:

Small businesses have a big opportunity compared to large corporations by leveraging technology, AI, and remote workers to increase productivity while keeping costs low.

The ability to run a "micro-business" as a solopreneur with just a few remote support workers allows more freedom and flexibility.

Instead of trying to scale a traditional business, the new model is building systems and processes so the business works for you, not you for the business.

For employees, developing unique skill sets and thinking differently is critical to standing out.

Manage your time effectively by living by your calendar and schedule. Have a support system of partners/workers to keep you accountable.

Take calculated risks and do things that scare you, like traveling or changing locations. Having systems in place allows freedom.

Invest in coaches, consultants and personal growth, even in tough economies, to gain new insights, avoid pitfalls, and outpace competitors.

Scott discusses his experience living as a digital nomad in Southeast Asia and the benefits of a lower cost of living. He shares how he structures his time, relies on remote workers, and designs his business to align with his desired lifestyle.

Highlights

💼 Importance of treating work as work

🧘‍♀️ Maintaining work-life balance

🚫 Setting boundaries for a healthy mindset

Website: https://www.stxconsulting.co/

Video:

https://youtu.be/HzpWzHntXa4

Audio: