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Today we're diving into a game
changing topic that could revolutionize

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the way you manage your business.

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Online business managers, or OBMs.

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I'll be answering the 10 most
frequently asked questions about

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OBMs so you can determine if hiring
one is the right move for you.

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Let's get started.

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Hi, I'm David Ziembicki, and you're
about to learn how to grow from

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struggling solopreneur to successful
virtual CEO of your own expert business.

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Your knowledge and skills can change
lives and make the world a better place.

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Are you ready to hit the accelerator
to scale your results and impact?

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Then it's time to build
your expert business.

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First things first, what exactly
does an online business manager do

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and how can they help my business?

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Well, an OBM is a professional
who oversees the daily operations,

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systems, and team management
for an online business.

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They help with strategic planning, goal
setting, and implementation to ensure your

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business runs smoothly and grows steadily.

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In short, they're your second in command.

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So how do you know if your business
is at the right stage to hire an OBM?

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If you're experiencing steady growth,
feeling overwhelmed with day to day

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tasks, and need someone to help manage
operations, your systems, and your

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team, then it's time to consider an OBM.

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They'll free up your time,
allowing you to focus on the

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core aspects of your business.

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Now let's talk about the differences
between an OBM, a virtual

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assistant, and a project manager.

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An OBM focuses on high level
strategy and management, overseeing

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projects and operations, and teams.

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A virtual assistant handles specific
administrative tasks, and a project

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manager focuses mostly on planning,
executing, and closing projects.

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an OBM help streamline
my business processes?

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They'll evaluate your existing
systems, identify inefficiencies, and

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implement new strategies and tools to
optimize productivity and organization.

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This will ensure a smooth running
and efficient business operation.

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What should you look for when selecting
the right OBM for your online business?

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Seek out experience in your industry,
strong communication skills, expertise

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in project and team management, and
a proactive, problem solving mindset.

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It's essential to have a good
rapport with the OBM, as they'll be

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an integral part of your business.

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Can an OBM help with managing your
team, including hiring, training,

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and performance evaluations?

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Absolutely.

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They'll ensure the right people are in
the right roles, provide guidance, and

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establish a positive work environment,
enabling your team to perform at its best.

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Let's talk about the specific tasks an
OBM can handle, and how they'll free up

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your time to focus on business growth.

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They'll manage project coordination,
team communication, systems

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implementation, and maintenance.

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Also, contractor and vendor management,
budgeting, and tracking business metrics.

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With an OBM taking care of the day
to day operations, you can focus on

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strategy and expanding your business.

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What's the typical cost of hiring
an OBM, and how can I determine

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if it's a worthwhile investment?

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The cost of hiring an OBM varies
based on experience and location, but

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you can expect rates between 50 and
100 per hour, or a monthly retainer

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fee ranging from 1, 500 to 5, 000.

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There are also other options, like
looking for a fractional team that

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includes an OBM as part of the team model.

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That's the primary option my
agency provides when we deliver

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virtual teams to our clients.

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In almost all cases, it's going to
make sense to delegate the day to

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day operations and all of the tasks
and management of your team to an OBM

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rather than you having to act as the
project manager and, uh, you know,

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manage all of those tasks and all of
those people on a day to day basis.

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How do I effectively communicate with
and manage my OBM to ensure we're aligned

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with my business needs and objectives?

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Well, communication is key.

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To effectively communicate with your
OBM, establish regular check ins,

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use project management tools, and
maintain open lines of communication.

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Clearly outline your expectations,
goals, and timelines, and provide

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feedback to ensure alignment
with your business objectives.

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Lastly, let's discuss some success stories
of businesses that have significantly

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benefited from hiring an OBM.

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These businesses have experienced
increased revenue, improved team

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efficiency, streamlined operations,
and successful project completion.

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With our solo to virtual CEO program and
included OBM, our client Denae was able to

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build and launch a new flagship course in
eight weeks that went on to generate over

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six figures in revenue in the first year.

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In the process, we also helped
her grow her email list to

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over 30, 000 engaged followers.

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Her feedback was that it was critical
having the OBM role in her virtual team

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to enable her to get out of all of the
day to day management of building sales

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funnels, creating email sequences,
following up with people on social media.

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Instead, she was able to focus on
the core that her business needed,

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which was podcast episodes to
attract new people into her audience.

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And to record and deliver
her courses and programs.

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Everything else she was able to
delegate to her OBM, who then

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orchestrated the team in getting
created and built into her business.

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So there you have it, those were the
10 most frequently asked questions

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about online business managers.

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Hopefully this has given you a better
understanding of the role and value

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of an OBM in your online business.

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If you're feeling overwhelmed with
daily tasks and need someone to

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manage your operations, systems,
and team, an OBM might be just

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the solution you're looking for.

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Don't forget to like, comment, and
subscribe for more great content to help

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you grow and scale your online business.

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And if you want to add an OBM to your
business, even just part time, click

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the link below for more information.