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#41 - How to Build an Advisory Board & Executive Team That Scales Your Business Beyond 7 Figures

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Manage episode 478567925 series 3553250
Content provided by Jessica Marx. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jessica Marx or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

What’s the difference between a business coach and an advisor—and when is it time to build your executive team? In this episode of Millions Were Made, host Jessica Marx is joined by her Chief Integration Strategist, Brooke Dumas, to unpack the leadership strategies that drive profitable, scalable growth for high-level entrepreneurs.

Whether you're preparing for rapid expansion or feeling stretched as a founder, this conversation breaks down the key roles every growing business needs—from fractional CFOs to strategic advisors—and how to avoid common hiring mistakes that can slow your momentum.

Jessica and Brooke share a data-driven, real-world approach to:

  • Structuring your leadership team
  • Avoiding premature promotions
  • Making smarter decisions about when (and who) to hire

If you’re serious about scaling your business sustainably, building the right advisory board could be your next power move.

What You’ll Learn in This Episode:

(01:19) The difference between business coaches and business advisors—and why that distinction matters for your growth.

(03:23) How strategic advisors help optimize profitability and reduce founder dependency.

(05:10) Why staying ahead of industry trends is critical in today’s business landscape.

(07:29) The problem with one-size-fits-all advice—and why tailored strategies are essential.

(09:28) Why mass coaching programs often fall short for scaling businesses.

(12:01) A step-by-step guide to hiring executive leadership: CFO, COO, CMO, and more.

(14:56) The risks of promoting internal team members to executive roles too soon.

(18:46) How to vet potential business advisors and ensure they can deliver real results.

(20:22) The most important questions to ask when hiring key leaders or consultants.

Links Mentioned:

Work with Jessica: tailoredpremier.com

Website: Millions Were Made

Instagram: @millionsweremade | @thejessicamarx

Connect with Jessica:

Instagram: @thejessicamarx

Website: tailoredpremier.com

  continue reading

45 episodes

Artwork
iconShare
 
Manage episode 478567925 series 3553250
Content provided by Jessica Marx. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jessica Marx or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

What’s the difference between a business coach and an advisor—and when is it time to build your executive team? In this episode of Millions Were Made, host Jessica Marx is joined by her Chief Integration Strategist, Brooke Dumas, to unpack the leadership strategies that drive profitable, scalable growth for high-level entrepreneurs.

Whether you're preparing for rapid expansion or feeling stretched as a founder, this conversation breaks down the key roles every growing business needs—from fractional CFOs to strategic advisors—and how to avoid common hiring mistakes that can slow your momentum.

Jessica and Brooke share a data-driven, real-world approach to:

  • Structuring your leadership team
  • Avoiding premature promotions
  • Making smarter decisions about when (and who) to hire

If you’re serious about scaling your business sustainably, building the right advisory board could be your next power move.

What You’ll Learn in This Episode:

(01:19) The difference between business coaches and business advisors—and why that distinction matters for your growth.

(03:23) How strategic advisors help optimize profitability and reduce founder dependency.

(05:10) Why staying ahead of industry trends is critical in today’s business landscape.

(07:29) The problem with one-size-fits-all advice—and why tailored strategies are essential.

(09:28) Why mass coaching programs often fall short for scaling businesses.

(12:01) A step-by-step guide to hiring executive leadership: CFO, COO, CMO, and more.

(14:56) The risks of promoting internal team members to executive roles too soon.

(18:46) How to vet potential business advisors and ensure they can deliver real results.

(20:22) The most important questions to ask when hiring key leaders or consultants.

Links Mentioned:

Work with Jessica: tailoredpremier.com

Website: Millions Were Made

Instagram: @millionsweremade | @thejessicamarx

Connect with Jessica:

Instagram: @thejessicamarx

Website: tailoredpremier.com

  continue reading

45 episodes

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