No matter how big or how small your business, there are 9 Factors that need to be covered in order to make sure you are building an asset.
And attention to these factors is the difference between being a business owner and just having a job.
Building a business that is independent of the owner is absolutely critical. Otherwise you have built yourself a job – actually it’s worse than that, because with a job you can quit. You can’t just quit and not come back with a business. You have responsibilities and you have commitments.
As Michael Gerber of E-Myth says – just because you understand the technical work of a business that doesn’t mean you can successfully run a business that does the technical work. Just because you are great at what you do, outstanding in your job even .. it doesn’t necessarily mean you can be successful in your own business.
Sometimes you have to walk before you can run and putting in place the fundamentals make creating a scalable business so much more efficient.
That is our goal with the 9 Factors – to cover the 9 key areas that you need to master in your business to truly create a small business that is independent from you – so you can spend your time doing the things that you choose to.