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CHAPTER 4 BUILDING A BUSINESS THAT WORKS... WITHOUT YOU
If Your Business Cannot Work Without You...
You Lose Your Freedom
So what's the problem with this? The problem is that if your
business only works when you are there, then you have
sacrificed the most important reason for being an
entrepreneur...FREEDOM. You can never take a holiday. If
you were to ever take leave for a month, your business may
no longer be there.
In this scenario (which is all to common for most entrepreneurs),
you will be trapped in your self-created 'cage' until the day
you die. You will never be able to sell your company or let
someone else run it for you while you retire. You will end up
spending seven days a week, working 13-hour days or more,
and working to the very end. Not a rosy picture, is it?
If Your Business Cannot Work Without You...
It Cannot Grow and Expand
The other problem is that if your business cannot work without
you, then it can never grow beyond your physical capabilities!
It will forever be constrained by the limited time you have.
You can only serve a limited number of customers, provide
a limited range of services within a single shop or office.
I often hear entrepreneurs say that they have trouble coping
with a single shop/office with six employees, serving 20
customers at a time.
They say, "I am already working 13-hour days, seven days
a week, to cope with the workload. If I were to open up
another office in a different region/ country, quality (of my
product or service) will decline or I would die of exhaustion.
Entrepreneurs like these are never able to grow their business
to its fullest potential.
102 SECRETS OF BUILDING MULTI-MILLION DOLLAR BUSINESSES