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CHAPTER 4 BUILDING A BUSINESS THAT WORKS... WITHOUT YOU

So, how are some businesses like Subway (Food), 7-Eleven
(Convenience store), Sake Sushi (Food), McDonalds, Giordano,
Jean Yip (Hairdressing and Beauty), Mr. Minit (Shoe repair),
Kumon (Education) etc... able to start small (like everyone
else) and go on to build hundreds or even thousands of outlets,
serving hundreds of thousands of customers regionally and
internationally? How are they able to maintain the same level
of service and product quality, no matter how big they get?

The difference is that the owners who started these businesses
never spent their time focused on working IN the business as
employees. Ray Kroc (founder of McDonalds) never spent his
time cooking French fries and serving milkshakes. Jean Yip
did not focus on cutting and washing hair and Ryan Hillsdon
(founder of Mr. Minit) never spent his time repairing shoes or
making keys.

Instead, they focused their time working ON the business.
They spent their efforts building a business system that could
be run perfectly, without them being there. Once perfected,
they could then hire the 'right' people to run the business,
which can then be replicated into thousands of branches all
over the world.

Millionaire Entrepreneurs Focus their Time
Working ON the Business Instead of Just Working
IN the Business.

Have you ever wondered why some businesses never seem
to be able to grow, no matter how much effort the owner puts
into it? I have a friend who has been running a coffee shop
for the last seven years. Day in and day out he works from
7am to 11pm, but his small business returns about the same
profits it had when he first started.

SECRETS OF BUILDING MULTI-MILLION DOLLAR BUSINESSES 103