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#17: The Formula For Building a Self-Managed Business
Manage episode 234409605 series 2283950
Building any business is HARD
For most business owners, it's not uncommon for them to have to wear multiple hats day in and day out to keep things moving along...
The problem with this is that eventually, you begin to hit a ceiling of diminishing returns - where spending more time, actually starts to hurt your growth.
Enter the need for building a "self-managed" business...which is just a fancy way for saying that your business can function without relying on you day in and day out.
After spending the past 12+ years building and growing "self-managed" teams and business - I began noticing a pattern at play..
It looked like the above formula, and the easiest way to describe it is by using the "viking ship" analogy...
When you can say that you have the right people in the right seats, doing the right things at the right time..WITHOUT needing you there to push the flywheel..
...THAT'S when you can say you've got a "Self-managed" business, and can then start to push the pedal to the metal.
If you'd like to learn how to get started making this transformation in your business, I've put together some free training over at http://bookwithtim.com
111 قسمت
Manage episode 234409605 series 2283950
Building any business is HARD
For most business owners, it's not uncommon for them to have to wear multiple hats day in and day out to keep things moving along...
The problem with this is that eventually, you begin to hit a ceiling of diminishing returns - where spending more time, actually starts to hurt your growth.
Enter the need for building a "self-managed" business...which is just a fancy way for saying that your business can function without relying on you day in and day out.
After spending the past 12+ years building and growing "self-managed" teams and business - I began noticing a pattern at play..
It looked like the above formula, and the easiest way to describe it is by using the "viking ship" analogy...
When you can say that you have the right people in the right seats, doing the right things at the right time..WITHOUT needing you there to push the flywheel..
...THAT'S when you can say you've got a "Self-managed" business, and can then start to push the pedal to the metal.
If you'd like to learn how to get started making this transformation in your business, I've put together some free training over at http://bookwithtim.com
111 قسمت
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