The Big Question
The big question is do you have a business? Or are you just self-employed? There is a difference. Take a look at successful franchises: McDonald’s, In and Out, or any other fast food operations.
Most are run by teenagers or baby boomers citizens. You rarely see the owners. That is a business. It runs whether the owners are there or on vacation. Your ultimate goal is to become an entrepreneur who is in charge of your business but not in control.
Your Job or Place of Employment
Your job is a business. The Big Question… unless it’s a mom or pop shop do you ever see the owners? If you do are they doing your job? Are they cleaning up, doing the accounting, handling customer service, etc.?
Or are they the rainmakers? It is their job to bring in the $$$ so you as an employee can get paid. That is what entrepreneurs do. They hire people to carry out their vision. You as their employee carry out their vision.
When you start your business. It is up to you to get people to carry out your vision. At first, you may be the lone wolf. You will wear many hats. At some point, you must learn how to delegate, delay, defer, or delete tasks so you can focus on growing.
Can you answer “Yes” to all of these questions:
- Your business is debt-free and makes more profit than you need to live on.
- You can reliably buy all the traffic you want.
- Do you take more than a month of stress-free vacation time every year?
- Your industry is growing?
- Your brand of USP (Unique Selling Proposition) slices through the noise in your market.
- You love what you do every day and you love your employees?
- Your business allows you time to have thriving personal relationships.
- You could sell your business for a nice sum, leave it to your kids, or transform it into a hands-off cash cow as early as this month.
- Your STAR Principle score is 100 or higher? (Check Out PerryMarshall.com For This)
If you can’t answer yes to all of the questions (I can’t answer yes to all either) then you have some work to do. The ultimate goal is to grow an empire where you make $$$, impact your community, provide jobs, and leave a legacy.
If that is not the end result then why are you an entrepreneur? Are you being selfish to satisfy your own needs? If that is the case then go get a job. Entrepreneurship is bigger than you. The big question again is… Do You Have a Business?
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