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031- Are You Working On Your Business Or In Your Business?

7/23/2018

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If you do too many tasks and work at the grass roots level, you are working in your business.  Successful owners learn to work on their business by incorporating specific leadership and management techniques to optimize their own resources and free themselves up to be more strategic.

1:15   How does the listener benefit?
If you are working long hours with little progress, contstantly mediating disputes with employees or missing opportunities to grow revenue or profits, you maybe spending too much time in the 'weeds' of your business.  In this show, we will tell you how to avoid this or get out of it if you are already there.
 
2:00   Discussion points: (8:00 mins)
  1. Thinking that only you can do all the important work
  2. Not having or focusing on your vision and the prioroities that support it.
  3. Missing the opportunity to develop your people by not delegating properly
 
10:00 Tips for improving in this area or overcoming this problem: (7:00 mins)
  1. Decide if you want to be the owner.  What's your vision and mission?
  2. Decide your priorities and what you spend your time on.  Delegate the rest.
  3. Get the most from your people.  Train them on the highest standards.
  4. Hire the right people and compensate them to go above and beyond.
 
17:00 
Final Take-aways: (2:00 mins)
M
ost business owners who work 'in' their business are either solo- practicioners or very overworked, unproductive business people.  Learn what to do to lift yourself above the daily operating portion of your business.
 
19:00 Closing comments: (show promotion, next episode, events, etc.)
     
 
20:00 Show ends
 
Resource Information:
https://boss.blogs.nytimes.com/2011/04/21/a-plan-for-working-on-not-in-the-business/
 
Working Too Much in Your Business? Ask Yourself These 6 Questions- https://www.entrepreneur.com/article/248075


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