Sure fire ways to kill your business

Part #1–Working “In” Instead of “On” Your Business

Straight from Michael Gerber’s book - The E-Myth Revisited, the biggest mistake that most entrepreneurs make is “majoring in the minors.” In other words…not paying enough attention to the things that really matter the most to your success.

 

At the end of each day, take a look at the things you crossed off your “to do” list and see how many of them could have been done by someone making a third of the salary you make. If most of them fall into that category, then you need to change your priorities.

As a small business owner, manager or VP, you may be the only one that can provide the strategic direction that the company needs to survive, but I guarantee that you’re not the only one that can do bookkeeping or take inventory. As hard as it may be to let go of certain tasks, hire out those tasks whenever you can.

Put another way…what is one thing that you could do tomorrow that would have the most dramatic effect on your company’s future. Think about it.

 

 


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