Work On Your Business, Not in it…!!!!

Work On Your Business, Not in it…!!!

All the Entrepreneurs love to do Business. But what many Entrepreneurs forget is that, rather than working on the Business, they work in the Business. So What is this? Well, i will explain you here that what is it?

Well, Working on Business means you are providing the vision to the Business. While working in the business means you are working in the system of the business as a cog wheel. The main difference between successful and failure businesses is that, the business owners of the successful businesses always work on the business and not in the business. They hire the employees to run those Businesses but they themselves never work in the business.

If you can sit in your office, put your feet up on your desk, and think about the “big picture,” you’re working on your business. If you are the one who builds, and rebuilds, and tweaks, and re-tweaks the direction of your company, you are working on your business. If you define your job as being the person who prepares your business for growth, you are working on your business. If you are doing what you set out to do one, or five, or 25 years ago when you started your company – and having fun doing it – you are working on your business. If you are not doing these things, you own a job. It may be a high paying job and your family may appreciate you all the more for it, but it’s still a job – and you are working IN your business, not ON it!

The ultimate goal of working ON your business should be to have it function as well as possible without you. In other words, it’s an investment! You’re probably never going to get this investment to the point where you can treat it like a common stock or a corporate bond. But, your objective should be to get as close to that point as you can. If you do, you will own something that is valuable to someone else and you the have the option to sell it. If all you own is a job, don’t expect people to line up at your door to buy it.

Your objective should be to get your business to the point where it is NOT dependent on you! Develop your employees to do things without your involvement.

You should take your business to that level from which it can run even without your presence. And Believe me, once your Business runs on Autopilot, There will be a long queue of buyers and investors for your Business…!!!