Our definition of a successful business is a commercial profitable enterprise that works without you as the business owner. If it can't, you don't own a business, it's a job.
A lot of business owners I speak to think they own a business but they really own a job. And some have really good jobs but it isn't a business.
How do you own a business instead of a job? The answer could be found in answering one simple question: would someone want to buy your company?
Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have a job, not a business. No one really wants to buy a job, and if they do, they're not going to pay you that much for it.
Let's now look at 8 ways to ensure you are building a company and not just doing a job:
If you’re not sure whether you have a job or own a business, schedule your free strategy session below so we can discuss things over and I can help you work smarter, not harder.
Check out our other Business Tips to Work Smarter not Harder
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Learn strategies to create a success mindset to help you to achieve your goals and dreams
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