Do you own a business or do you own a job?

[Sanj Modha]

I'm currently reading The E-Myth by Micheal Gerber and it hit me. I run 7 figure businesses and I thought I had it 'made'. But there's something in that book which is an eye opener for me. Michael says, "If your business cannot run without you then you do not own a business. You own a job".

If you think about it - he's right. Your life isn't your business. Your business creates your dream life. I've been looking at this the wrong way for a long time because my businesses cannot exist without me.

The book also talks about The Franchise Model and how every business should be run like a franchise i.e. anyone can take the process manual and replicate your business.

I'm going back to the drawing board and changing how I do things now. I need better processes that can operate without me. It's tough but it's necessary.

 

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[Scot]

I just got the audiobook yesterday, almost done with it.

It's really come at a perfect time as I'm laying the foundation for my next business. It's a perfect opportunity to create a business system rather than a product.

 

[The-J]

I own a F*cking job. Sure I can take a day off and it won't really affect my paycheck because a good chunk of my current income comes from retainer clients that I report to via the Internet. But I can't take the month off because the next month would be $0 income. Everyone around me, except for FLF guys, say that this is perfectly normal and it's how it's supposed to be. But I know it's not.

@458 opened my eyes when he said that the system has to be able to be run by people dumber than me. I'm not the smartest tool in the box but I know that without my experience, I wouldn't be able to hold this mess together.

Felt good to get that off my chest. I need a new direction. @Andy Black