Business Value Booster Program

What's the difference between owner-centered and owner-dependent?

Many small businesses are owner-centric. Everything revolves around them. They check every outgoing delivery, handle all the cash, approve every sales estimate. Over time, that has to be fixed if you ever want to step back and work a normal workweek, or maybe sell the business.

The business is truly dependent on you when it simply cannot operate without your presence. If you're the street mime in a mime-for-hire company, or the mechanic at Bob's auto shop, and the only one who can operate the QuickBooks, and the only one allowed to operate the register, then the essential functions are being done by you and you alone. On the days you can't be there, the business simply shuts down. No revenue, no bills paid, no sales made.

Either way, you don't own the business. It owns you.

IF you're in an owner-centric or owner-dependent business, you should act to reduce this, because you can't sustain a 5+ hour week indefinitely. Sooner or later, you're going to have to step away for health or other reasons. When you do, the business stops, as does your income, and it may be hard to get it started again.

Now, while you still have that healthy body and healthy (if demanding) business, is the time to take a few easy steps to make that business less demanding of your time and less dependent on you for survival. Comment here or DM me to get a free Starter Kit to put you back on the road to truly owning your business.