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Most Recent Articles
- Limiting Your Small Biz Work Hours
For small business entrepreneurs, the bottom line should not be the only measurement of success, because generating income via our business will never be the only important aspect of our lives. A small business owner who makes boat loads of money, but has little time for their spouse and kids lacks balance and usually true happiness. When starting your business, you should give considerable thought to how much time you’re going to have to spend working in your business both in the short term and in the long run once you get the business profitable and running smoothly. Is your business capable of being systematized so others can run it profitably without you? Systematization is a key ingredient for generating residual income and for your business to grow via scalability. It is important that you are clear on whether you want to own a business or a job. It is important to note that owning a job is much more difficult and will require much more of your time because you will have to provide the service or build the product for your customers while still finding time to run the business.
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