working on your business not in your business: ARE YOU SEEING THE BIG PICTURE OF YOUR BUSINESS?
- 11/21/21 08:54 PM
Ask a business owner how it is going. You might get the answer, “very busy.” Is that a good thing? It depends. If it means lots of customers and revenue that is a good thing. Many times, it means that they are so busy just keeping the business running. In this case the business is running them. Just having a product or service that people want will produce income and can pay bills, but will it truly produce success? But this has not spelled success for many businesses and the lack of the true understanding of what it takes has caused businesses … (19 comments)
working on your business not in your business: TRUST BUT VERIFY
- 05/09/21 08:33 PM
I am working with a client who owns a Property and Casualty Insurance Agency. She says she want "partners" as she terms it. However, she does not exhibit that behavior in managing. The behavior is a habit that has come from her experience. She was burnt once before and now she is afraid to be burnt again. I explained that the candidate for operations manager would be an excellent performer. But the candidate won’t accept the position if she feels ownership will not trust her or that ownership will micromanage. This problem comes up all too often. A business owner or agency … (30 comments)
working on your business not in your business: IF YOU ADD A TEAM MAKE SURE THAT YOU HAVE A GROWTH PLAN
- 01/06/19 06:48 PM
What would you like to happen in your business in 2019? Do you want to add people to your real estate business? You would like to be a success story by the possibility exists that you may just dilute the same amount of business your had before you added people. One of the biggest challenges is not starting as a solo agent but growing the business and adding people. Michael Gerber, in his book “The E Myth Revisited”, discusses the reasons this is true. The e-myth or the entrepreneurial myth as described by Gerber incorrectly assumes that the desire of the new … (28 comments)
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Ask a business owner how it is going. You might get the answer, “very busy.” Is that a good thing? It depends. If it means lots of customers and revenue that is a good thing. Many times, it means that they are so busy just keeping the business running. In this case the business is running them.
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