The Cost Of Entrepreneurs Doing The Work

Posted by sundaydriver under Management
From http://www.mikemichalowicz.com 3913 days ago

Work On Your Business

Michael Gerber, author of The E-myth Revisited (a must, must, must read for every entrepreneur ever – but I digress), taught us the key to business growth: Work on the business, not in the business. Yet, entrepreneur after entrepreneur keeps working in their business.

When you, the entrepreneur, do the work it costs you nothing except your time. You don’t need to pay an employee, because you are doing it. You don’t need to pay a vendor, because you’re doing it. You save lots of money, because you are doing it. You would think. But you’d be wrong.

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Comments

Written by BizRock
3909 days ago

I like this article. That's so true, your time is much more valuable that you think. Spend it wisely. Thanks for this amazing article.

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Written by bigmoneyweb
3913 days ago

I can't agree more Mike. Many business people do think that the best way to grow their business is to do everything by themselves but on the long run, you'll discover that they're just killing the business. Our time is the most valuable asset we have and we should always spend it wisely. Outsource some of the tasks and focus on the most important ones. Thanks for sharing this with the bizsugar community.

Val

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