I stumbled across this post today, which is quite an insightful read. The question “Do you want Riches that you don’t have time to use, or Wealth that allows your business to make money while you’re on vacation?” is one we’ve all grappled with at some point.
The biggest problem in trying to grow a business is that we’re too busy making money. It’s not a play on words – it’s a serious problem. You’re too busy making money.
The overarching swing and a miss here: We think that our purpose in business is to make money when our purpose in business is to BUILD A BUSINESS that makes money. These two things are worlds apart, and almost every business I work with is absolutely buried in making money, which will keep them from ever making a lot of it. Why?
Great stuff by consultant Chuck Blakeman. Read the rest of the article here.
Thanks for reposting this. I wish I could say I’ve never struggled with this, but I’ve had the same issues as everyone else. The thing that is helping me most to overcome it is a Business Maturity Date.
I now know what my business (and my income and involvement in that business) looks like at Maturity, and when I want to be there – Friday, February 18, 2011, at 10am. We leave the office at 10am that morning after a champagne toast to turn over the mgt. of the business to others because at 6:25pm that night my wife and I leave for New Zealand for her dream vacation.
I expect to have Wealth on that day – a business that makes money while I’m on vacation, and the ability to choose what to do with my time going forward. It’s an exciting prospect that gets me out of bed every morning.
What gets you out of bed in the morning?