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Building a business is a process.
Making the journey from Employee to Sole Proprietor to
Business Owner takes time, patience, on-going education and
skill.
Quiz Grading: 1.No -5 pts.
2.No -5 pts 3.No -5 pts 4.Yes -5 pts
5.Yes -5 pts 6.Yes -5 pts 7.No -5 pts 8.No
-5 pts 9.No -5 pts 10.No -5 pts 11.Answer
2 -5 pts 12.Answer 2 -5 pts
If you scored 50-60 points,
Congratulations! If not, keep reading:
It begins with
thinking like a business owner.
Most of us are taught to
specialize and to become good employees. Thoughts
and ideas we were given that make us good employees do not
necessarily makes us good employers. Here are a few of
the most damaging, debilitating and limiting thoughts an
employer can have that will keep them in struggle, on their
own, cause them to suffer financially and create upset and
annoy their customers and clients:
“If it is to be it is up to me.”
“If you want things done the
right way, you have to do them yourself.”
“Hard work is the key to
success.”
“My customers and clients only
want to do business with me.”
“I don’t want to manage a bunch
of people.”
“Owning and running a business is
too much work.”
Our book, our tools and our
products are designed to assist you as you journey from
Employee to Sole Proprietor to Business Owner. You must go
there mentally first. Attempting to become a business owner
while still having the employee mind-set will not work. You
must develop the Business Owner Mind-set.
Here are some thoughts of a
Business Owner:
“If it is to be it is up to me to
write a simple, easy-to-understand system and hire someone
else to do it.”
“If you want it done the right
way, hire the right people to run the right systems.”
“Laziness is the key to success.
I need to find someone else to do this.”
“Because of the world class level
of service my company is able to provide with its employees
and systems working harmoniously together, my customers and
clients continue to do business with my company and send my
company referrals as it is my job to make sure everything gets
done perfectly, but it is not necessarily my job to actually
do the work.”
“My people-person manager manages
my people. I manage my business.”
“It took two years of hard work
to get my business built. Now it works so well I don’t have
to.”
“I am better
off on a team than I am by myself.”
There are many misconceptions
about what it takes to run a successful business. That
is usually because Sole Proprietors are often referred to as
business owners who work all the time and never have time to
enjoy their families, their lives or the fruits of their
labor.
Do not be confused by this. These
people are not Business Owners. They are Sole Proprietors and
they are a poor model of how to live! They think they are a
Business Owner, but that does not make them a Business Owner.
Just because you ask them what they do and they say “I own my
own business.”, that does not make them a Business Owner. If
they can’t leave it for thirty days and have it either
maintain or grow in their absence, it is not a business.
That is the
test.
Your home is a business. Most
homes have income, expenses, inventory, accounts receivable,
accounts payable, budgets, and logistics, policies and
procedures, etc.
Most all organizations have the
same categories: income, expenses, inventory, etc. Therefore,
most organizations are business. However, most organizations,
like most homes and like most businesses are not run like a
business. If you do not design it, build it and run it like a
business, you will soon be out of the business.
That is why we designed this quiz
and the Business Blueprint. The Design Phase is done! All you
have to do is fill in the blanks!
Thank you for taking the quiz. We
hope it helps begin the thinking-like-a-Business Owner
process! |