The Most Important Thing in Business

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You as the business owner have different hats you need to wear.
This is especially true if you are self-employed.
If you are self-employed, you are doing all the things that needs doing for your business.
If you have a small business, chances are you are still doing multiple jobs and have multiple jobs descriptions.
The book "E-Myth: Why Most Businesses Don't Work and What to Do About It", talks about creating systems, and individual job roles.
So when your business grows, you can easily hire employees to fill particular roles.
The E-Myth talks about creating turnkey business systems, much like a McDonald's.
Where anyone can do any job...
However what you need to realize is that it's not all about the little tasks.
That's the job of operations and management to handle the day to day activities of the business.
It was said that the difference between a manager and a leader, is that if they were going through an uncharted jungle the leader navigates cutting down trees, while the manager looks backwards and picks up the fallen.
Your role as the leader and CEO/Owner of your business is to navigate.
It's about implementing successful strategies.
Yes it's also about overseeing execution, and about getting things done, being action oriented.
But you don't want to be too busy doing things, and as Stephen Covey says, one day realize that ladder you've been building and climbing is leading against the wrong wall.
You have to be strategic.
Where do you want your business to go? What is the long term goal of your business? You should always be thinking long term.
And have a long term strategy.
You need to execute well day to day, but always with a long term strategy.
Your main job as a business owner is business building.
If your business isn't growing it's going stale.
Source...
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