Let’s face it, we entrepreneurs want to be at liberty to travel the world and explore all the goodies life has to offer without having to worry about the possibility of a failing business. We want to build a business empire that outlasts us. However, for most entrepreneurs, the reality of our attachment to our businesses is far from these luxurious dreams. Some people are self-employed in the guise of running a business, while most who actually have built businesses have such businesses revolve completely around them.
Kevin O’Leary’s (of Shark Tank fame) is famous for his quip, “what happens to my investment if you stepped out onto the road and a car crushes you into road pizza?” This is the reality with most entrepreneurs as they have working ideas which simply cannot function without them. This strategy is counterproductive to the growth potential of our businesses. Entrepreneurs need to build systems not chores!
It is not uncommon to find entrepreneurs who make all the decisions across all areas of their business; which renders their business ineffective without them. Conversely, what we should learn to do as entrepreneurs is to build systems that we run, but can as well function without us. The best way to prepare your business for success is to run it like a success. Celebrated businesses have specific goals, time frames, processes, and strategies that are distinct in nature, small businesses should have those too.
No matter how small your business is, your ability to create functional business flows is vital to your ability to scale.
Of course you’ve not got all the money and the manpower of a large corporation, nevertheless a simple yet functional system can be created even with your very limited resources. This is where entrepreneurs should leverage the power of digital devices, the internet, social media, and the very concept of outsourcing (where applicable).
Keep in mind that the brand culture of any business is not established when they made their first million; the effort necessary to achieve your business objectives must be applied from the earliest stage. The foundation for a sustainable business begins by creating autonomous systems that merely needs to be monitored.
As entrepreneurs, lots of things compete for our time; none of which should be neglected if we will have the balanced life we all desire. Therefore there is a need for us to create business systems which ensures a steady growth for our business, and also gives us the time to indulge all the pleasurable experiences life offers us…including that Caribbean cruise.
Should you need more help with how to create bespoke systems for your business, feel free to drop me a message at daviesokeowo@gmail.com
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