Today’s show on making the transition from self-employed to business owner. In part 1 of this 2-part episode, I asked this question: “Do you have a real business or have you just created a job for yourself”? If they’re being truthful, most real estate investors will admit they’ve created this beast called a job. And, it’s a job where they are working way too hard.
In part 1 I discussed what makes a true business owner different than most small businesses. A business is something that you can step away from that continues to run and generate income even if you aren’t there.
Here is an even bigger difference: “Entrepreneurs or true business owners, organize their businesses for growth. They know from the very beginning they want to scale. A true entrepreneur knows that their job isn’t to do the work, it’s to build a company that does the work”. I also talked about how to begin to outsource tasks in your business in part 1. You can see that it’s all about planning. They knew right from the beginning they were building a business.
It’s definitely not too late to pivot and begin the process to “fire yourself”.
If you missed part 1, I will put a link to that show below. If you haven’t already gotten my work sheet “Fire Yourself” you can do that by CLICKING HERE.