oter

Working on your business is just as important as working in your business from "summary" of The E-myth Revisited by Michael E. Gerber

In the midst of running a business, it's easy to get caught up in the day-to-day operations. There's always something demanding your attention – a customer concern, an employee issue, a financial problem. It can feel like you're constantly putting out fires, trying to keep things running smoothly. But if you're always buried in the details of your business, you'll never have the time or energy to step back and look at the bigger picture. Working on your business is about taking a step back from the day-to-day tasks and focusing on the long-term vision. It's about setting goals, creating systems, and developing strategies that will help your business grow and thrive. When you work on your business, you're not just reacting to problems as they arise – you're proactively planning for the future. Think of it this way: if you're always working in your business, you're like a hamster on a wheel, running in place but never making any real progress. But when you take the time to work on your business, you're like a captain steering a ship. You're charting a course, navigating through rough waters, and ultimately leading your business to success. Working on your business is an essential part of being a successful entrepreneur. It's what sets apart the businesses that stagnate from the ones that thrive. By dedicating time to work on your business, you're investing in its future – and in your own success as a business owner. It may seem counterintuitive to step away from the daily grind, but in the long run, it's what will make the biggest difference. So next time you find yourself bogged down in the details, take a step back and remember: working on your business is just as important as working in your business.
    Similar Posts
    Equity splits should reflect contributions and potential
    Equity splits should reflect contributions and potential
    Equity splits among founders are a critical issue that can have long-lasting implications for a startup. It is essential that t...
    Collaborate with likeminded individuals
    Collaborate with likeminded individuals
    To come up with an excellent business idea, it is crucial to collaborate with likeminded individuals. These are the people who ...
    Businesses must constantly adapt
    Businesses must constantly adapt
    In the ever-changing world of business, one thing is certain: adaptation is key. It's not enough to simply create a successful ...
    The turnkey revolution is about creating a business that runs itself
    The turnkey revolution is about creating a business that runs itself
    The turnkey revolution is about more than just creating a successful business. It’s about creating a business that can run with...
    Key partnerships can drive business growth
    Key partnerships can drive business growth
    Key partnerships play a crucial role in driving business growth. By forming strategic alliances with other businesses, companie...
    Invest in building strong relationships with key stakeholders
    Invest in building strong relationships with key stakeholders
    Building strong relationships with key stakeholders is a crucial component of business success. These stakeholders can include ...
    Take calculated risks
    Take calculated risks
    Taking calculated risks is a fundamental principle in entrepreneurship. It involves making decisions that may involve uncertain...
    Innovate with a sense of urgency
    Innovate with a sense of urgency
    The idea of innovating with a sense of urgency is crucial in today's fast-paced business world. It is not enough to simply come...
    Embrace innovation and creativity
    Embrace innovation and creativity
    When it comes to achieving success in any endeavor, embracing innovation and creativity is key. This concept is all about being...
    Mindfulness can improve focus
    Mindfulness can improve focus
    When we talk about focus, we are referring to the ability to concentrate our attention on a specific task or activity. Many of ...
    oter

    The E-myth Revisited

    Michael E. Gerber

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.