Let’s talk about how to be a business owner and how to not be a business operator. Not everybody’s cut out to be a business owner, as I found out from years of working with people who own their own businesses. Moving from being a business operator to being a business owner often times requires changing the programming in your head.
If you’re an entrepreneur, you know that is not a nine-to-five job. Richard Branson or Warren Buffett put in the time to do what they need to do to get the job done. They don’t clock out at 5 o’clock. That is the biggest issue that new business owners have and it boggles my mind. You really have to ask yourself, should I be just an employee? If you want to be an employee that’s great, just know that there’s a cap to what you can do.
The second point is that you have to trust other people. The point of owning a business is to have other people doing the work for you. You find employees to do the right job, give them the freedom to do that, and then you own a business. You don’t own a job anymore. Employees make decisions. They help you grow the business and take ownership for what they do and you reward them appropriately for that.
That, my friends, is how you move from being a business operator to being a business owner. Number one, you’ve got to recognize that you have what it takes to get to where you need to be. Secondly, you need to stop doing everything yourself and trust your employees to do the jobs for you.
This, of course, is not as simple as it seems. If you’re struggling with your business and you want to have a chat about how I can help lay out a plan be a business owner not a business operator, then contact at tom@tomjackobs.com and request a consultation. I’d love to chat about where you’re at and see if I can be of help.
