Are You A Technician or A CEO
If you are working in your business and not working on it you have a job and not a business. Building a business that runs without the owner will 1) give the owner more time; 2) position the business to grow and make money and 3) Increase the worth of the business if the owner wants to sell. Working on the following leverage points makes an owner think more like a CEO and less like a technician.
1. Concentrate on having an attitude of a CEO.
2. Use time more effectively
3. Develop an organizational structure of roles who work “in the business.”
4. Recruit talent who are accountable for meeting objectives in their role
.5. Develop routine processes with standards.
6. Develop repeatable systems to get consistent results.
7. Use technology wherever possible to automate routine functions.
8. Building a team that is aligned, involved and motivated.
9. Continue to evolve the owner’s role as leader who sets overall direction, motivates, attracts and retains talent, continuously raises the bar and builds the business the way a CEO should.
A business that has these things in place can look forward to lasting success.
