Start-Up Costs đź’°
How did you come up with the money to start your business? Did you save up or borrow to start your dream? Starting out, I used my own money to acquire the equipment needed. It kept the risk low while I navigated our first few years in business. Which path did you choose?807Views2likes5CommentsHow do you stay motivated ?
I learned that the best way to stay motivated is to look at what you want your life to be in the next 5,10,15 years and set a goal for that, then remove all obstacles that make you unmotivated. What are your thoughts and ideas about staying motivated?63Views2likes1CommentThis Book Has Been Foundational For Me!
Alright, listen up. If you’re runnin’ a small business and haven’t read Michael Gerber’s The E-Myth Revisited, you’re missin’ out big time. This book’s a game-changer, no two ways about it. Gerber breaks down why most small businesses fall flat and how to dodge that bullet. And here’s the kicker: it ain’t about how good you are at your repairing something; it’s about how well you run the business. Gerber’s got this idea that every business owner’s got three jobs: The Technician – the doer. This is the one out there grindin’ it out, doin’ the actual work. You’re a plumber? That’s you fixin’ leaks. The Manager – the one keepin’ things in line. Schedules, budgets, makin’ sure everything’s runnin’ smooth. The Entrepreneur – the big thinker. The one lookin’ down the road, dreamin’ up where this business can go next. Problem is, most folks are stuck bein’ just Technicians. They’re good at doin’ the work but not so good at runnin’ the show. That’s why they end up exhausted, overwhelmed, and still strapped for cash. If you wanna run a solid business, you gotta stop tryin’ to do everything yourself. You need systems & processes, you need to be able to hand stuff off so the whole thing doesn’t fall apart if you’re not there. That means you gotta step up as the Manager and Entrepreneur, not just the Technician. It’s the only way you’re gonna grow and get outta the daily grind. The eventual goal is to be in Entrepreneur mode full time! There’s even an E-Myth Contractor version, but don’t jump there just yet. Start with the original. The basics are the same no matter what kind of gig you’re runnin’, and once you get those down, then you can see how it fits for your trade. The E-Myth ain’t just a book; it’s a playbook for people like us running a business.53Views2likes2CommentsWhat are your goals for your business?
Starting and owning a business is risky, exhausting, and immensely challenging. Why did you choose to go out on your own, and what are your goals for your business? What other communities are you a part of that have helped you on your journey?52Views1like1Comment