Channel Eye has joined forces with Royston Guest, leading Business Growth Coach and CEO/Founder of Pathways Global, in our series, ‘Ask the Business Coach’.
As a business owner, it’s easy to become the engine that drives everything – decisions, delivery, direction. But if your business can’t run without you, it’s not truly a business; it’s a job with overheads.
The goal isn’t to do more, it’s to build something that works without constant hands-on involvement.
Three key takeaways
- You cannot build a business that depends entirely on its owner.
- Employ giants.
- Ask: Would you taking a 3-month sabbatical break your business?
Episode timestamps
- [1.10] Make a plan that renders you redundant! You cannot build a business that totally relies on you for everything. Not all roads should lead to you for all decision-making and sign-offs. You are creating a bottleneck and introducing a significant risk to your business.
- [2.05] Employing giants, individuals who could be better than you, enables you to build a high-performance team, but more importantly, frees you up to focus on what you do best. Making yourself redundant means creating systems, empowering people, and building a business that is scalable and sustainable.
- [3.00] Another perspective: Could you take a three-month sabbatical from your business today? Would it still function? Are your team able to operate without you? If not, then you don’t truly have a business; you have a job. You’ve created a crucial dependency on yourself.
Do you have a question for the Business Coach?
Send your questions to [email protected]
Missed a previous episode? Catch-up and watch the series here.
