After fifty years of running a tremendously successful planning firm, WORKING ONLY eighty days a year, I can make this statement with full confidence!
Every business owner deserves success and financial independence when they give all they must to build a business. NO issue here. If done correctly they will enjoy financial independence and an abundance of leisure time which I call “your beach”.
What gets in the way of preventing a business owner from becoming financially independent and finding their “own beach”, are two things:
First Reason: The business owner has their hands in everything. Nothing gets by them. They work eighty hours a week and wonder why they have no time for themself or families. They believe you must work “hard” (to them that means anything that keeps them busy). While they are doing insubstantial work, they are neglecting the important work (The Business and Financial Key Elements to Their Business).
Second Reason: Archaic and falsehood beliefs that business owners “bought into”, such as.
- Your inventory and your receivables are like money in the bank,
- You must work hard in the early years so you can slow down in the later years
- Take every dime you have and invest it in your business
- You need to invest in your business in order to grow
- Every business needs time to grow
- You can’t grow fast
- Borrow as much as you can
- It’s a lot of money, but it’s a write off
- When you go into business you initially spend more money than you want to
- You need to invest in your business
- Plow all your profits back into the business
- You don’t need to give your key people additional benefits
- “It’s easier for me to do it, I’ll do it the right way” attitude
- If I train someone to do it, they may leave me and start their own business
- You don’t need a business valuation just use a simple formula
- I have all the systems in my head, we don’t need a document
- I’m not worried about leaving the business, they will figure it out
Falsehoods, and archaic business principals do more to destroy businesses than a bad economy. If you don’t fix this situation, no matter how hard you work; YOU WILL NEVER GET TO YOUR FINANCIAL INDEPENDENCE AND “YOUR BEACH”. It’s that simple!
But the good news is that you can correct these problems by using a technique that has worked for me and my business clients for over fifty years. It’s called the “ONE PAGE BLUEPRINT SOLUTION”, and it only takes TWO HOURS A MONTH (two lunch breaks) to implement and correct the two major reasons why business owners can’t become financially independent and find their “own beach.”
To help you learn more on how you can eradicate the two reasons, I am offering a free copy of my eBook called, “Unlocking Your Business DNA”, (Cracking the code to a better business, bigger profits and more time on the beach). THIS BOOK WILL help you understand the principals discussed. Limited supply. To receive your FREE EBOOK, CLICK.
* Book can be purchased on Amazon; Kindle and Paperback. All profits go to Wounded Warrier Project.
**Full Steam Ahead (title; You Saw It Coming)