To build a successful business, you have to spend time working ON your business.
- What is working on your business?
- It is not Estimating / Project Management / Labor / Accounting / Etc.
- It’s planning and managing others
- It’s strategic thinking
- Creating procedures and building your culture
- It’s a constant struggle
- Too often working in your business takes precedence over working on it
- We put off the things we need to do
- We are putting out fires
- Most of this stems from bad habits
- Micro-managing
- Poor delegation
- Improper spending
- Break the bad habits
- Take a look at what you do every day
- Where are you wasting time?
- Carve out some time every week for “must-happen” work on your business
- Make some plans and start executing them
- Take a look at what you do every day
Key Questions:
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Are you working “on” your business or “in” your business?
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Do you spend enough time working “on” your business?
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How can you spend more time working “on” your business?
Take-Action Items:
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Review your daily tasks and actions
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Eliminate wasted time that can be handled by others or just not done
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Set aside some time for working “on” your business
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Make some plans