#CaffeinePages18

​

If you’re new here, Welcome to Our Caffeine crew

Read other articles - Click here Read time: 2 minutes

​

​

Why so many small businesses fail?

​

In vs On the Business

​

Because most entrepreneurs don’t understand the difference between working in the business (doing the work) and working on the business (creating systems, marketing, managing, and planning for growth).

​

1. Their Greatest single asset, knowing the technical work of their business becomes their greatest single liability

​

The better you are at the technical work, the harder it is to let go of it.

You become the business.

You wear all the hats.

You’re the designer, the writer, the strategist, the support team, the marketing guy.

​

2. If your business depends on you, you don't own a business you have a job. And its the worst job in the world because you're working for a lunatic

​

You started with a dream of freedom, time, creativity, flexibility. But now, the business can’t run without you.

You're the engine, the wheels, and the fuel. If you stop, everything stops.

​

3. So, what is the solution? System.

​

The system runs the business. The People runs the system. In the Franchise Prototype, the system becomes solution to the problem.

​

4. Work is only an idea before a person does it.

🎙️ Podcast link - click here​

📚 Watch my latest video I just uploaded a new video about The E myth revisited - why small business fail?​

To make sure you receive the next newsletter, we recommend these quick steps:

If you can't find the newsletter, check your spam folder and mark this address as 'not spam.' If the newsletter isn't in your spam folder, check the Promotions tab.

“ Thanks again, Lastly, if you would like to sponsor my newsletter, please let me know by replying to this email.

​Unsubscribe