The Most Important Business Question You Will Ever Ask
There is one question however that at some point every entrepreneur needs to ask themselves. In my opinion this is the single most important question a business owner can ask themselves. I'm also willing to bet you have never asked yourself this question before today. The question is
"If I walked away from my business today would it still be here in a months time?"
Whatever your goal, whatever the reason you decided to become self employed, the ultimate goal should be to replace yourself within your business. Once you have replaced yourself you have probably achieved whatever target you set in the first place
If your goal was to spend more time with your family, being able to walk away from your business with the knowledge that it will continue to thrive means you have hit that goal.
If your goal was to build a huge business empire, being able to walk away means that you have more time to be entrepreneurial. This means you can work on growing your business rather than working in your business delivering the final product (and basically being a busy fool).
If your goal was to make lots of money, then being able to walk away and still have a profitable business is huge. It means you have created a passive income which is what you need to do if you want to be financially free.
Whatever your goal, your desire, your clear mental image. Whatever you really want, being able to replace yourself within your business will help you achieve that. So I'm going to ask you again
"If you walked away from your business today would it still be thriving in a months time?"
Most business owners I have met have not achieved this yet. You can have a hugely successful business; You can be really well known in your field; You can have a massive list of clients. However none of this means anything if you have to b