Over the past 35 years I’ve built or bought 15 different businesses. All but one of them was a successful venture. However, those successes came at a steep cost. I’m on my 3rd marriage, and up until 4 years ago, my kids didn’t have much use for me, among other things. Why am I telling you this? Because I know, first hand, the sacrifices we owners make, weather we knew that going in or not!
4 years ago, I bought this business brokerage office and it changed my life.
How it happened is this: The guy I bought the business form had been a business broker for a very long time. He was somewhat of a “pack-rat.”
He had files dating way back into the 1990’s and I had the unique opportunity to review hundreds of old business files.
While Undertaking The Process of Culling Records, Very Distinct and Indisputable Patterns Began to Emerge!
I Share Them With You, Because They Are Vitally Important!!
This may, or may not come as a shock to you, but here it is …
In Every Instance: If the business owner worked in the business for More than 20 hours per week, the business suffered in one way or another, and in the end, the overwhelming majority of them end up closing their doors for one reason or another.
The business went BUST, or the owner just closed the doors in defeat! They may have tried to sell the business, but no buyers showed up. If they tried to hand it down to the future generation, well, I’m not willing go there in this blog.
In “Stark Contrast”
In Every Instance: If the business owner worked in the business for Less than 20 hours per week, the exact opposite happened! The business flourished and operated smoothly and profitably. The business was valuable and easily sold quickly and at the full asking price or slightly higher.
Needless to say, after noticing the pattern I immediately began working on changing the way I did my own business and within 6 months, I got my workweek down to 20 hours or less!
- The business operates without me
- My 3rd wife (yes 3rd!) loves me
- My kids like me again
- The grandchildren know who I am!
Long Story Short …… The Purpose of a Business Is To Give The Business Owner More Time and A Better Life.
If you’ve been working like a dog in your business and your life isn’t what you believe it should be …
There is a way out, and I know how to get you there.
I Create a Free Report and detailed my findings and you can get a copy of it for FREE and without obligation by clicking the report title below.