5-7 AM.

I Worked on my business processes.

If this thing is going to grow I need to be ready for it.

This is the framework for what I am doing.

// THREAD //

I am using the framework laid out in Michael Gerbers The E. Myth revisited.

1. KNOW YOUR PRIMARY AIM IN LIFE. Your business is an extension of YOU! It should serve you and your life goals. So you must know yourself. You must know your primary aim in life.

2. DEFINE YOUR STRATEGIC OBJECTIVE. What do you want to get out of this business? This is typically things like money, freedom, opportunity, etc. Don’t lose sight of this!

3. CREATE YOUR ORGANIZATIONAL CHART. This is the foundation of building a turnkey business. You must know what each role and function is in your business. You build your systems from this.

4. DEVELOP YOUR MANAGEMENT SYSTEM. Every problem and every function in your business must be defined from the perspective of a system. Great business owners realize that they manage their businesses by managing their systems.

This assures that the product will be consistent, predictable, and profitable.

5. CREATE YOUR PEOPLE DEVELOPMENT PROCESS. You can’t really develop a training program until you have a system. Once you define and document your system, then you can create a training process to empower your people and enable them to succeed.

6. DESIGN YOUR MARKETING SYSTEM. This is the key to success in every business. A business will not survive without marketing. You must have this!

7. IMPLEMENT A COMPREHENSIVE SYSTEMS STRATEGY. Learn to see everything in your business as a system. Once everything is systematized, you can walk away from it. You can sell it. You can relax. You can do anything you want to do!

If you got value from this thread.

Go read Michael E. Gerber, The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It.

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