Comments on: Does your business need you? Hopefully not! http://www.ozzy.co.uk/blog/2007/06/25/does-your-business-need-you-hopefully-not/ The thoughts, ramblings and day-to-day experiences of Richard "Ozzy" Osborne Wed, 19 May 2010 08:48:45 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Be Proud of your Price and Service « The Blog of an Entrepreneur http://www.ozzy.co.uk/blog/2007/06/25/does-your-business-need-you-hopefully-not/comment-page-1/#comment-624 Be Proud of your Price and Service « The Blog of an Entrepreneur Fri, 09 Apr 2010 14:45:20 +0000 http://www.ozzy.co.uk/blog/?p=14#comment-624 [...] Firstly, how does this person value their time in their business? I’ll give you two examples, the first being an employee scenario of a manager I employ had trouble delegating their work out instead holding onto everything. My response was that for as long as you don’t train someone else up to do your job I cannot promote you any higher in the organisation! What about with the business owner, if you don’t value your time and take steps to allow you to work on your business instead of in your business (same-old same-old) then you are not going anywhere and you’ll always be a lifestyle business. That is fine if that is what you want, but when the time comes to retire if your business completely relies on you then you are not getting much of a retirement fund from the sale of your business. Again, I have covered this in the past regarding Whether Your Business Needs You. [...] [...] Firstly, how does this person value their time in their business? I’ll give you two examples, the first being an employee scenario of a manager I employ had trouble delegating their work out instead holding onto everything. My response was that for as long as you don’t train someone else up to do your job I cannot promote you any higher in the organisation! What about with the business owner, if you don’t value your time and take steps to allow you to work on your business instead of in your business (same-old same-old) then you are not going anywhere and you’ll always be a lifestyle business. That is fine if that is what you want, but when the time comes to retire if your business completely relies on you then you are not getting much of a retirement fund from the sale of your business. Again, I have covered this in the past regarding Whether Your Business Needs You. [...]

]]> By: simon http://www.ozzy.co.uk/blog/2007/06/25/does-your-business-need-you-hopefully-not/comment-page-1/#comment-9 simon Wed, 27 Jun 2007 07:51:25 +0000 http://www.ozzy.co.uk/blog/?p=14#comment-9 Good point - taking it further I'd like to suggest that it's easier for some types of organisations/businesses than it is for others. For example, we do <a href="http://www.tellingpeople.co.uk" rel="nofollow">voice coaching and presentation skills training</a>. That's very very hands on stuff - sometimes that's a litteral thing, too! It's what I enjoy doing - not the administration that comes with employing the rest of my staff to do it. By some standards that makes me "self-employed" not "an entrepreneur" of course, but it's fun. To move to being a bigger company I'd have to employ someone to do the business side and then it woulnd't be my company any more! :) S Good point – taking it further I’d like to suggest that it’s easier for some types of organisations/businesses than it is for others. For example, we do voice coaching and presentation skills training. That’s very very hands on stuff – sometimes that’s a litteral thing, too!

It’s what I enjoy doing – not the administration that comes with employing the rest of my staff to do it. By some standards that makes me “self-employed” not “an entrepreneur” of course, but it’s fun.

To move to being a bigger company I’d have to employ someone to do the business side and then it woulnd’t be my company any more! :)

S

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