In my office, I have a sign that prominently says, "What is the fastest way to the cash?" The key reason I have it in my office for me and others to see is that once I enter that office each day, there is nothing else on which I should be focusing. As an entrepreneur, a business owner, a leader, as well as a coach, I should focus only on activities that bring money into my company because without that, I cannot purchase what matters.
There's quite a difference between a business owner as well as a business entrepreneur. Most business owners don't make any money since they're doing everything in the company. They're sweeping the floors. They're unlocking the doors. They are trying to get customers to walk in the front door. They're trying to write an ad to bring people in to the store. They're trying to make the widget to sell to the person. That is the way a business owner thinks.
An entrepreneur thinks differently. An entrepreneur thinks, "I should be staying focused on the cash. How do I generate money? What are the highest revenue-producing activities that I should be concentrating on each day? How do you farm out everything else? My real role as the entrepreneur is bringing in money. That is the only position."
As an experienced business entrepreneur, I challenge anyone who thinks that their role is different to attempt to survive without money coming in for around a month or two. Watch how quickly you realize, "Heck, everything else I am doing does not matter unless I go out and make sales towards bringing in money for my business."What I call the proper way, what I call the only method to operate a business is to stay centered on activities as an entrepreneur that bring you money and make you money. Let me share a couple of things that might be to your benefit. You might want to ask yourself the following questions whenever you're doing whatever you're doing.
1. Does this immediately bring money in to the business?
a. Well if not, then exactly why are you doing it?
b. Get over and concentrate on stuff that will bring you money.
2. If it is not directly bringing money, can it bring profit for my business within the next 1 or 2 extra steps?
a. If not, why are you doing it?
b. Get somebody else to get it done. Get an assistant to get it done. Get someone that you hired but you ought to be doing stuff that provide you with money.
Remember, when it comes to being at your desk, you shouldn't be in there shuffling paperwork around. You shouldn't be there placing stamps on envelopes. I used to do that getting started almost as much ast you have been doing. However, if you want to be considered a smart business entrepreneur and not just a business owner, you will hire somebody for a couple of bucks to do the stuff that you should not be doing. You are probably wondering why you need to invest in another person doing the little things you can do yourself. This is because most business owners do not make any money because they are not out there earning money. They are doing all of the little stuff that interferes with them making money!
There's quite a difference between a business owner as well as a business entrepreneur. Most business owners don't make any money since they're doing everything in the company. They're sweeping the floors. They're unlocking the doors. They are trying to get customers to walk in the front door. They're trying to write an ad to bring people in to the store. They're trying to make the widget to sell to the person. That is the way a business owner thinks.
An entrepreneur thinks differently. An entrepreneur thinks, "I should be staying focused on the cash. How do I generate money? What are the highest revenue-producing activities that I should be concentrating on each day? How do you farm out everything else? My real role as the entrepreneur is bringing in money. That is the only position."
As an experienced business entrepreneur, I challenge anyone who thinks that their role is different to attempt to survive without money coming in for around a month or two. Watch how quickly you realize, "Heck, everything else I am doing does not matter unless I go out and make sales towards bringing in money for my business."What I call the proper way, what I call the only method to operate a business is to stay centered on activities as an entrepreneur that bring you money and make you money. Let me share a couple of things that might be to your benefit. You might want to ask yourself the following questions whenever you're doing whatever you're doing.
1. Does this immediately bring money in to the business?
a. Well if not, then exactly why are you doing it?
b. Get over and concentrate on stuff that will bring you money.
2. If it is not directly bringing money, can it bring profit for my business within the next 1 or 2 extra steps?
a. If not, why are you doing it?
b. Get somebody else to get it done. Get an assistant to get it done. Get someone that you hired but you ought to be doing stuff that provide you with money.
Remember, when it comes to being at your desk, you shouldn't be in there shuffling paperwork around. You shouldn't be there placing stamps on envelopes. I used to do that getting started almost as much ast you have been doing. However, if you want to be considered a smart business entrepreneur and not just a business owner, you will hire somebody for a couple of bucks to do the stuff that you should not be doing. You are probably wondering why you need to invest in another person doing the little things you can do yourself. This is because most business owners do not make any money because they are not out there earning money. They are doing all of the little stuff that interferes with them making money!
About the Author:
James Malinchak, Presented on ABC's Hit Tv Show Secret Millionaire, is known as by many specialists as the World's #1 Big Money Speaker Coach and Trainer. For Free of charge Video Trainings concerning how to get money to speak and ways to turn into a become a motivational speaker, check out www.BigMoneySpeaker.com.
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