Of all the business books and advice I have read over the last few months, I have learned a hard lesson that 99% of people who start businesses also learn and that is you make the mistake of making the business about yourself. In any fastlane scenario making your business dependent on your own skill is strongly not advised.
Most people ask themselves when deciding on what business to start:
"What is it I am good at?"
or
"What is it I love to do?"
Both are epic fails. This means your business can only survive with you in it. Once you get big enough you can't replace yourself. You simply have to put in more time for more money. There is no leverage.
You need to not work "in" your business, you need to work "on" your business.
Developing a working system and going to work on that system is the key. When it's time you need help and to expand, you should be able to train and hire someone to replace you in the system. If not, all customers will ask for you because they are dependent on you and not the system (your business).
:smxB:
Most people ask themselves when deciding on what business to start:
"What is it I am good at?"
or
"What is it I love to do?"
Both are epic fails. This means your business can only survive with you in it. Once you get big enough you can't replace yourself. You simply have to put in more time for more money. There is no leverage.
You need to not work "in" your business, you need to work "on" your business.
Developing a working system and going to work on that system is the key. When it's time you need help and to expand, you should be able to train and hire someone to replace you in the system. If not, all customers will ask for you because they are dependent on you and not the system (your business).
:smxB:
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
