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Moving Towards Business Ownership
By Derrick | April 2, 2008
Richard Lee has a great post on his blog about task responsibility. As you move towards outsourcing every process in your business, your personal involvement becomes less and less necessary.
Eventually, you become a business owner, by Robert Kiyosaki’s definition – you can leave your business completely for a year and get back to find it running as well as, or better than it ran before you left.
I’ll be launching my intern program later this week – watch out for it. It’s the first step in not having to do it all myself.
Topics: Online Business, Outsourcing | 10 Comments »
April 22nd, 2008 at 4:19 pm
Interesting….does this really work, though?
June 2nd, 2008 at 7:56 pm
well, it would work, if you have a business that has over 700 employes.
this is the missing piece of the puzzle. Derrick forgot to say, that Kyiosaki said you can live your business and live for two years or more, and when you come back you will find it more developed and powerful then it was when you left it, if you have…
1. a good team
2. a good product
3. at least 700 employes
You can call yourself a business man when you have at least 700 employes.
There are many things to say about these subject.
Maybe in another day, i will say to you more secrets. Or maybe you will join my newsletter and then you can contact me personally.
June 5th, 2008 at 12:09 pm
Most people who start there own business these days do not have that many employees (if any at all besides themselves). So it would be a good idea to be a “part of the system” as much as possible if there are only a few people working with you to make sure things are always going smoothly.
January 4th, 2009 at 9:13 am
My comment is about Robert Kiyosaki’s definition, that as business owner, you can leave your business completely, and get back to find it running as well as, or better than it ran before you left. I feel it is too optimistic. Most of the time it is just cannot be done. The owner should be present. It may be more true in Internet businesses, like websites or affiliate programs.
January 5th, 2009 at 12:31 pm
Interesting article!
Did you try that? Does that really work?
Teenage Businessmans last blog post..Start Your Own Online Business: Outsource!
May 24th, 2009 at 8:53 pm
This is so true. Just look at the people who have great success they find people to run every aspect of the company. This way the owner has less and less work everyday and it finaly runs itself after sometime.
June 10th, 2009 at 12:32 pm
I totally agree, but just as long as you hire highly qualified professionals who can do their jobs more than satisfactorily, then you can certainly “leave your business completely for a year and get back to find it running as well as, or better than it ran before you left.”
August 30th, 2009 at 9:52 pm
That’s make different between small business and big business. Small business owner don’t have system in place and make them hard to leave their own business.
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October 22nd, 2009 at 5:16 pm
very interesting post. i really like your nlog.
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February 13th, 2010 at 9:00 am
This is really nice post and useful post for the people who want to make money online. Thanks for sharing it.