1. EachPod

05: Get Out Of The Way

Author
Tim Lyons and Randy Angsten
Published
Tue 02 Apr 2019
Episode Link
https://built-to-grow.simplecast.com/episodes/05-get-out-of-the-way-oN_HrwPu

In this episode, Tim and Randy will talk about how to transition from being self-employed to a business owner. For a successful transition, one has to get out of the way and relinquish control to someone else who can do at least 70% as good a job as the owner in running the business. Tim and Randy will share some easy-to-implement steps on how to achieve that successfully.


Key Takeaways:



  • Self-employed Vs Business owner (01:51)

  • Relinquishing control (03:37)

  • Outsourcing the non-core tasks to others (06:31)

  • Focusing on business growth (11:54)

  • Leveraging software and tools to get back more time (13:26)

  • A business owner’s time carries value (14:32)

  • Building and running an effective team (18:34)

  • Investing in your team’s operational training (20:48)


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You can find out more about Tim and the strategies covered in this episode by checking out our website.


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Would you rather watch the video version instead?

Head over to our YouTube channel to watch this episode by going here


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