Another great book that has helped my immensely is "It's Not How Good You Are, It's How Good You Want to Be: The world's best-selling book by Paul Arden". Best $10 book youll ever buy as a business/Shop owner.
The biggest problem I see is the complete lack of business mentality and sense. Without even talking about being a hands off owner you see guys all the time that have been a one man shop 5 years working 14hrs a day 7 days a week and when u ask why they don’t hire someone they almost always say “I don’t think I can afford one” well you can’t look at ur bank account to see what u can afford because ur not efficient u look at how much work you have and how it’s not getting done one tech and you helping out while running the business can get all that work done in less then 40 hours and have time to do more work to grow the business. This is thinking too small and usually these owners are the ones that rent a shop on a side street because it was only 1500 a month rather then the shop 1 mile up the road on a busy street because they don’t understand that the extra 1500 a month in rent for the good location will make you WAY more money I mean just one street traffic customer the entire month can pay the whole 3,000 in rent and then some.
I just happen to stumble to your TH-cam video, and you gave me some great insight on things in that end of things. The thing you guys were talking about reminded me of the thing that I read, and understood in the book call Principles by Ray Dalio, if you haven't read yet I do recommend it. Overall, it was a pretty good video.
Another great book that has helped my immensely is "It's Not How Good You Are, It's How Good You Want to Be: The world's best-selling book by Paul Arden". Best $10 book youll ever buy as a business/Shop owner.
The biggest problem I see is the complete lack of business mentality and sense. Without even talking about being a hands off owner you see guys all the time that have been a one man shop 5 years working 14hrs a day 7 days a week and when u ask why they don’t hire someone they almost always say “I don’t think I can afford one” well you can’t look at ur bank account to see what u can afford because ur not efficient u look at how much work you have and how it’s not getting done one tech and you helping out while running the business can get all that work done in less then 40 hours and have time to do more work to grow the business. This is thinking too small and usually these owners are the ones that rent a shop on a side street because it was only 1500 a month rather then the shop 1 mile up the road on a busy street because they don’t understand that the extra 1500 a month in rent for the good location will make you WAY more money I mean just one street traffic customer the entire month can pay the whole 3,000 in rent and then some.
Thanks for your comments! I believe fear, lack of knowledge and guidance are the main driving factors
I just happen to stumble to your TH-cam video, and you gave me some great insight on things in that end of things.
The thing you guys were talking about reminded me of the thing that I read, and understood in the book call Principles by Ray Dalio, if you haven't read yet I do recommend it. Overall, it was a pretty good video.