In his book, The E-Myth, Michael Gerber coined the phrase:

 

"Work ON Your Business, Not IN It."

 

Here's his full quote:

“Once you recognize that the purpose of your life is not to serve your business, but that the primary purpose of your business is to serve your life, you can then go to work on your business, rather than in it, with a full understanding of why it is absolutely necessary for you to do so.”

 

While it may sound counterintuitive, Entrepreneurs understand the principle that your business serves you and not the other way around.

 

Getting stuck in your business is often one of the toughest challenges business owners face. That's why I wanted to share 3 reasons I stepped out of my business.

 

Reason #1 - 01:32

Reason #2 - 03:47

Reason #3 - 15:00

 

What are more reasons why you would want to step out of your business?

 

Enjoy this episode of the Franchise Secrets Podcast!

 

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

 

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Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

 

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.