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Don't Do This Alone - DMN8 the Day 143
So it's January 2022, and we're talking about getting your business to the next level, doing the things necessary to get your business to the next level. And we've covered a lot of topics. We've looked at a lot of different things. I've hopefully given you one to take away from this, but I wanna really end it on this note and that's don't do this alone. Doesn't matter if you're a solopreneur or you got 15 employees. Do not try, do not try to own and operate a business by yourself. Huh? That's right. Have partners, have people that you trust have something around you that gives you a space to be able to provide ideas that provides you with the ability to get focused on what it is you do well, have those around you, help you grow your business. Maybe it's a marketing partner. Maybe it is a vendor. Maybe it's a trusted advisor advisory group tax professional, a lawyer, all those things you need. So don't try to do it by yourself. Have a mechanism in place so that you can get advice. You can find out information. You can be the CEO without being the know-it-all, and that's where business owners fall into peril. They think they know-it-all. They want everyone to think they know-it-all. And at the end of the day, there's no way you can know-it-all. There's no way anyone can know-it-all about their business. That's why, if you look at a large corporation, let's say a fortune 500 company, there's 3, 4, 5, 10 individuals that are C level, they're chief something officer in that company because the CMO isn't in charge of finances, that's the CFO. The CFO isn't in charge of the operations, that's the COO. The COO isn't in charge of the IT and technology, that's the CTO. See what I mean? We want to be everything. We want to know everything, but at the end of the day, it's impossible for that to happen, so don't do this alone. Put together a team, put together a group, put together something that allows you to be able to have accountability in place, information in place, that helps you grow your business. Get it to the next level. DMN8 the day.
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By Gary Geiman
5
55 ratings
So it's January 2022, and we're talking about getting your business to the next level, doing the things necessary to get your business to the next level. And we've covered a lot of topics. We've looked at a lot of different things. I've hopefully given you one to take away from this, but I wanna really end it on this note and that's don't do this alone. Doesn't matter if you're a solopreneur or you got 15 employees. Do not try, do not try to own and operate a business by yourself. Huh? That's right. Have partners, have people that you trust have something around you that gives you a space to be able to provide ideas that provides you with the ability to get focused on what it is you do well, have those around you, help you grow your business. Maybe it's a marketing partner. Maybe it is a vendor. Maybe it's a trusted advisor advisory group tax professional, a lawyer, all those things you need. So don't try to do it by yourself. Have a mechanism in place so that you can get advice. You can find out information. You can be the CEO without being the know-it-all, and that's where business owners fall into peril. They think they know-it-all. They want everyone to think they know-it-all. And at the end of the day, there's no way you can know-it-all. There's no way anyone can know-it-all about their business. That's why, if you look at a large corporation, let's say a fortune 500 company, there's 3, 4, 5, 10 individuals that are C level, they're chief something officer in that company because the CMO isn't in charge of finances, that's the CFO. The CFO isn't in charge of the operations, that's the COO. The COO isn't in charge of the IT and technology, that's the CTO. See what I mean? We want to be everything. We want to know everything, but at the end of the day, it's impossible for that to happen, so don't do this alone. Put together a team, put together a group, put together something that allows you to be able to have accountability in place, information in place, that helps you grow your business. Get it to the next level. DMN8 the day.