How can you get out of your business so that it can actually grow and thrive? Chances are, you’ve had days when you wished you could fire yourself. In reality, when it’s time to exit, you need to be the first person out the door.

 

Jeff Russell is a best-selling author, renowned speaker, and accomplished entrepreneur. As the founder of many successful businesses and author of his latest book, Fire Yourself First, Jeff is an expert in helping business owners break free from the daily grind. Get ready for an insightful conversation as we delve into his proven strategies for achieving business success and living a life well-balanced.

Once Jeff decided he wanted to work just 10 days a month, he focused on finding a way to build up his businesses so that they could run without him. By hiring and training people who could run the business without him there, he essentially built an ATM for himself.

His book underscores a four-step program that transforms an overbooked life into a 10-day-a-month work program. Wise business owners use the knowledge they have to create a business they care about while avoiding enslavement for the rest of their lives. By creating a bigger picture than simply where you are today, you can begin to craft the life that will offer you greater freedom in the future.

Discovering your why, the purpose of your life, is the key to creating the life you want. Ask yourself what you are proud of, what you find deeply satisfying, and what your contributions are to the world around you.

When you build up a business that helps solve problems, and then remove yourself from that business, you’ve created a business that is worth more than it would be if you were there running it day after day. Don’t be selfish, fire yourself for the sake of your business.

Interview Links:

Jeff Russell

Resources:

Growth Navigator Coaching

Scaling Up Summits (Select Bill Gallagher as your coach during registration for a discount.)

Bill on YouTube

Recruiter.com Short List (use code scaleup)

Scaling Up is the best-selling book by Verne Harnish and our team for Scaling Up Coaches (formerly Gazelles). We share how the fastest-growing companies succeed where so many others fail.

Bill Gallagher, Scaling Coach and host of the show, is an international business coach who works with C-Suite leaders to achieve breakthrough growth.

We help leadership teams with the biggest decisions around People, Strategy, Execution, and Cash so that they can Scale Up successfully and beat the odds of business growth. Scaling Up is based on Verne’s original best-selling business book, Mastering the Rockefeller Habits.

Did you enjoy today’s episode? If so, then please leave a review! Help other business leaders discover the Scaling Up Business Podcast so they, too, can benefit from the ideas shared in these podcasts.