Welcome back to Tradie Tuesday! This week we look at the business structure that is going to help you achieve the goals of your 5 year lifestyle plan.
Ok so this one is a little deep and meaningful - because we visit the one resource that is finite, non-renewable and filled with uncertainty. Your time.
So, let's get real about the business you are looking to create and how you are going to create it with your 5 year lifestyle in mind. You've hopefully completed you 5 year plan with your life partner (if you have one) or with your future partner in mind, so you can get real about the business you are embarking upon.
We look at the two most common reasons my clients tell me WHY they went into business in the first place:
1. To make a BLEEP tonne of money;
2. Because their existing boss is a BLEEP head and they can run business / people / customer service better than he / she / they can... etc
AND the common pitfall I see business owners (who come from salary and wages) go into.
THEN we get real about Time. How much you have, and how you want to spend it.
If your 5 year goal has you being ambitious, having a team working for you, and making a lot of money on a big scale, start out with the end in mind.
If your 5 year goal is focused around flexibility, and family time without employees, then again, start out with the end in mind.
BUT be aware of those nay-sayers who tell you to start out small and 'see if you make it' through the first 12 months.
Screw it! Stay in your OWN lane and ride your own path!
I hope this episode is of help!
If so, come on over to our www.tradietuesday.com.au and join our Accelerate Crew!
Much Calculator Love,
Jewlz xo