You’ve probably heard before that in order to reap the rewards of business success, you must work “on” your business, not “in” it. This is most certainly true … within reason.
Eighty to ninety percent of your time should be spent working strategically as opposed to tactically. It’s important that your time and energy be focused on the BIG picture, the future of your business and your industry.
It’s easy to get bogged down with the tactical or daily processes that make up your strategic plan and it’s extremely important that you learn early on how to leverage your time, energy and money in a way that allows you to focus on activities that make money.
No doubt about it, delegating, leveraging and automating are critical to your business success.
Equally important however, is the need to develop a certain level of skill in all areas of your business, especially as a home-based business owner.
You don’t have to be a technical genius or CPA, however, having a reasonable level of understanding in all areas of business will come in real handy and may even save your behind when unexpected...
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