Ownership Distinctions

You are more than your business.

However, you have the absolute right to intertwine your personal identity with whatever opinions others may have about your business. (Received a one-star review? You can’t help but internalize it and feel like a failure as a human being.)

Remember, your business is an asset whose purpose is to generate profits and deliver them to you, much like owning shares of Amazon or Berkshire Hathaway.

As an owner, your primary right is to decide whether this asset is worth owning or not. It’s the only real “right” you have over your business.

Questions such as “Is this a valuable asset? Do I want to continue owning it? Does it provide a return on investment?” should guide your decision-making process.

Now, here’s a crucial distinction: Choosing to work for your own business is an entirely separate matter.

Please, I implore you to understand this concept deeply.

Being the “owner” does NOT mean you must be an employee of your own company. If you opt to work there, that’s fine, but you must subject yourself to the same rating and evaluation process as any other employee.

Oops. That might not turn out so well.

In the majority of cases, businesses would benefit from different leadership than that of their owners.

It’s the #truth, whether you like it or not.

“Owners” who also take on active roles in their businesses are often unprepared, untrained, or lacking the necessary skills to lead growing companies.

But fear not, assistance is available… https://guyana.actioncoach.com/