Here’s a thought experiment: What if you set your businesses up so it was functional, had the right people in it, and you ran it as if you were going to sell it? What if you not only focused on income, but also valuation?
Now, doing this in real life is way different than consulting, talking about it, or writing books on it. The world is filled with people who can pontificate about things to do which, in the real world, are hard to do.
You CAN, however, view this as a game. There will always be complexities in setting your business up this way, but three advantages come out of it:
First, you can systemize your company and make it a lot better using your creativity and skills.
Second, you can do this in a way that allows you to sell the business – even if you never sell it. If you were to set your business up in a way where it could be sold, you would simply operate better and more strategically. It’s like when you have a game where there is a winner and loser; you’re probably going to play to win. Playing to win means you operate with a mindset of setting the business up to sell it.
Third, when you set up the right team and business model, everything you learn along the journey can be packaged up and offered as education.
by Joe Polish
Founder of Genius Network
P.S. I've created a resource page as a central guide with access to valuable resources available to you right now. Check it out at www.GeniusNetwork.com/Vision-Insight. Bookmark this page. This is where I will post every new update.
P.P.S. Whenever you're ready... here are 3 more ways I can help you make YOUR business and life more E.L.F. (Easy, Lucrative, and Fun!):
- Discover the 10x Multipliers to grow your business exponentially… Amplify your opportunities and reveal the untapped potential in your business: www.10XTalk.com/Vision
- Trigger these 8 Profit Activators in your business right now: www.ILoveMarketing.com/Vision
- I'm often asked what books I recommend. So, I've put together a collection of books and products in 9 specific categories. These are resources we've shared in Genius Network to help improve life and business... To check them out visit www.JoePolish.com/Books-Vision
P.P.P.S. If You Or Someone You Know Is Struggling With Addiction, visit www.GeniusRecovery.org/Vision-Letter
Also, check these out 🙂
More Genius Network Articles You Might Enjoy
Three Key Components of Direct Response Marketing
#285 Episode Summary: In this Episode, you’ll discover the 3 Key Components of Direct Response Marketing, the most important part of your campaigns, the 60:30:10 Rule, Why You Don’t Sell Lingerie to Lumberjacks, Media Buying and more with Genius Network Alumni...
Help People Become Better
I believe that all human beings have some area of their life that causes them a lot of pain. It also causes them to fight silent battles. They build their businesses and their image, but there is this thing inside them that HURTS. What people don’t realize about a lot...
Financial Independence: Your Growth Plan for the Future
#287 Episode Summary: In this Episode, you’ll discover how you can get the Strategic Advantage to Create Financial Independence, how to accelerate your business growth and invest wisely with Genius Network Alumni Garrett Gunderson. Garrett is the Founder and Chief...