We have BYO restaurants and RBO businesses.
Run by Owner.
When you visit a retail business, you get to know who the owner because the business says a lot about the owner.
The paradox is that the when a business is RBO then you know that it is not an entrepreneur, but a small business person in charge.
- Because for a business to grow and continue to grow, the owner has to step back.
- In order to step back, you need to invest in advance of the expected return on that investment.
Don’t tell me you don’t have the money to put that extra person on. (Would you find $100K if your child was kidnapped and you had to come up with a ransom? This is no different; don’t let your business hi-jack your life.)
The only thing that prevents you from taking that step is fear. Fear of success or fear of failure.
Which one is it for you?
You can overcome this. I have.