Making Your Business Work For You
Written on Apr 25th, 2018

One of the hardest aspects of being a business owner is being able to come up with a metric, even an internal one, for what it means for that business to be successful. For some people, that goal is completely monetary – i.e., if they can sell the business for 1 million dollars within 10 years, then that represents success for them. As an example, one of my good friends recently sold his business. While it was always his dream to build a popular retail business, at some point he realized that the excitement, and the dream, mostly involved building a business, and not really running one. So even though the business was turning a monthly profit (which for some people would amount to owning a lifelong lifestyle business) he decided that it met his own definition of a successful business, at which point he sold it and cashed in […]