Why So Many Businesses Don’t Make The Long Run
If you have been in business very long you may have already learned the truth about the entrepreneurial life – you work harder and longer than you did at a job, and for less money sometimes. But it doesn’t have to be that way. I didn’t understand that for years and really did enjoy several businesses of my own. But until I understood what Micheal Gerber teaches I never knew how to break through into a business that can run itself.
My first business was a Mexican restaurant that my wife and I bought in my early 20’s. I knew the industry but had never been in business for myself. Huge learning curve and had to pay dearly for every lesson. But we stuck it out for 3 years and got a good education.
Through the years we have done many other gigs:
- Real estate and rentals
- Kennel operator
- Small niche hobby farm
- Recycling
- Trucking
- Network Marketing
- Construction contractor
- And more….
Some worked good, others not so good. But I worked really hard and put everything into every one. The concepts that Gerber teaches in this video are the key to why I worked too hard and made too little.
I hope you take the time to internalize what is taught here, and go through it several times. Let it sink in and think about how you can apply it to your business, or the one you want to start.
A local chain store here has the slogan “Make money the easy way – buy right”. By using this information in your business you can “Make money the easy way – start on the right foot”. I wish someone had shared this with me years ago.
The information taught in this video is the foundation of building a business that will truly give you the type of life we all want.
I also recommend that you get Tim Ferris’ book “The 4 Hour Work Week” which you will see takes you right on down the road.
Wishing you the best in your business. Ken Heistand
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