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E-Myth – “Why most small businesses don’t work & what to do about it”

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Business Coach | the Importance of Working Six Days a Week

 

Even though many business owners have a goal of gaining time freedom when they start their business says business coach. In order to be able to accomplish that, they are going to have to work hard in their business in the first few years.

Therefore, this idea that business owners will be able to start their business and very quickly have time freedom. Is one of the first things that they need to stop believing, because it is not possible.

In fact, business owners are going to have to work harder in their business then they worked as an employee. In order to get everything accomplished that will help them succeed.

This is why business coach says business owners need to have a business plan. So that they know what their business goals are. So that they can figure out all of the strategic priorities that need to get accomplished.

And that will allow them to create a time block schedule. So that they can set aside time. For all of the tasks that need to get done in their business.

One mistake that many business owners make. Is thinking that they are going to be able to do these additional tasks at the very end of their day. Or even in their spare time.

But business owners are not likely to work on those tasks in their spare time, no matter how good their intentions are. Or if they do work on them in their spare time, they may find that it takes more time than they realize it will take.

Therefore, by scheduling time into their workday. Can ensure that they set aside the right amount of time. To accomplish all of the additional tasks. That will help them grow their business, in addition to all of the billable tasks of the business.

However, when a business owner starts doing this. Business coach says that will find that there is not enough time in a forty hour work week. To get all of these tasks plus their billable work done.

And this is where working six day work week is so beneficial. Because entrepreneurs will be able to fit the work that they needs to get done into a six day week much more easily.

And some business owners might initially assume that a six day workweek will feel very overwhelming. While the truth is, a five day workweek, where they can get everything accomplished. Is going to be far more overwhelming.

Therefore, by working the right amount of hours when a business owner first opens the doors to their business. Can ensure that they get everything done regularly, so that they can get all of the tasks done that they need to grow their business.

Once they are able to get every thing accomplished in their business. Eventually, that is going to translate into being able to take time off. And go on vacations. But they need to build their business up first in order to do that.

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In order for small businesses to succeed says business coach. They will have to work harder than they works as an employee. Get all the tasks done that they needs to succeed.

This includes administrative tasks, marketing and sales to find customers for their business. It also includes recruiting and training staff, as well as writing checklists and templates.

A business owner needs to ensure that they get their administrative tasks done. Such as entering financial information into their accounting software. So that they can keep their finances up-to-date. And be able to make important and informed financial decisions easier.

Sales and marketing is very important. Because while many business owners make the assumption that just by opening the doors to their business is enough to find customers. This is not actually effective.

And business owners need to work on marketing every single week. In order to grow their business by finding more customers.

And since being unable to find enough customers is the number one reason why business owners are not successful. This is one of the most important things to put into a business owner’s schedule.

And many business owners wonder why they need to start working on recruiting their staff. Even if they are not ready to hire people in their business yet.

Business coach says that it is important to have a pool of candidates that a business owner can call on in any time. So that when they do have a need to, they can fill it easier.

Because they will have met more candidates, and chances are quite high that one of those candidates was the right fit for their business. But also by spending time meeting these candidates weekly.

Means that a business owner does not have to be reactive to hire people. And instead, when there is an opening in their business. They will be able to fill it easily. Without wasting a lot of time starting the recruiting process.

And by the same token, training staff is important on a regular basis. To ensure that staff remember what the most important objectives are. And that they are constantly improving themselves. So that they can grow as well as the business can grow.

And finally, is very important that business owners spend time writing checklists and templates. Not only are these the tools that can help them automates their business and processes. So that they can teach those processes to their staff.

When their staff knows all of the different processes because of the checklists and templates. The business owner will be able to spend more time on tasks that can help their business grow such as sales and marketing.

But checklists and templates will help business owners do things efficiently, correctly, and can help the business get better. Therefore, setting aside time for this is incredibly important.

When entrepreneurs understand why they must schedule all of these additional tasks into their day. They will be able to have that time set aside.

However, business coach says business owners will find that they are not going to be able to schedule all of these things within a five day work week. So by scheduling these tasks.

Can help a business owner prepare themselves for a six day week. That will help them grow their business more effectively then if they tried to be successful only working five days a week.