Working page (strategy) – J

STRATEGY

INTEGRATE ONE OR MORE NEW OR IMPROVED SYSTEMS INTO THEIR BUSINESS ON A WEEKLY BASIS

Most entrepreneurs fail because you are working IN your business rather than ON your business.

Michael Gerber
E-Myth

HAVE YOU BUILT YOURSELF A JOB INSTEAD OF A COMPANY?

Far too many entrepreneurs are trapped, underpaid employees working way too hard in their own companies. What was supposed to bring freedom and financial wealth ends up taking over your life and draining your resources.

How does this happen? Simply said, there is too much to do. Employees, landlords, taxes, social media,

suppliers, phone bills, contracts, change orders, angry customers, shoplifting, networking, computer updates, competition, pricing, training… the list is endless. Every day you go to work, and bit-by-bit, you get a little more behind on something that eventually will cost you money or more precious time.

If you are a business owner working as one of your company’s employees, you are doing tactical work. This is the work that makes or delivers your

product. You are also expected to be the boss and lead the team with a compelling vision, which is exactly what entrepreneurial work entails. At the same time, you are the go-to person when it comes to offering expert advice. When you don’t know something, you take it upon yourself to figure it out.

How you balance these three roles will ultimately determine the success or failure of your venture.

STRATEGIC WORK IS THINKING, PLANNING AND DOCUMENTING

TACTICAL

STRATEGIC

Urgent day-to-day demands
Urgent longer-term needs
Employing and managing people
Developing people
One-off, short-term answers
Long-term process improvement
Working with an agent to find a location
Researching demographics of a location
Bailing water out of the boat daily
Fixing the holes in the boat

ACTIVITIES AND TOOLS

MOVING FROM TACTICAL TO STRATEGIC WORK

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MEASURING TIME AND ACTIVITIES

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STRATEGIC PLANNING TOOL

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SCHEDULE KEY TASKS TEMPLATE

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