• Make Yourself Indispensable?

     

    In any job, the best advice is to make yourself indispensable to your employer thus attaining your ultimate objective - job security.  As a business owner, being indispensable is not always the best case scenario. What happens if you are hospitalized with a long illness? Or your spouse? Or your parents? What if, on vacation, you want to be actually “on vacation”? If the thought, “how will my business make it without me?” keeps you up at night, then you should reevaluate how you run your business.


    Ingar Grev, of the Birmingham Business Journal, recently outlined five points to consider while you determine your day-to-day role in your business.


    1. Be Flexible.  Your business operations should not suffer, or screech to a halt, if you are not in the office.
    2. Company Value.  Investors will value your company less if you are critical to its success and growth.
    3. Scalability.  What assets are you allowing to be underutilized?
    4. Sustainability.  Will your business grow if you, for whatever reason, are not there?
    5. Freedom.  There is great value in leaving work at work. If you can’t, because everything will collapse, you need change the way you run your business. You and your business will be better for it.

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