Build the Business of Your Dreams
By Andy Parkinson, on Thursday, November 12th, 2009
The other day I was reading through the Art of Non-Conformity’s archives and I found a post that Chris wrote in the very beginning. I found myself nodding my head quite a bit as I read it. My favorite part is:
True entrepreneurship involves the creation of processes, not just the creation of work. If you’ve created a project that requires continual inputs from you and relies on your own work to keep all the plates in the air, congratulations! You have just built a job for yourself. Yes, you have built a job, and maybe even a better job than most people have—but it’s a job, not a business.
A business earns money while you sleep and while you are on vacation. A business is an asset that can be bought and sold. A true business is largely independent of its owner, although of course this is a matter of degree and only rarely is 100% independent. Therefore, entrepreneurs pay close attention to the creation of processes that will eventually allow themselves to focus on what they’re best at, or perhaps even leave the operation entirely.
This is a small, but oh-so-important important point about entrepreneurs. Many quit their jobs to do some form of work as a one-man consulting company. In reality all they’ve done is swap one job for another with better hours and less security.
There seems to be a new push for “solopreneurship” but I just can’t get behind it for the reason’s quoted above. This is one of many facets of building businesses that I plan on exploring later on.
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