The Virtual Success Show
How to Expand Your Business, Rather than Contract it, when Important Life Events or Business Goals Result in You Having to Take a Back Seat in the Day-to-Day Operation of Your Business
Barbara shares with Matt and the listeners her own personal journey of the process she followed to ‘fire herself from her own business’ when a very important life event – having a baby – meant she had to step right back from the day-to-day running of her business.This episode focuses on the step-by-step process that Barbara followed to ensure that her business went from strength to strength, whilst she focussed on being a mother to her baby girl.
IN THIS EPISODE YOU'LL LEARN:
*Think expansion, rather than contraction
*The importance of strategic planning – taking yourself out of business processes is a process within itself
*Don’t expect your new processes to work from day one – allow time to smooth out any ‘bumps’ and refine your processes before you ‘exit’ the business
*How to empower your team to make important decisions in your absence
*The importance of having the right people, in the right seats
*Believing in your people and their abilities ultimately leads to a more engaged team and successful business
IN THIS EPISODE:
03:02 – Think expansion rather than contraction
06:05 – You have to plan strategically
06:54 – Taking yourself out of processes
10:22 – Allow time to smooth out the new process, once handed over
13:22 – Refining your processes
15:40 – Empowering your team
17:28 – Believe in your people
18:26 – Support your team’s decisions
22:09 – Give yourself time to fine-tune the processes
25:15 – My key people are now more engaged in my business
27:04 – Wrapping things up
View Show Notes Page at http://bit.ly/2jH3Z43
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