owner

Good employees are out there and if you can find them they are worth their weight in gold.

The oldest saying in the world is probably, “It takes money to make money.” While that may be true, the history books are filled with famous entrepreneurs who started with nothing, or next to nothing, and went on to great financial success.

The first lesson to learn during this transition is that your replacement will not be a clone of you — so don’t expect them to be. It’s very important to remember that you are not training another owner; you’re training a manager.

Successful businesses teach their employees the fundamentals that allow each transaction to flow through the sales and delivery process, with everyone doing their job seamlessly. It’s also working together as a team.

New business owners, and many that have been around for a while, often fail to understand, and capitalize, on customer thinking. The customer’s buying process has six basic steps.

Business owners often get so desperate they will accept input from anyone. The most important take away point from this article is to get the advice of people who are qualified to give it.

The hardest thing for business owners to do is turn responsibility over to others. No employee is going to give the business the same attention as the owner.