You started your own business to gain freedom.
- Being stuck behind a computer from 9-5
- Being away from your family forty plus hours a week
- An inconsiderate boss breathing down your neck
- Working your tail off for $20 an hour while the company is profiting 5 times that
There’s a saying that entrepreneurs will work 80 hours a week for themselves to avoid working 40 for someone else. And for many of the hustling self-employed, that couldn’t be more fitting.
But there’s a problem.
Even if you start a business doing something you love, working crazy hours, doing everything in your business, and trading your hours for dollars is a recipe for burnout.
My guess is you’ve reached a breaking point in your business. You’re too busy, you’re unhappy, and you’re not feeling satisfied.
The romance of being self-employed has worn off and you’re ready for a new challenge.
Think about how much money you’re currently making in your business. Then think about the design of your business. The amount of money you’re making is a direct reflection of the current design of your business. With a few small tweaks, you can easily go from a profit of four figures a month, to five, and then six figures a month and beyond.
When you’re working at a job, you’re trading your time for money. Depending on the design of your business, you might be self-employed and still trading your time for money. You’re literally selling your freedom.
And here is why that matters:
The only resource you can’t acquire more of is time.
Once time is gone, it’s gone. We were all given a finite amount of time on this Earth, and it’s not to be wasted.
When your goal is to make major cash in your business, you need to detach your income from time. Your income must not rely on time to make money.
Too often, people get in to business with the wrong notion – you can’t just “do what you love” and expect to get rich. You need to follow a formula and a plan, with a strategically designed business to go from surviving to thriving.
If you’re here, it’s because you want to make more money in your business. Money means freedom. If you have more money, you’re able to go on more vacations with your family, you’re able people to help manage your tasks, you’re able to invest in items that continue to grow your wealth.
At the most basic level, in order to go from trading dollars for hours, you need three things in your business: systems, sales funnels, and passive income, and a pretty combination of those three. That’s IT. That’s all you need to crack the code.
What changes do you need to make in your business to crack the code and shatter your earning ceiling?