Are You Building a Business or Defending a Job? | High Stakes with Steve Rozenberg

Owning a business doesn’t automatically give you a true business and most of the time, it ends up giving you just another job. If you want your business to become successful and truly run without you, you need to do it the right way.

Listen to this episode to learn more about building a business, what it takes to be successful as an entrepreneur, and what you should be doing to have a true business!

Key Talking Points of the Episode

[01:00] What are the two types of people in business?

[02:01] What does it take for someone to become successful?

[03:39] Who do you need to become?

[04:20] What is the definition of a business?

[05:05] Why do most businesses fail in the first 5 years?

[06:27] What does it mean to actually have a business?

[07:13] Why do you need to have a sale date for your business?

[09:05] How do you create a successful business?

[10:09] What is the definition of leadership?

[11:36] What does a manager do?

[12:35] Why is it important to have an organization chart for your business?

[13:58] How do you find people that will make a great fit for your business?

[14:45] What is the importance of having core values in your company?

[15:30] How do you get good employees in your company?

[16:35] How should you deal with hiring people for your team?

[17:30] Why do you need to systemize, automate, and structure your business?

[18:28] Why do you need to set metrics for your business?

[19:25] Where should accountability begin?

[20:30] What’s usually the biggest problem in a business?