Do you worry that your business will collapse without your constant presence? Are you sacrificing your family, friendships, and freedom to keep your business alive? What if instead your business could run itself, freeing you to do what you love when you want, while it continues to grow and turn a profit?
It's possible. And it's easier than you think.
If you're like most entrepreneurs, you started your business so you could be your own boss, make the money you deserve, and live life on your own terms. In reality, you're bogged down in the daily grind, constantly putting out fires, answering an endless stream of questions, and continually hunting for cash.
Now, Mike Michalowicz, the author of Profit First and other small-business bestsellers, offers a straightforward step-by-step path out of this dilemma. In Clockwork, he draws on more than six years of research and real life examples to explain his simple approach to making your business ultra-efficient.
Among other powerful strategies, you will discover how to:
• Make your employees act like owners: Free yourself from micromanaging by using a simple technique to empower your people to make smart decisions without you.
• Pinpoint your business's most important function: Unleash incredible efficiency by identifying and focusing everyone on the one function that is most crucial to your business.
• Know what to fix next: Most entrepreneurs try to fix every inefficiency at once and end up fixing nothing. Use the "weakest link in the chain" method to find the one fix that will add the most value now.
Whether you have a staff of one, one hundred, or somewhere in between, whether you're a new entrepreneur or have been overworked and overstressed for years, Clockwork is your path to finally making your business work for you.
Michalowicz (Profit First), host of the Profit First podcast, takes an unvarnished look at the hard realities of life as an entrepreneur, offering readers clever and effective ways to regain control of their most precious commodity: time. He shows readers how to achieve "organizational efficiency" and manage resources so that the most urgent tasks consistently get accomplished. First, readers must determine their "4D Mix" Michalowicz's term for how time is allocated among doing, deciding, delegating, and designing and make adjustments to optimize it so that their businesses can run smoothly. The author provides a list of seven steps to take readers there and dedicates a full chapter to each. He suggests that the reader "declare your company's queen bee role," identify the core function of the business, "capture systems" (figure out how workflows function in practice, not in theory), and "balance the team" to maximize efficiencies. Michalowicz also coaches businesspeople through the mindset shift of asking "What are the most important things to get done?" and "Whom will I have get this work done?" rather than "How do I get more done?" Full of familiar but not gimmicky advice, Michalowicz's guide will please entrepreneurs with its actionable and well-presented ideas.