#140: How To Create an Owner-Independent Business
Manage episode 428357715 series 2982215
We are going to release a series specifically for Holistic Health Professionals… But you’ll like them too! Here is the first episode of that series.
If you are ready to scale your business but haven’t been able to, it’s most likely due to a lack of foundational systems and infrastructure. To achieve scalability, it’s essential to implement procedures that foster accountability and develop systems that pave the way for an owner-independent business.
In today’s episode, Dr. Terri Levine explores why many entrepreneurs struggle to scale effectively. Additionally, she outlines the advantages of owning a business that is independent of its owner. From increased financial security to the ultimate goal of independence, she underscores how transitioning to an owner-independent model can transform your business and personal life.
To transition your business towards becoming owner-independent, Dr. Terri Levine emphasizes the importance of implementing robust systems and procedures that hold teams accountable and streamline operations. She concludes by posing critical questions that entrepreneurs can use to evaluate whether their company has achieved owner independence.
Watch the full episode on Youtube: https://youtu.be/5Dsa0fzInrU
Key Highlights From The Episode:
[00:34] Introduction to the episode
[00:51] Why you are unable to scale your business
[01:30] The advantages of owning a business that is owner-independent
[01:53] How to shift your business to become owner-independent [03:04] What are you missing in order to scale?
[03:53] Questions to help you determine if your company is owner-independent
[05:37] Get Dr. Terri Levine’s one-page plan on how to scale your business
Email: Terri@heartrepreneur.com
Golden Nuggets:
• If you are ready to scale your business but haven’t been able to, it’s most likely because you haven’t set up the company’s foundational systems and infrastructure. [00:44]
• Having an owner-independent business gives you financial security, personal fulfillment, and independence. [01:30]
• The key to transitioning your business to become owner-independent is establishing procedures that hold people accountable and building the right systems. [01:53]
• When you scale your business following a roadmap, you rekindle your love for owning it. [03:38] • 90% of U.S companies still hold the owner in a vital role. [04:30]
• While scaling a business, it’s important that you learn how to regain control over your life. [05:20]
Let me help you grow your coaching business:
Grab this free training and see my revolutionary process in action! Join me and my Inner Circle Students for a behind-the-scenes Live Group Coaching Call: www.6figsin6months.com
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Want More!?
Listen to the podcast version of this content on your favorite podcast platform: Apple Podcasts | Spotify | Stitcher | Google Podcasts
Watch all the episodes and more to gain more insight on YouTube: https://www.youtube.com/@coachterri/videos.
Please connect with me on social:
Instagram: https://www.instagram.com/mentorterrilevine
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LinkedIn: https://www.linkedin.com/in/terrilevine/
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