Ep 411 | Make Yourself Indispensable (Part II)

Brian Gubernick explains how to become indispensable without getting trapped in your business. Focus on strategy and vision instead of doing the work yourself, build teams that run without you, and use that leverage when you sell.
Chapters
Thank you for joining me today. It's Brian Gubernick, and welcome to the No Days Off podcast, where we believe that every single day brings a new opportunity to get better. So just yesterday, we aired an episode about becoming indispensable. I highly encourage you to go back and listen to yesterday's episode because today will make a heck of a lot more sense. But basically, if you remember, we talked about in business one of the most critical things that you can do, or one of the, the, the top characteristics one can maintain, is the ability to truly become indispensable in the business and to your clients for that matter. In other words, you become so good, your skills are so strong, your ability to solve problems is so great, the relationships you've created are, are just, just foundationally rock solid. You take initiative, you're reliable. When you make yourself indispensable and irreplaceable, you are of incredible value to your organization. And that is whether you are the leader of that organization or you're a member or partner or employee, it does not matter. I think becoming indispensable is something we should all strive to do. Now, I share that because today I want to address something that, that may have been on some of your minds as I was covering this particular topic. I know it may have been on some of your minds because I was talking with somebody about this subject not too long ago. And when I said, hey, you got to try to become indispensable, you got to become irreplaceable in business, She responded with something really interesting. She said to me, I hear what you're saying, Brian. I get it. I think it's great. However, I've got a challenge with what you're saying. I get that you want me to make myself indispensable in my business. But if I do that, then I think that I'm probably forever bound to my business and I can't scale out of it. Now, this person happens to be the owner of this business. So she says, if I'm indispensable, if I'm irreplaceable in the way that you just described, then I am tied to the business and I'll be here forever. I won't be able to scale out one day like I desire. I find that— I found that to be an interesting statement. And as I, I reflected on this challenge, I think it, to me, it raised an important point about just scalability and, and independence in business. And while making oneself— by making yourself indispensable, um, while that's a valuable strategy, I think the key here lies in distinguishing how you're indispensable and where you're indispensable. Here's a— here's maybe a different take on the, on the mindset. Number 1, to me, indispensable doesn't mean that you're doing everything. It doesn't mean that you're doing everything, and I think that it could be misconstrued that way. If a person becomes indispensable by doing all of the work themselves, or having the knowledge that others don't possess, then yes, they absolutely risk being stuck in the business. If you are the only person that could do something, or the only person that knows the answer or has the knowledge, then you could be stuck. However, being indispensable doesn't mean to me that you're the only one who get— who can do the work. It can mean building systems. It could mean leadership. It could be processes that allow the business to thrive without constant intervention. So to me, becoming indispensable is about creating a sustainable infrastructure that carries your vision forward. So if I'm a leader of an organization, I don't focus on, say, hoarding the knowledge or the ability to do something. I become indispensable in my performance or the work that I could do that impacts the future sustainability and the infrastructure required that carries my vision forward. So be selective is what I'm trying to say in the areas in which you're becoming indispensable. Number 2, indispensable owners, in my opinion, should build indispensable teams and systems. So as an owner, you should aim to make yourself indispensable in terms of strategy, vision, culture, but you should also create scalable systems that allow the the day-to-day operations to run, to flourish without you. This way, the business will continue to function and grow in your absence, which is again, in this particular person's case, their desire to be one day be absent. They want to step out, they want to scale out. So indispensable owners build indispensable teams and systems. Again, where you're choosing to become irreplaceable or indispensable is, is incredibly important here. Number 3, being indispensable, in my opinion, can mean empowering others. So, a person could be indispensable as a leader by empowering their team to take ownership, to take responsibility. If you have an ability to influence, motivate your people to take ownership and responsibility, and you're unique in your ability to do that, that to me makes you indispensable. And this requires training and mentoring others to the point where they can make high-level decisions. If you have the ability to do that, you are in, in essence, irreplaceable until the day that role is no longer even needed. If an owner's key contribution to create a self-sufficient organization, um, if that's their key contribution, they are indispensable in the business's long-term success, and that ultimately frees them up from being involved in every aspect. Number 4, I think that indispensability is an asset when you're actually selling or transitioning the business. So when an owner is seen as indispensable strategically, it actually, it could increase the business's value. A business that has a strong foundation that's built by a leader that's maybe a visionary leader, and that visionary leader can step out without losing quality or profitability, that's a more attractive business to buyers or to investors. Therefore, making yourself indispensable in the sense of establishing long-term sustainability can be a strength, not a constraint. So in summary, the mindset of my— in my opinion, of being bound to the business frankly stems from a misunderstanding of what true indispensability means. The goal is to be indispensable in shaping the business's success. Not in managing day-to-day operations. So my hope is, as we've kind of gone through part 2 here, we clarified a bit around what I'm talking about when I'm saying become indispensable. I want you to get so good at what you're doing that you are one of a kind. I want you to be so good at what you're doing that you are recognized as any— in as an integral component in your business, whether you're the leader of it or you're an employee within it. But if you are in fact the owner of that business and you one day desire to scale out, I want you to be so good in the right areas where others can't do it. And one of those areas, or those areas, should be in long-term strategy, vision, to ultimately scale out and replace yourself. Makes sense? So, on that note, just thought it was a good follow-up to run through it. Hopefully, you picked up a little bit more information. On becoming indispensable. Thank you for joining me today. I really appreciate it. I really, really appreciate everybody's commitment to the No Days Off movement. As you know, we are aiming to get better every single day. Every single day brings a new opportunity for all of us. So get after it.
More from Brian

Ep 755 | Mack Newton's Words of Wisdom - "You Are Only as Big as Your Self-Concept" (REPLAY)










