John Jonas (speaker) advises business owners to become CEOs by making their businesses profitable, creating repeatable processes, and hiring people to run those processes so the owner is not indispensable. He emphasizes hiring Filipino virtual assistants (VAs) as a practical way to delegate operational work, cites personal experience of working about 17 hours per week since ~2007 while managing VAs, and directs viewers to OutsourcingLever.com for a free book and identifies himself as the CEO of OnlineJobs.ph.
Questions this video answers
May 19, 2020
Since about 2007
Around $400 per month
OutsourcingLever.com (free book)
OnlineJobs.ph
Chapters
Become the CEO of your business. Not all business owners are CEOs. Most just have a job. I had a friend the other day tell me about someone they know who is running a good business, but they recently got sick and so the business took a major dive. I said to my friend, so you mean they have a job? And they said, no, no, they run a business. And I said back, but they have a job. If the business won't run without them being there, then they have a job. And my friend didn't really get it, but it made me think like you didn't start a business so you could work all the time. You started it so you could get away from being tied to your job so you could have freedom to do what you want. And what's the point if you're just tied to your business now? If you show up every day and don't have the freedom to walk away because your kids are home from school or because you got invited on a trip this weekend or in the middle of the week, then you have a job. It may be a high paying job, but it's still just a job. A business has processes in place and people in place to handle the processes. A good CEO has good people in place to run the daily processes for me. I started realizing years ago that I could hire great VAS in the Philippines to run processes for my business. Over the years, I got to the point where they could take care of all of the processes in my business. Since about 2007, I've worked 17 hours a week and all I do is manage the people and the processes of the business. Your goal as a business owner needs to be to become the CEO. Your first responsibility is to make the business profitable. That's number one. Your is goal. Your second responsibility is to hire people and create processes that don't depend on you that allow you to walk away and have the business still run without you. Never before in the history of the world has this been as possible as it is today with the Internet. Filipino VAs are smart, loyal, hard working and talented. An entry level person for full time work starts around $400 a month. You can afford to hire good people to train them in a process and to become the CEO. If you haven't already learned about hiring VAS from the Philippines, head over to OutsourcingLever.com and get my book all about how I've used Filipino VAS to create an online business which runs itself. Well. It doesn't run itself. The VA's run it. But you get the point. The book is free. Just go to OutsourcingLever.com to get it. Now, before I finish, let me talk about one more key component in becoming the CEO rather than just a business owner. So most of the time, when someone starts a business, they're willing to say yes to any opportunity that comes along and which they think will make them money. Now that includes opportunities where they know they're going to be the one responsible for making things happen. This is a big mistake. The question I always ask when evaluating any business opportunity is who's going to have to do the ongoing work? Is it me or can someone else do the ongoing work? Because if it's me, it doesn't matter how much money it's going to make if I'm required to do the work, the ongoing work, creating myself a job. And yet, that's what most entrepreneurs do. They don't ask this question. So as you start to work with VAs, or as you start your business or progress in your business and grow it, always ask yourself as you evaluate opportunities, who will have to do the ongoing work here? If it's you, don't pursue it. My name is John Jonas. I'm the CEO of OnlineJobs ph, which I created while working about 17 hours a week and having my virtual assistants in the Philippines build it for me.