FULL VIDEO ⬆️
27 Dec 2023 · 0 min
0:21
Mike Andes explains why business owners who start in the field need to step back as their company grows. Staying hands-on feels good but leaves critical admin and financial work undone, risking bankruptcy.
Mike Andes explains why business owners who start in the field need to step back as their company grows. Staying hands-on feels good but leaves critical admin and financial work undone, risking bankruptcy.
Good hearted business owners can get sucked into working out in the field with their crew in the blazing heat or the cold simply because they feel bad.
You feel bad, you're like hey it's hot. I want them to know that man, I'm gonna help.
However, as the business grows and you have a lot of employees, it's your responsibility to know your numbers, do the back end office and admin work to ensure the company doesn't go bankrupt.
I don't look at the paperwork side enough because I get caught up in the field and Tomas even had a team like no dude, just stay back. We got it man, just stay. Just do your thing.
I understand. And it's uncomfortable sometimes to have your crew working out in the heat or in the freezing cold while you're not. However, what you're doing is important for the business to grow, expand and survive in the economy.
