Mike Andes and others debate whether grinding yourself to the bone is worth it. Once a business hits $750k to $800k in revenue, you have to delegate sales and operations or you'll burn out. Some say overwork teaches kids a lesson; others call that an excuse for being absent.
Questions this video answers
Approximately $750,000–$800,000 in annual revenue.
So.
I mean, you need profit, right? That's everything to run a functional business. But it's more about my family.
I keep justifying my work ethic by saying, oh, I'm setting a good example for my kids. They're seeing me work hard, but I'm not as present as I should be. So it's kind of an excuse in a way.
When a business gets to 750, $800,000 in annual revenue, you as the owner can no longer juggle all the balls of sales, admin and operations. You have to start delegating those things in order to grow past that, make the business more systems centric and not everything hinging on you performing all roles of the company.
It's the hardest thing to let go of something you care a lot about. The same way as like a kid, you're like going to school and all the rest of it, like, that's how they succeed is you let go. And that's how the business succeeds, is you let go.
Feeling like I'm finding answers, you know, delegating, figuring out roles, the email thing, not checking in on the weekends and being more present with my kids.