Success isn't just about working in your business; it's about keeping an eye on it. Stay vigilant to

Name: Success isn't just about working in your business; it's about keeping an eye on it. Stay vigilant to
Uploaded: 2024-11-01T19:16:19+00:00
Duration: 59 s
Channel: Nate Kennedy
Description: Nate Kennedy delivers a short spoken message advising entrepreneurs to balance "working on" their business with actively watching over it. He warns that…

1 Nov 2024 · 1 min

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Nate Kennedy delivers a short spoken message advising entrepreneurs to balance "working on" their business with actively watching over it. He warns that delegating without oversight can lead to serious losses (he mentions people losing millions and gives anecdotal examples like someone stealing from him and hires that didn't perform). The core takeaway: work on the business but always monitor it and occasionally work in it to correct problems.

Chapters

You know, so and so stole X Amount from me. Don't forget to watch your business while you're working on it. You've heard many people say you got to work on your business, not in your business, right? And so a lot of entrepreneurs and business owners really focus on getting to that point. And I think they take it as, hey, I'm gonna go work on my business. So I gotta hire someone, put them in place. I put that person in place, I assume they're doing all the stuff that needs to be done, and then I move forward, right? And so I go focus on working on the business. I've been in businesses where I've put someone in place and things weren't going as planned, but I was so focus on working on it and I wasn't watching the business and things started falling apart, decided to come back and fix it. Business owners that I know that have, you know, been working on their business, forgot to watch it and have lost millions of dollars through that process. So I think it's important to understand that the distinction between the two. But I thought this one really, really hit home, right? Don't forget to watch your business. So, yeah, yes, 100%. You got to work on it. There's going to be times you got to work in it too. But no matter what, you always got to be watching it. Super important.