Well I’m sure this one will come as a huge shock to a lot of business owners (I know it smells like sarcasm – it’s NOT), but if you don’t run your business, your business will run you!
Let me lead everyone in to what I mean by that. Far too many business owners, especially those who have been in business for a substantial period of time, have settled in. They’ve found a comfortable place where they don’t have to invest as much time or effort to continue being profitable. And while that’s a nice place to be…it’s dangerous.
Let me give you an example. I know a bar owner who has been in business for about 15 years. The first 10 were very profitable and the owner relaxed; stopped making changes, improvements or adjustments to the business. The last 5 years have produced a very steady decline leading up…
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