A big problem that business owners face is that they are both the owner of the business, and the number one employee!
Have a think about what that means…
If the owner is telling the employee to be more effective, and the employee tells the owner that they’re flat out and don’t have the time. And they are one and the same person… Who wins?
This is know as collusion. In a large organisation an employee would have a job description, performance standards and KPI’s, If they don’t deliver, they don’t get to stay.
When the owner and the number one employee are the same person, they let themselves off the hook.
We see it all the time, the impact showing up as no profit in the bank account.
People end up working too hard and making no money.
Going into business means making a profit, it’s not about being in busy-ness.