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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Being The Single Point of Failure In Your Own Business

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5884 Ratings

🗓️ 17 August 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

How do you transition from a hustler to a business owner? We want to coach you at Wealthy Investor! For a free consultation, go to https://wealthyway.co/jmi ______________________________________________________ Are you living The Wealthy Way? Take the quiz and get FREE access the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/ Would you like our team to help build your personal brand? Apply to join Pineda ...

Transcript

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0:00.0

I want to talk to you about scaling a business because I think most people that follow us are in the

0:07.2

hustle stage where it's just them making sales, they're doing the admin, they're doing the

0:12.0

cold calls, maybe they have one cold

0:14.3

caller but that's about it right so how does someone transition from a one-man

0:19.2

show to actually building out a business So business when that switch happens, you go from that

0:25.3

grind stage, what should we talk about? Yeah. To that self-employment into like

0:28.9

actual business ownership. I think one of the biggest mistakes we make as entrepreneurs if we get a great product that makes a lot of money

0:35.8

And we automatically assume this is a scalable business

0:38.3

Yeah, and I'll tell you that one of the things that holds back entrepreneurs from scaling properly is

0:44.0

themselves.

0:45.0

Yeah, I believe that 100%.

0:46.6

They become a single point of failure in their own company.

0:51.0

You know, we talk about single points of failure, whether it's in process or people but I don't think anybody takes time to actually look inward

0:57.1

to see if they are that person

0:59.1

That's so deep that I feel like 99% of people won't even get it because they never I've talked

1:05.2

to entrepreneurs all day and I'll say hey dude like why don't you do this and they're like

1:09.0

oh I'm not ready and I'm like well you're actually hurting your business because you're not willing to

1:16.3

make the decision that needs to be made.

1:18.4

Yeah. You know every business grows to what we call the 100% it's called business maturity yeah and here's Every business

1:23.2

growth to what we call the 100% it's called business maturity. Yeah. And here's the thing when you are a single point of failure in your own business. Yeah. You cap the 100% to your 100%

1:30.3

Yeah. And here's the thing a business isn't created to grow to your hundred percent.

1:35.3

A business is created to grow to its full potential.

...

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