One of Michael Gerber’s [E-Myth Revisited author]precepts for building a business was that the business should serve the owner. In order to do that Michael preached that you had to build the business to sell it one day. Until now I haven’t seen a good test that could accurately offer whether or not your business is ready to market and sell. Our Rockefeller Habits Checklist provides a good list of activities that when followed put your business in position where your executive team will consistently work strategically on the business, concentrating on the right things and not to be interrupted by the day to day operations. That puts the business in a position to be sellable.
Strategic Discipline Blog
My first post is on an upcoming article you’ll have the opportunity to download on our site for free in the next week or so. I’m putting the finishing touches on a “White Paper” I’ve written entitled “Top Grading, Was Michael Gerber Wrong?” The article discusses the concept that you can and should hire people at the lowest common denonimator for your business, or that the theory called Top Grading, relying on the best people to run your business is best. Top Grading suggests that you need to have the very highest and best quality of people to run your business. Which is right, which is wrong, or is there a place somewhere in the middle, and indeed did Michael Gerber even suggest that you should have people at the lowest level operating your business. I’ll have some insights into that in my White Paper and hope you will offer your opinions on this subject when its posted.
I plan to have more on this as I get more used to this blogging approach and hope you will join me here frequently for insights into operating your business more effectively using the principles that E-Myth business development coaching and other methods provide for producing a business that works without you and gives you more life.
Thanks for reading.