Why Your Hard Work is Killing Your Business Valuation

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Are you a crazed business ninja? Trying to do everything all the time? Always fighting the next piece of work?

Imagine doing less and having more time.

“I couldn’t do that,” you’d say. “I’m the expert in my business and I need to do it all!”

You’re right. No one can complete tasks in your business better than you can. But what if I told you that your business is worth less because of your hard work?

Watch this brief video to learn why your long hours are harming your business’s value.

Action Steps:

  1. Take a rough guess at how much blue sky there is in your business valuation.
  2. Think about one task you do in your business that you could hire somebody else to do.
  3. Leave a comment below to tell me about the percent of blue sky in your business.

Principles:

  1. The more you remove yourself from your business, the greater your business valuation is.
  2. Being the best at your business shackles you to it.
Ready to add another “0” to your paycheck? Dave’s new book The Result offers you a simple formula for getting the most out of your career where it counts the most: your pocketbook. For a practical, proven formula for getting what you want, download, click here.
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