The Framework for a Successful Business

Many real estate companies don’t function as businesses because the owners are locked down in production without the freedom of time or money. How do you build a framework for a successful business? What makes entrepreneurs different from everyone else? On this episode, I talk about what it takes to be an entrepreneur and build something that gives you freedom.

Entrepreneurs increasingly approach their future as an exponential game that keeps jumping to higher levels of personal challenge, reward, and enjoyment. -Lars Hedenborg

 

3 Things You'll Learn From This Episode

• If your business can’t run smoothly without you being there 100%, it isn’t a business.
• As an entrepreneur, your wins and losses serve as R&D for the things you want to achieve.
• Systems must be continuously improved or they’ll become bottlenecks or roadblocks.

Entrepreneurs are self-motivated by a bigger future vision of themselves, and they ignore other people’s ideas of success. What separates you from the rest is that you lean on systems and leverage, not your own efforts to sustain and grow a business. The franchise prototype model asks “If I was going to replicate my business 1,000 times how would I have to think about it differently?” From that perspective, it’s critical to create systems that produce consistent and efficient results that minimize dependency on you.