Episode 62

The Good, Bad & Ugly: The Six C’s of True Business Freedom

Starting a business can be daunting, so it’s a good idea to go into the process with a plan of action. How can you, an entrepreneur, start your journey with greater peace of mind? Additionally, once you’ve achieved success in the industry, how can you scale your business without sacrificing their personal lives? On this episode, I answer these questions by applying what I call the Six C’s of True Business Freedom.

If the amount of money you make is based on the hours you work, your business isn’t scalable.- Lars Hedenborg

 

3 Things We Learned From This Episode

  1. When starting your business, ensure you make proper commitments you have the courage to stick to. While doing this, you’ll be building your capabilities and, in turn, your confidence.
  2. As an entrepreneur, you have to be able to deal with uncertainty and be willing to give up some control. This is the only way to make your business scalable.
  3. Business success should not come at the expense of your family life or your health. You need to find ways to scale your business.

 

When starting your own business, it’s important to be prepared for the challenge ahead. You need to be dedicated, naturally. However, remember that in most cases when businesses don’t do well, it’s because the person at the helm has never relinquished any control, or desperately requires certainty. Go into entrepreneurship remembering why you chose the path in the first place! You want to be able to make more money without doing more work. By working with this in mind, you’re already a step closer to true business freedom.

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