My desire is to have businesses that runs on autopilot. Businesses that bring me passive income. Businesses that can be nurtured and grown without the need to get down and dirty.
I’m on my way – I pursue it – I love the lifestyle, the way to do business, the way to take direct action on my and my family future, and the way I use my time. Or, perhaps I just too lazy?
One thing for sure, I don’t like office work – I don’t like hanging around in office or having a business trip. I love trips for my businesses – not for others.
You can call me ego-centric, but in my humble opinion, entrepreneurs should have a certain level of ego. The ego is one of the driving factors for entrepreneurs to thrive.
Having a business on autopilot relates to your ego – You don’t want to work yourself – you want other to do it for you.
My father is a true office worker – I admire him being one, because I can’t come even close to what he does and how he works. I like what my father’s boss respond to my father’s inquiry. He was asked by my father, “How would you deal with this (business issues)?” He answers, “If I knew the answer, I wouldn’t need you to help manage my business.”
So true. That’s ego. That’s autopilot entrepreneur.
Business on autopilot needs highly competent people to run the business. The owner’s role is directing where the business will go.
Having business on autopilot is beneficial:
- You will have more time to direct the future of your business.
- You will have more time for your family or doing anything you are passionate about.
- You will have more time to seek other business opportunities.
- You will have more time to start other, autopilot, businesses.
- You will have more time to think about the most important – how to be financially free and live the lifestyle you want.
I’m on my way. I’m doing the best I can to get my business on autopilot. I don’t care what people say about this – “You need to work hard and get your hand dirty to be rich,” “you can’t do that – your business will crumble without you,” “You will destroy your dream by handing out the control to people relatively unknown to you,” etc.
I don’t want to think about broken window – the people I trust will fix it. I don’t want to think about running out of supplies – the people I trust will manage it. I don’t want to think about how much cash I have today – my accountant will do that for me.
What I really want to think is the customers – because customers is the real business. No customer means no business.
What I really care is how my business can sail toward the destination I and the market want.
I decide on calculated risk – I wouldn’t trap myself in work hard, play hard lifestyle – I like to work smart, play hard. I take the risk to release a certain amount of control to a caretaker. I choose caretakers carefully, because they are the people I rest a part of my business future on. Wrong decision will affect your business in years to come.
I love a different kind of challenge, and I believe that having other people supervising your business and manage the supervisors as well as the business are two of the most fun things in entrepreneurship.
Enough about me. What about you?