Are you building a business or creating a job?
Recently I went to a Quiznos Sandwich shop near me for a quick lunch. Interestingly the owner was operating the cash register while he had four other employees putting the sandwiches together. Whose business was he building? I’ve seen him do this for the last two years, he probably started this way and will continue to work his Job. (He’s building Quiznos’ business.) Simple facts from Quiznos:
What is the initial investment?
On average our stores range between $190,000 and $250,000 nationally.
And other sources report that first year income is around $30,000 – $40,000. How long would it take to just break even??
Was that the best use of his money? Did he own his business or did he own his job? Interesting! So how do build a business instead of creating a job? You need to put processes in place in order to allow others to do that job for you. › Continue reading