Why this Company Founder is Trying to Fire Himself
I love the shows “Shark Tank” and “The Profit”. I’ve never missed an episode. For some reason, these shows really draw me in. I hang on every word, especially those of Marcus and the Sharks.
I suspect that it is more than just a love for business that keeps my eyes glued to the screen.
Why do I pay very close attention any time either Marcus or one of the “sharks” speak up?
I’m curious about their business knowledge. I want to know what they know. I want to understand business the same way they do.
I admire how powerful they seem. It seems like, with the wave of their magic wand, they can make a huge impact on a business. They can take struggling businesses and make them massively successful. They can positively affect the lives of business owners, their families, and their customers. All with a relatively small investment, plus their knowledge and connections. To me, that’s really cool.
I’d argue that business men and women at that level are some of the most impactful people on the world, the economy, and people’s lives. How they choose to invest their time and money makes a big difference. It can be negative or positive, of course. The point is, they can move the needle.
How did they get that way? Doesn’t it seem weird that they’re so high up in the clouds, and everyone else is almost begging for their wisdom and help? Is it something they are born with or gifted? Or can it be learned, or rather earned? This is what I want to find out.
I network with other entrepreneurs all the time. I meet with very wise business owners and discuss strategy. I pay for high level business coaching. I read all the business books.
What I’ve found is that most of the content out there is talking about how to improve your business. How to improve marketing, sales, systemization, productivity, etc.
Not a lot of it seems focused on outsourcing your business. Well, ok. There’s a ton of stuff out there on that. But, even when you take heed of those instructions, you’re still kind of left “running the ship”. Or being the CEO, rather. You can outsource all parts of your business to employees, contractors, and vendors. You can systemize the shit out of everything. Still, it seems really difficult to finally leave your business. There always seems to be just one more thing you’ve got to stick around and finish up.
I suspect that could go on for a lifetime.
So if things are this way for us, then why aren’t they that way for the sharks? They wouldn’t dare be caught up as the CEO of a company. They don’t have the time to focus that much on just one company. They have equity in 100’s of businesses. How do they trust that their businesses are being run correctly, when they’re gone all the time? How come they’re doing so much better, in terms of finances and impact, than we are, and they don’t have to work in their businesses at all?
These are the questions I want to answer.
So, I figured what better way than to fire myself from my role as CEO in our real estate business. If I could go from being the CEO to being a shareholder, I’d really know what it was like to be a shark. I could view certain reports on my business but not be involved in the day-to-day. More importantly, I’d be freed up to start and invest in multiple other businesses. I’d be able to take my business knowledge around and inject it into many struggling businesses, getting them back on the road to prosperity. I think this would be a very rewarding career and this is what I’m out to do.
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My goal is to fire myself on Thanksgiving Day, 2016. We’ll see if I can pull it off.
Thanks for reading and talk soon!