Morning Motivator - Are You Replaceable?

"The key to liberation is building a system to replace yourself."
- paraphrased from Timothy Ferriss, author of "The Four-Hour Work Week"

QUICK QUESTION: If you were out of work for a month, not working from home or remotely in any way, what would HAPPEN to your business? What would happen to your INCOME stream? What would happen to your LIFESTYLE?

Most people cannot miss ONE SINGLE week of work without pay before they start getting in "trouble." Many have heard that people live "month to month," whereas I CONTEST that a vast majority live "week to week," if not "day to day." So what is the SOLUTION?

The key is to be REPLACEABLE. Yes, be able to effectively REMOVE yourself from your business, your job, your role, etc and CONTINUE to generate REVENUE. Sounds GREAT doesn't it?

2 DEGREE SUCCESS STEP:
How do we ESTABLISH this ability to be REPLACED? PROCESSES!

A "business" is a SYSTEM of processes that generates an end product through established routine efforts. This model creates the HIGHEST potential profitability with the LOWEST possible investment.

Why not create a "business" out of your role. Use AUTOMATION, DELEGATION, and REPLICATION. Automate any processes that do NOT need human interaction, DELEGATE any low level effort that does not create the HIGHEST output and do it in a manner that can EASILY be REPLICATED by the lowest level training and compensation!

NOW THAT'S A BUSINESS... and one that can REPLACE you (or at least your need to be there do "do" it.)

Cheers,
Zach

*To enjoy past editions of the Morning Motivator go to – http://grow-learn-lead.blogspot.com


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