EPISODE · Apr 19, 2022 · 22 MIN
How to Build a Business That Runs Without You | Kris Ward
from Business Owners & Entrepreneurs Podcast with Peter Boolkah | Business Coach | The Transition Guy® · host Peter Boolkah
Send us Fan MailMost business owners hire a team because they want to reduce their workload.Then they create another job for themselves checking everybody’s work.In this episode, Peter Boolkah speaks with Kris Ward, author and host of Win the Hour, Win the Day, about building a team and the systems that allow a business to operate without the founder supervising everything.Kris explains how she reduced her working day from 16 hours to six.That decision was tested several years later when her husband was diagnosed with colon cancer and she was pulled away from the business for approximately two years. Her clients and the wider business community did not even realise she had been absent.The business continued because the right team and infrastructure were already in place.Kris argues that founders frequently mistake doing everything themselves for being hardworking and financially responsible.In reality, they can become what she calls the business’s “most damaging overhead”.You’ll discover:Why working faster is not a sustainable productivity strategyHow Kris reduced her working day from 16 hours to sixWhy a business should support your life instead of consuming itThe damaging overhead, delayed income and diminished opportunity caused by doing everything yourselfWhy traditional delegation can create another management job for the founderWhat Kris means when she says your team should manage youHow to replace micromanagement with ownership and trustWhy living systems can be more useful than static operating proceduresHow Kris uses Super Toolkits to improve processes continuallyWhy “once I get past this next thing” is a warning signHow to begin outsourcing without taking on a large permanent commitmentWhy growth becomes impossible when every additional pound of revenue requires more of the founder’s timeHiring people does not automatically reduce founder dependency.If every decision, question and piece of work still comes back to you, you have added payroll without creating freedom.The objective is to build a team, systems and operating rhythm that allow the company to make progress without you holding everything together.Your business should support your life.It should not consume it.CONNECT WITH KRIS WARDWebsite: https://winthehourwintheday.comCONNECT WITH PETER BOOLKAHWebsite: https://www.boolkah.comLinkedIn: https://www.linkedin.com/in/boolkahInstagram: https://www.instagram.com/pboolkah/Facebook: https://www.facebook.com/BoolkahX: https://twitter.com/boolkahABOUT PETER BOOLKAHPeter Boolkah is a business coach, author and speaker who has spent more than 20 years helping business owners build stronger, more valuable businesses that do not depend on them for everything.He is the creator of The Hamster Wheel Trap® and author of Your Business Sucks: Build a Business That Works Without Destroying Your Life.Peter works with founders and leadership teams on the issues that ultimately determine whether a business creates freedom or becomes another job: leadership, founder dependency, people, profit, execution, scaling, exit readiness and enterprise value.His approach is direct, practical and built around one simple question:Do you own the business, or does the business own you?Learn more at https://www.boolkah.com
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Send us Fan Mail Most business owners hire a team because they want to reduce their workload. Then they create another job for themselves checking everybody’s work. In this episode, Peter Boolkah speaks with Kris Ward, author and host of Win the Hour, Win the Day, about building a team and the systems that allow a business to operate without the founder supervising everything. Kris explains how she reduced her working day from 16 hours to six. That decision was tested several years later when...
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How to Build a Business That Runs Without You | Kris Ward
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