How To Create A Business That Runs Like Clockwork

Author and serial entrepreneur Mike Michalowicz joins us today to talk about the basis behind his newest book, Clockwork. You might have heard us mention Mike’s previous book, Profit First, once... or two hundred times before on the podcast. He created that formula as a way for businesses to ensure profitability from their very next deposit forward. Along with the two above mentioned books, Mike also wrote Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which Business Week deemed “the entrepreneur’s cult classic.” Mike has also launched three multi-million dollar companies, he’s a former small business columnist for The Wall Street Journal, and a popular keynote speaker on innovative entrepreneurial topics. What is the basis behind Clockwork? The simple answer—It's a simple process of making the business run on automatic. Listen in as Mike delves a little deeper into creating a business and not a job. We also discuss: Serve the QBR—The Queen Bee’s Role. How to determine what it is and and why you should never compromise your core competency Avoiding Superhero Syndrome and why you need to trade your superhero cape for a super-visionary one Delegation is NOT the assignment of tasks, it’s the assignment of outcomes. -Mike Mike's mentorship on the show has been a ton of value! He provides great knowledge and wisdom for creating businesses that run and scale without you. Whether you are just starting your own business, thinking about starting one, or even have a well established business, do yourself a favor and listen in to today's episode of The Art of Passive Income! TIP OF THE WEEK Mark: I love all Mike's books, but check out Clockwork by going to his website at MikeMichalowicz.com/books, where you can find all of his books. Scott:  Do yourself get Profit First by Mike Michalowicz... then execute on it! Mike: We are not the chess pieces, we are the chess players. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?