Here is how exeedingly powerful this principle is that I want to share with you today.
In three months, the spin off business is generating the same revenue that it took its parent company FOUR YEARS to make!
How'd I do that?
Leverage.
Here is how it works.
Let's say I want to move some sandbags. I thus begin my Super Sandbags R Us business.
I can move all the sandbags myself, if I want. But how long do you think it will take me to make a pile like this though?
Exactly!
You're right! You'd ask, Entrepreneur Chick, why don't you get some people to help you?
So I do:
(Chloe? That was for you. You know I'm always thinking of ya.)
This is my Super Sandbags R Us staff and I teach them everything there is to know about moving sandbags efficiently.
I develope a well-rounded and comprehensive Sandbag System that everyone understands.
No one can move sandbags better than us.
PRINCIPLE #1
Make sure, if you'd like to make a lot of money- you can leverage your business by creating a replicatable system.
PRINCIPLE #2
Never do yourself what you can pay someone else less to do.
I like the way you think, girl. Where can I get I crew like yours?
ReplyDeleteand... how's it goin' with the little black dress?
Okay, a compelling and well-evidenced argument. But I'm still going to be the chief pilot (as well as CEO) of my airline. I'm not paying anybody ELSE to do THAT fun job...I can hire mechanics and load-masters and navigators and bookies, and perhaps even copilots, but I'M in the left seat.
ReplyDeleteBecky,
ReplyDeleteThank you!
A crew like mine? The staffing company I'm using is a lifesaver.
As for the black dress- it's going perfect. BUT, geez- I think I'm catchng a cold!
Tony said, "I know this sounds morbid, but if you die, girl, you're going to this show!" Then he acted like he was wheeling my casket and opening up my lid for anyone who'd want to see me.
He's such a goof. lol
Postman,
ReplyDeleteNo one says you can't be the head guy. I know you love what you do.
When I call Rouge Airways and book my flight, I'm going to ask for you.
Yet, there's something I want you to consider.
Your life will not be the same, at 23, when you are 38.
You will most likely have an adorable wife with equally adorable children; who don't like it so much when Daddy is gone.
What if you just hired a few pilots and trained them the way you'd like and bought a few more planes so you don't miss those soccer games and Christmas?
I'm just sayin'...
i'm just sayin', I couldn't agree with you more. PS...ewww Brad..ewww! "A"
ReplyDeleteI definitely like the gents you have moving the sandbags and I could arrange a few jobs for them as well.
ReplyDeleteThank you, thank you, thank you for the gratuitous, half-nekkid men, momma!!! You know how much I love ogling ;)
ReplyDelete"A",
ReplyDeleteThe 10th has already passed. I wonder what he decided?
Tell me at the show, k?
RNSANE,
ReplyDeleteWhat kind of job? Inquiring minds want to know.
I would follow your blog back but you've not created one yet? Let me know.
Chloe,
ReplyDeleteI do know how much, judging from your past trip to the beach in Cali- that you do love ogling!
Julie,
ReplyDeleteThank you. Actually, all of us entrepreneurs think about the same way- what I've said is nothing new by no means.
I learned this by studying business books and applying what I learned.
We think the same but we have different areas of interest, yet the principles remain static.
Anyone?
ReplyDeleteCan anyon tell me why my audio player is completely gone?!
Is that so WEIRD?
I went to their website yesterday and I logged in okay- but my player was gone there too.
I wonder if they are having technical issues.
I Googled but no result. It feels funny to come to my blog with no "Takin' Care of Business".
Also, while I'm on the subject, remember my old background? (Which I didn't like and no one likes as much as this one.)
Well, my background got snatched too!
What's going on? There's blog gadget snatching? Gadget heists?
Maybe that crew of naked guys took it as their bonus for working naked.
ReplyDeleteYou're so good at making it all simple enough to understand, even for the financially challenged, such as myself.
I get all excited to apply your principles, but I'm soooo starting at the very beginning. Right now I just need to get people to pay me for what I'm good at, and worry about hiring others later.
If you were wondering why I've resolved not to get married until I'm at least 30, that's why. So I won't have to quit piloting. Your advice is sage-esque. I took it to heart. Things are going to be different 15 years from now (assuming I can actually find some woman who enjoys tolerating my existence). I'm going to have to adjust. I imagine, indeed, that I will have to (or rather, SHOULD) hire pilots to replace me so I can spend more time with the family.
ReplyDeleteUntil then, though, things are going to be balls-to-the-wall. I'll answer the phones at Rogue Airways between now and then just in case. :)
Polly,
ReplyDeleteAs always, thank you for those kind words.
You are so smart to realize that first, you have to build a good foundation and then take it from there.
I had my starting point too- which, if I truly had to put my finger on it, went something like this:
EFF YOU, BUDDY! I'M BLOWIN' THIS POP STAND!
Postman,
ReplyDelete"Yes. Rouge Airways? I'd like to book a flight. I usually talk to Postman. Please put Postman on the line, will you?"
"He's not here."
"What?"
"He's not here, mam."
"Okay, look. I don't think you understand. I ALWAYS speak to Postman so, I'm going to be really nice and give you 30 seconds to go round him up. I bet next you're going to be telling me he's not my pilot either?"
"Yeah, he said you'd be getting your panties in a wad, but he said we'd pay you five bucks to have a look see. Said that'd pretty much calm you down. Get out your iphone, mam.."
"...(assuming I can actually find some woman who enjoys tolerating my existence)" Are you kidding me? You're a dollbaby.
Flash to Beevis and Butthead: Huh, huh, huh, huh, huh- he said, "sage-esque". Huh, huh, huh...
Fellow bloggers-
ReplyDeleteI just have one more complaint/quesion. My profile views have been stuck on that same number for like, two months or more.
It's stuck, it's stuck, it's stuck... Did I mention it's stuck?
Is this fixable?
HAHA! Brilliant! Remind me to record all my business's phone conversations. For instructional and quality-control purposes only, of course.
ReplyDeleteAnd thank you for the compliment. Maybe I need to get out there and try harder.
Ah, B&B...they have the answers to a scarily large number of things, don't they?
I actually got caught with my literary pants down. I wasn't sure whether "sage" could be used as an adjective (the phrase "sage advice" doesn't really make that clear). So I used "sage-esque" in order to CMA. Apologies for any ambiguity.
As for your profile view count...well, you could try refreshing your profile about 1,000 times or so. Haven't a clue otherwise.
Postman - NEVER apologize for making up a word. That is my command as an English professor with a Master's degree.
ReplyDeleteI have spoken.
Postman,
ReplyDelete"Maybe I need to get out there and try harder."
Yes!
I said to Chloe @ FortuneCookiesandmen.blogspot.com "Start dating!" And guess what?
It's like this: I fish. I can't catch anything if I don't have my line in da water. Ya know?
Polly,
ReplyDeleteYou are CRACKING me up!
She's crackin' me up too. But far be it from me to disregard the word of an English professor. Actually, the first word I ever invented was "frigidity." I'd never seen it before and some of my friends insisted it wasn't a word, but I stuck to it. And now, it seems, Blogger even recognizes it!
ReplyDeleteEC - thanks for the tip. I guess I might have to (gasp!) go hit the bars more often.
My beloved is a notorious wordmakerupper. My favorite is "introflection."
ReplyDeletePostman - NO! Not bars. I met my ex-husband in a bar, and look how that turned out.
To loosely quote Seth Rogen in Superbad - you gotta go to the farmer's markets and the library if you want to meet the quality girls.
Momma, yep, you told me to date and look at me now!!!
ReplyDeleteHasn't been as great as we had hoped for a good story, but good for my happiness, so I'll take that :)
I think you should put up pics of half naked men more often. (Yah, I know, I'm bad...and a pig. That's why you love me!)
Pollinatrix: Seth Rogen said that? Dang, maybe Superbad isn't just a complete waste of film after all. I'm interested in the quality girls, that's for sure. Trouble is, I've got other things on my mind when I'm at the library and farmer's market...see? No wonder I'm still single. I was kind of making a joke, though. I've never met a single worthwhile person in a bar. It's been all the people I've BROUGHT to bars that have been the worthwhile ones.
ReplyDeletePolly, Postman: Observation.
ReplyDeleteObviously all of us need to have a conference call.
Topic?
Postman's dating life.
Here's something *we*, as it is now Polly's and E.C.'s project to get Da Postman hooked up correctly- need to consider.
When we are successful in finding a hot babe who's also intelligent, warm, loving, kind and can knit a Snuggie as seen on t.v., this will mess everything completely up!
Why's that?
Because he wants to get married at 30. How is going to wait until 30 if he finds this woman that I know we can find?
See? Completely blows up Postman's timeline.
Sigh.
And let me tell you- you guys know I have a big event today and yet here I am, not even 8:00 a.m. and I'm sitting here worried about Postman's dating life.
No, I'm not obsessive complusive. Why do you ask? I'm not co-dependent either. And I certainly don't have an eating disorder.
You're right, EC. The other thing I fear is that if we find him a woman, we'll lose him as a blogger. And that would be tragic.
ReplyDeleteI hope your event goes great!
Whoops. My daughter was signed into Blogger and I didn't realize it til I posted that comment.
ReplyDeletePolly!
ReplyDeleteIt's okay. I just went and followed her blog. I hope she doesn't mind.
I'm going to read her tomorrow.
Chloe,
ReplyDeleteHave a wonderful time tonight! xxoo
I feel I ought to pipe up here (before the Find-Postman-A-Girlfriend Club gets too far off the ground) and state that, yes, I'm quite grateful for your concern, but I didn't really bring up my two year Girl Drought just so you good ladies could start plotting how to remedy it! It's kind of you but I don't want to trouble you. I feel guilty and stupid now, like I've been whining and unloading my problems on people again. I hate it when I do that.
ReplyDeleteJust...if you, say, happen have any friends...hot babes who are intelligent, warm, loving, kind and can knit a Snuggie as seen on TV (how did you know that was on my wish list, anyway???), send them my way and I MIGHT make an exception to the not-before-30 rule.
Having said that, I am flattered that you have a big event today and you're worried about my love life. Very flattered. And I don't get flattered often.
I believe it's called being "empathetic" not "obsessive-compulsive." And I would label it "being hopelessly romantic" or perhaps "overly sentimental" rather than being "codependent," as I would refer to an "eating disorder" as "I'm-going-to-eat-a-little-more-frugally-here-so-I-can-make-a-powerful-lasting-impression-on-the-bigwigs-at-this-rather-important-shingdig-on-Saturday."
How's the dress fitting going? Will you make the deadline? Good luck (and have a ball) at the event!
Emmuh: Why, gosh. I'm getting flattered AGAIN. That happens to me a lot around here. Thanks very much indeed...
P.S. I actually WAS planning on going to the library today...have to snag some reference books for novel-editing purposes. (The Akkadian Empire, Sargon the Great, Nostradamus, some other stuff.) Maybe there'll be a few intelligent, warm, kind, Snuggie-knitting types down there today...