What is your value to the business?
The more important the owner is to the success of the business, the harder it is to achieve high goodwill for the business when it comes time to sell.
Under management profits are the best type of profits from the bankers’ and accountants’ point of view. This indicates that the owner has built a business that will live on and prosper long after he has gone. Your value to the business is highest when it is self-sustaining. There is a failure to build when the owner has to be the first person in and the last person out each day.
Demonstrate your business acumen and your highest value to the business by rising above it.
Work on the business, not in the business!