If you can not duplicate yourself by hiring the best team for your business, then unfortunately, you can’t leave your business.
If you are on vacation, your business is also on vacation.
If you get sick, your business also gets sick.
And if you procrastinate, your business also procrastinates.
Therefore you don’t have a business...
You are self-employed!
And this is what I call the “self-employment trap.”
Many entrepreneurs think that they have a business, but the truth is they are “glorified self-employed.”
And in this the worst thing that can happen to you.
There are always advantages and disadvantages to any career.
If you are an employee, your advantage is that you have stability in your income. Every 15th and 30th, you can expect to receive a salary.
The disadvantage is that you have very little room for financial growth.
If you are a business owner, your advantage is that you can grow your business as much as you can.
You have growth potential but you lack the stability of a predictable income.
..if you are an entrepreneur who is “self-employed”, you don't have the stability of a predictable income.
Also you can not grow because you are the business and are limited to only what you can do.
Being in the “self-employment trap” is like having both the disadvantages of an employee and a business owner.
And if you want to build a thriving business that can run without you, then you need to stop “being the business” and start actually building one!