The ultimate goal for a business owner is to become inconsequential to their business. For the business to be able to operate without the owner. If you don’t know me, my name is Robroy Wiley. I’m a business exit planning strategist. When I share that statement, with business owners, I receive mixed reactions.
In one phone conversation to a business owner, when I made that statement, they fell silent. In fact, I thought they may have hung up the phone, their silence feeling like an eternity.
Then they remarked, “ I had to register what you said for a moment. There is a lot to unpack in that statement.”
Because that statement emotionally brings a level of anxiety, fear, lack of control, excitement, energy, and optimism. It takes a modicum of emotional intelligence to understand the logic and see the full circle of relevance. The growth and success of a company depends on the owner becoming inconsequential.
Reason, why there is a distinct gut reaction is it feels counterintuitive to everything that represents about capitalism and being an entrepreneur. The strongest qualities of an entrepreneur is their ability to create and build, with a consistent high level of optimism, for the future. Not to forget a drive for each day to have maximum productivity.
By strategically planning, the goal to becoming inconsequential can be reached over time. But to be successful it takes more than the business owner to make this goal a reality. It takes a team.
The benefits far outweigh the negatives. So do you want to become inconsequential to your business? Do you want to master the #1 kick butt challenge to becoming inconsequential?