Do you own a job, or do you own a business?

Do you own a job, or do you own a business?

If you don’t know what the difference is… a job requires your own personal exchange of time and effort for money.

A business leverages the time and effort of employees or other assets to generate money.

If you run a photo booth company and have multiple booths, and have attendants running events so you can sit at home counting your money, then you’re well on your way to a thriving business.

If you currently own a job, and want to transition to owning a business, the key is to have well documented processes and procedures, and train employees to the lowest common denominator.

The goal is to have your product/service be fulfilled and client expectations exceeded by ANY of your staff. Your staff should be replaceable.

Now, in my business I do more than just photo booths. (We also provide DJs for events/weddings, and do live hosted DJ Trivia in bars & restaurants)

Last year my staff of 37 produced over 1700 events, and my time in the office is spent planning sales & marketing campaigns and writing policy manuals for my management team to use in hiring/training employees.

It’s quite the experience to read a raving review and write a paycheck for an employee you have never met.

What is the next step for you to take in moving towards a thriving business?