Systems that allow you to enjoy that piña colada

The importance of systems in business

This week I reflected on my own challenges in building systems for my business. It was helpful to go back to why they are essential. This is what I came up with:

1. Have more time; I can do things in less time, the team can execute tasks and add their flair.
2. Improve continuously; a process becomes our performance baseline to benchmark alternatives.
3. Clarify processes + criteria; we can now adjust to best practices and catch any exceptions.
4. Build the foundations for growth; a prerequisite to growing a team (onboarding and training).
5. Make the business independent (of me); take time off or work through succession and exit plans.

The importance of systems and how to build them are critical topics for every business leader. The conversation that followed after sharing these thoughts covered a few interesting topics:

• Systems as the basis of organization.
• Automation and systems as vital when resources are limited.
• Reviewing and updating systems as enablers of growth and improvement.

So, having systems that work enables us to step away from work and play more with our kids, enjoy that piña colada by the beach or take an afternoon off. But why are systems vital to you? Or if they're not, why not?

If you're interested in exploring this topic further, feel free to sign up for our upcoming webinar, "How to Create Business Systems, the Easy Way!" See more information below.?

Featured Business Spotlights

Efren Castillo, AD Entity

Key points Efren made included defining standards, procedures and processes to align team members. He also shared how important it is to make every dollar count.

Stephen Worrall, Integrated Clean Air Services

In this interview, Stephen Worrall listed and explained the three critical systems that every successful entrepreneur needs: sales, operations and overall business.

Free Know-Hacks! (tips, resources or quotes we love)

1. SYSTEMology: Create time, reduce errors and scale your profits with proven business systems, David Jenyns. This book is a must-read for business owners who want to start building systems but have previously stumbled. It introduces a process that's simple and practical!
2. How to Build the Ultimate Productivity System (2022), Ali Abdaal. If you're interested in creating a personal productivity system and only have a few minutes to spare, Ali does a great job sharing his in this video.

Upcoming events

How to Create Business Systems | November 22nd, 1:00 pm EST

5 Ways to Grow YOUR Profits | December 15th, 3:00 pm EST

Signing off...

Becoming a business owner requires you to make the business less owner-dependent by building suitable systems and assembling a fantastic team. I'm happy to talk about how you can do that. Please feel free to share this newsletter if you know someone in your network working on taking time off, a succession plan or an exit.