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Years ago, Michael Gerber wrote a popular book called E-Myth. The primary premise behind the book is that many entrepreneurs work hard at their craft, but they’re not always adept at developing systems and processes.
This results in many entrepreneurs working harder, but not smarter. Which is often why franchises succeed more frequently than independent businesses.
Franchises provide entrepreneurs with many of the systems and processes they need to work smarter.
In Ecclesiastes 10:10, Solomon wrote, “If the iron is blunt, and one does not sharpen the edge, he must use more strength, but wisdom helps one to succeed.”
For efficiency, long term sustainability, and scalability, defined systems and processes are crucial. Start by determining what processes you perform frequently. Then, begin developing step-by-step documentation and automate when possible.
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