Build Your Business: From Fear to Freedom
#49 - Coaching is Secondary: Business is Primary (Legacy Episode)
25 Oct 2024
Coaching is Secondary for Business Success Consider this scenario. Someone becomes an expert in creating a certain craft or providing a certain service. Maybe this is butchery, baking, or candlestick making. Because friends and family love what this person does, their friends and family encourage this person to become a butcher, baker, or candlestick maker and start his own business. It fails. Why does it fail? Because the technical aspect is secondary. Business is first. If you decide to start your own business, you are a business owner, manager, and coach. Coaching is secondary to business success. You must spend time managing and owning the business. Coaching is Secondary: How to Be an Owner The E-Myth Revisited discusses the three different roles in a business: technician, manager, and owner. When you start your business, you must do all three (unless you happen to be rich and can hire people from day one). You cannot delegate any tasks. Over time, you can begin to delegate first the technician work and then the managerial work. If this bothers you – if this sounds like the opposite of why you signed up – you may want to reconsider starting a business. You may want to see if you can work for someone else. That's okay. Why? Because coaching is secondary, being a manager and owner is primary for business success. Learn how to be an owner. PS - Coach Smarter, Earn More: https://bit.ly/3X4ixOX Matt's Links Website: https://ryanmattreynolds.com/ Instagram: https://www.instagram.com/reynoldsstrong/?hl=en Chris's Links: LinkedIn: https://www.linkedin.com/in/chrismreynolds/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
Before the Crisis: How You and Your Relatives Can Prepare for Financial Caregiving
06 Dec 2025
Motley Fool Money
Anthropic Finds AI Answers with Interviewer
05 Dec 2025
The Daily AI Show
#2423 - John Cena
05 Dec 2025
The Joe Rogan Experience
Warehouse to wellness: Bob Mauch on modern pharmaceutical distribution
05 Dec 2025
McKinsey on Healthcare
The method of invention, AI's new clock speed and why capital markets are confused
05 Dec 2025
Azeem Azhar's Exponential View
Meta Stock Surges on Plans for Metaverse Cuts
05 Dec 2025
Bloomberg Tech