Thursday, 29 January 2015

Escaping the owners trap

The Owner’s Trap

The challenge: Most business owners are not free at all. They are trapped by their business because…

• The owner has the most industry knowledge;
• Customers want to talk to the owner;
• The owner wants to please customers, so says “yes” to too many customer requests;
• The owner’s employees do not have the same level of industry experience as the owner, so cannot deliver what the owner promises customers;
• The owner gets involved in delivering what the customer has asked for;
• The customer is happy and buys more from the owner to repeat the cycle.

Signs You’re in The Owner’s Trap


This phenomenon is called “The Owner’s Trap.” The signs that you’ve fallen into this common trap are:

• Business slows when you take a vacation;
• Customers come to you with problems;
• Your growth has reached a plateau.

Businesses stuck in the owner’s trap are stressful to run, but that’s not the only problem. They’re also worthless because nobody is going to buy a company that is dependent on its owner

Free yourself from The Owner’s Trap by building a sellable business


Freeing yourself from The Owner’s Trap means building a sellable company; not necessarily because you want to sell, but because creating a sellable company gives you choice and freedom:

• A sellable company can be scaled up beyond you…
• You can choose to promote yourself to the chairman’s seat and let your employees run the company day to day…
• You can pass it on to your kids or young managers with confidence…
• You can sell it, giving you the ultimate in financial freedom.  

Think of a sellable company as the ultimate poker hand that gives you the very best choices.

So If Sellability = Freedom Wouldn't you like to know just how sellable your business is?


The Sellability Score is a free online assessment that measures the Sellability of your company. Once you have answered the questionnaire, you will immediately get your Sellability Score out of 100 in real time – while you’re on our website. It’s free and the results are confidential.    Get your score here

Download PDF here

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