Today’s episode was filmed live in Honolulu, Hawaii, and is going to cover why it’s important to take vacations, as well as how to get the systems in place so you get paid even while you’re not around your company. Let’s dive right in!
Before we jump into the how, let’s cover the why. There are a lot of people who look at taking vacations as lazy, or as if they aren’t important, however this type of misconception can quickly backfire. While it may seem feasible at first, as humans we are wired to require some breaks from the normality of everyday life. Once you find yourself going large amounts of time without taking any time off, you’ll start to notice it affect you as a person. It starts with feeling burnt out within your company, but you’ll soon start to see if arise in your personal life. It’s important to keep in mind why you started your business- for many that is monetary and time freedom. It’s easy to overlook your needs in favor of working in your business, but balance is always important.
Chances are if you’re reading this then there are a few different categories that you might see yourself in currently. Someone who can’t afford to not get paid while on vacation, someone who has gone on vacations but gets stuck working the entire time, or someone who could go on vacation and get paid, but it takes so much time money and effort to plan and recover from that you don’t fully enjoy your vacation in the first place. It may seem as if being ‘too busy’ to take a vacation is a good thing, as it means you’ve got a lot of customers, but in reality you should have systems in place so that the company can take care of itself while you’re not there at any size.
We’ve covered a lot of reasons on why it is important to take vacations, now let’s get into some ways that you can get your company to be more self-sufficient. The first concept that you’re going to have to understand, is the difference between working ‘in’ and ‘on’ your company. Working in your company is things such as putting out small fires, dealing with customers, etc, whereas working on your company is more high-level things, such as customer acquisition, employee interviews, building systems, etc.If you focus too much on small things, then there won’t be anyone there to handle the big things, and this ties directly into things like getting time for vacations.
One of your strongest assets to ensure that your company is taken care of while you’re on vacation is going to be your employees. If you have the systems in place (i.e always be hiring, group interviews, etc) that allow your employees to take charge then you will find yourself much more at ease while away.
If you would like to watch the live video with a lot more great content, click this link, and If you enjoyed this and would like to watch a complementary master class, head over to this link and find the most suitable time for you.