Are you working IN or ON your business? An entrepreneur’s guide to refocusing

Are you working IN or ON your business? An entrepreneur’s guide to refocusing

November 09, 20232 min read

Navigating the world of entrepreneurship comes with its unique set of challenges, and one of the most common dilemmas is distinguishing between working ON your business and working IN your business. Both are vital, but striking the right balance can determine the pace and direction of your company's growth.

At the heart of this concept is the distinction between strategy and tactics. When you're working IN your business, you're engrossed in day-to-day operations, such as handling customer inquiries, managing inventory, or dealing with immediate concerns. It’s the tactical side of the equation -- essential, immediate, but often reactive. On the other hand, working ON your business means taking a step back to look at the bigger picture. This involves strategic planning, identifying long-term goals, recognizing industry trends, and making crucial decisions that will shape the future of your enterprise. In this space, entrepreneurs create systems, develop growth strategies, and innovate.

Knowing where to allocate your energy is crucial. A business solely focused on day-to-day operations risks stagnation; there's little room for growth if the visionary behind the company is constantly putting out fires. Conversely, a business solely strategized without attention to daily needs can falter in execution. The key is balance and delegation. 

This is where Taft Systems comes in and can help you take things off your plate and take back control of your time so you can put your focus on your business. 

We can help you set aside dedicated specific times to step back and analyze your business model, set quarterly and yearly goals, and periodically review your progress -- while also ensuring that the day-to-day operations of your company don’t become an oversight or fall through the cracks.

We would love to help you refocus and give you time to work ON your business. Book a FREE discovery call today.

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