Understand the Negative Impact of Hands-On Work
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Top Ten Mistakes Contractors and Landscapers Make #3!
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It's crucial to understand the negative consequences of a business owner engaging in technical, hands-on tasks. By doing so, you become a 'liability' and a 'bottleneck' in your own business. You are effectively paying yourself the lowest possible wage (e.g., $10-15 an hour for tasks like landscaping or framing a house) that you could pay an employee. This limits your own financial earning potential and restricts the strategic capacity of your business, preventing growth.
Goal: Recognize why performing technical labor is detrimental to your business's growth and profitability.
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