I felt compelled to share a thread by an entrepreneur and one of my biggest inspirations, Chris Do, who won an Emmy for his work as a designer, director, CEO, and Chief Strategist at Blind and started The Futur (an online education platform with the mission of teaching 1 billion people how to make a living doing what they love.)
The evolution of businesses.
Level 1: trade time for money
Level 2: trade money to buy time
Level 3: trade time to learn a skill/acquire knowledge
Level 4: trade knowledge for influence
Level 5: trade influence for massive amounts of money
FOLLOW HIM:
What level are you? Where are you stuck?
Level 1: use your labor and skills as a freelancer or solopreneur to create marketable services for businesses. Save up enough money until…
Level 2: Hire others to help you. This is how you trade money for time. You are buying back your time by hiring others to assist you in all aspects of your business.
Level 3: You now have free time and money, so you invest as much as possible into personal development. You hire coaches, attend workshops, read books, enroll in courses, get additional training and mentorship. Your value increases as you gain marketable skills.
Level 4: Having applied your knowledge, you scale your business and begin to share your experiences and learnings with others. You master publishing, writing, speaking are able to grow a large audience/following.
Level 5: You have a massive following that can be mobilized.
Source Link BUSINESS OWNERS: Earn More and Make Time For Personal Development!
