All Episodes

May 11, 2021 4 mins

Send us a text

The purpose of being an entrepreneur is to build a system that makes you money, not to simply just make money. A lot of people get those two things confused.

What happens if you build a business and start to find success? You grow as big as you possibly can, given the amount of time and energy that you have to devote. Then you start to hire for customer service, sales, etc., but not for the one thing you’re good at. All of a sudden, you have systems and processes for each part of your business, but you don’t have somebody to replace you. That’s going to become the bottleneck in your business.

There’s a common myth in entrepreneurship that nobody can do what you do. It’s just not true. There’s plenty of people who, when trained properly and given the right systems, can do exactly what you do.

Anything that depends on you is going to become a point of failure. You have to think about what tasks, if done repeatedly at a level of excellence, would grow your business.

If you want to learn more about building a system, visit https://www.digitalnomad.com/Podcast/

 

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
The Joe Rogan Experience

The Joe Rogan Experience

The official podcast of comedian Joe Rogan.

Two Guys, Five Rings: Matt, Bowen & The Olympics

Two Guys, Five Rings: Matt, Bowen & The Olympics

Two Guys (Bowen Yang and Matt Rogers). Five Rings (you know, from the Olympics logo). One essential podcast for the 2026 Milan-Cortina Winter Olympics. Bowen Yang (SNL, Wicked) and Matt Rogers (Palm Royale, No Good Deed) of Las Culturistas are back for a second season of Two Guys, Five Rings, a collaboration with NBC Sports and iHeartRadio. In this 15-episode event, Bowen and Matt discuss the top storylines, obsess over Italian culture, and find out what really goes on in the Olympic Village.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2026 iHeartMedia, Inc.