As I had to deliver the car today to the garage we observed our mechanic George* limping.
I asked why & he has to have a hip replacement in December.
George* further explains that he will have his wife covering him for the 3 weeks he is recuperating.
Ah!
As George explains ‘everything is in his head’ & she can always Phone a George*.
Is that a permanent solution for George* when he is easing himself out of his garage business?
He has made the first step in finding a relative who he will transit the business to over the next 5 1/2 years.
He explains that even when a similar business might turnover 150K that he might achieve only 20K -50k for it in a sale.
That is not a fair reward for 30 years of effort.
Yes he has put aside funds for retirement & has been a great father as his three children have achieved their degrees.
However he would be wise to action some more planning which would provide more options
We have suggested reading ‘The E-myth revisited’ by Michael Gerber.
We had a late neighbour who did do software packages for garages.
George, Let’s do some planning.
- what does your wife do when she administers for those 3 weeks?
- what does your mechanic do whilst you are away?
Two = 2 simple documents to transfer from your head to your substitutes.
- Ask your IT friend to find the relevant software package.
Let’s start on the 1st one
As Bob Proctor said on his video. Face your fear & it will disappear.
Or let’s get hips aligned, business plans aligned & of course our wheels aligned.
A suggestion .
Alignment is happiness
Yes sir.