100 BUSINESS WISDOM FROM THE GREATS – 33 of 100
100 BUSINESS WISDOM FROM THE GREATS THAT MAY CHANGE YOUR BUSINESS FOR GOOD – 33 of 100
‘If you need a machine and you don’t buy it, you will ultimately find that you have paid for it but you don’t have it.’ Henry Ford
Most people may not grasp the meaning of this quote by Henry Ford, one of the most practical and successful entrepreneurs of all time. What he is saying essentially is that when you need a machine but don’t buy; you will pay for it with inefficiency and waste arising out of not having the machine. I did a webinar on automating your marketing last week and the feedback was so great that I decided to write about using machine in your business today. The above quote was over one hundred years ago but yet it still resonates powerfully in today’s world. When you automate repeatable tasks in your business, you have the freedom to focus on your core competence; this is the way to grow your business faster. Alternatively, outsource what you are not very good at because there are people who will do it spending less than 10% of time that you spend on it. Please heed Henry Ford’s advice and buy the automation your business needs today so that you don’t pay for it ten times over with stagnant result. Ayo Benson is the CEO of mbcKonsult – ‘we help established businesses achieve exponential profit’