ML58 - Go From Operator to Owner with Paul Maskill

Paul is a business coach, a consultant and an investor focused on helping service-based business owners go from Operator to Owner allowing the business owner to work less and make more; all while achieving the freedom & income they seek.

Paul started his first service-based business in 2011. Before he knew it, he was working 60-80 hours a week. Until he realized that he had no freedom and the business needed him to survive. So, he systematized everything. By putting systems, processes and people in place, his revenue doubled to almost $500k while the number of hours he worked dropped to below 40. He sold that business for 3x net profit within a week. Now, he helps others to automate their business so they can achieve ultimate freedom.

Top Takeaways: Go From Operator to Owner with Paul Maskill

The worst-case scenario is never as bad as most people [you] think it’s going to be
I knew if I controlled my business I could control my outcome. I was in charge of my own success
If other people were doing it (successfully), I knew I could do it
99% of people in this world are inherently good people. They are not going to screw up on purpose
You don’t gain 100% control of your business until you learn to delegate
Systems and process don’t stifle creativity, they free your team up to think creatively by systematizing the routines, so they don’t have to focus on that.
Process and systems allow you to scale
Without people, you don’t have a business