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Make yourself redundant, focus on people

- January 25, 2013 2 MIN READ

One of the end goals of most entrepreneurs is financial freedom. So what exactly does financial freedom mean? Well to me that means not needing to work, i.e. having a residual income steady enough, and large enough, to have the ability to stop working. So if you want to go on a holiday to a tropical island for 3 weeks, you can do that and not worry about the business (or businesses). So, how do we get there? Good, solid planning and preparation. From day 1 you could be looking at those working with you to groom them into a management position where you could leave.