Ownership vs Expert Thinking
Ownership is a safer path than being an expert – if you’re trained and knowledgeable.
- An expert sets out to learn skills they can use to exchange their time for money
- An owner sets out to create or buy assets earning money while they sleep
Think of ownership as this list of criteria:
- Does the business income depend on my time?
- Do I have to be the expert for the business to succeed?
- Do I have the key metrics in place I can track to ensure the business is operating well?