10 years later, my business partner Chris and I live the life of retirees.
We now own 20 majority owned businesses.
With over 400 employees.
And 80 minority investments.
Plus a bakery and hotel.
Clients to deal with.
Code to commit.
Hackers to be fought off.
Pixels to be beautified.
Jobs to be placed.
Support tickets to be filled.
Even pastries to be baked!
We make far fewer decisions.
On an average day 10 years ago, we made hundreds of decisions per day. Today, we make maybe 1-4 important decisions per month.
We've found the opposite.
Scale affords the ability to delegate to a team (partial reduction in decision making), then eventually to a CEO (almost total reduction in decision making).
They get annoyed when you try to coach or mentor them.
They don't want monthly 1-on-1s or reviews. They want to feel like the business is theirs, to be trusted to run it. To be left alone.
Some of our CEOs speak with us on the phone once or twice a year at most.
Who'd have thought that you could own a business where you make more money/have a happier team by never coming into the shop? Magic!
More ≠ more stress.