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Owner vs Operator Mindsets: The Key Differences

A CEO standing proudly outside an office building

When your entrepreneurial career begins, you have to decide what kind of entrepreneur you’re going to be: a business owner, or a business operator. Thinking that those things don’t sound too different? Think again, because changing your mindset could be what truly helps your business set sail.  

Operator 

The operator mindset is most common for entrepreneurs and CEOs who’ve been with the company since its creation. Operators want to be involved, staying deep in the hull of the business and doing the everyday work that keeps the lights on. The company is your ship, and you’re the only captain that can steer her right. 

This is fine if that’s your vision.  Stable, involved, and entirely controlled by you is not a bad way to run a company. But if your plan is to expand, the operator mindset is not viable. Like money, your time and energy is finite. We can’t capitalize on every single opportunity alone. No man is an island!

If scaling is your priority, our team at HIPPO Services does the heavy lifting for you! We source, and provide you with the most competent virtual assistants to meet your needs and wants. Outsource those mundane tasks, and focus on what matters to you more.

Owner

The owner mindset is more distant but beneficial for growth. By taking a step back, it’s easier to see the bigger picture of where your company can go, instead of keeping it anchored. 

One big key to this is delegation and leadership. The business cannot rely solely on your abilities. You must have a good, reliable team that knows the ropes and can take over the day-to-day work that keeps the company going. Busy work and putting out fires is not what you do anymore – you’re taking this business into open water. 

Picture yourself as the captain of a boat full of sailors. Now imagine all of your crew standing by the sidelines, watching as you desperately try to navigate the ship alone. Like the business world, it takes two hands to clap; the employer’s, and the employees’. Spread your focus too thin, and you’ll end up as a jack of all trades, but a master of none.

Growth means sacrifice, same with anything. To make your business the best it can be, you must trust it to others, and be prepared for it to change in ways you’re not expecting. Focus on what’s important to the company instead: customer loyalty, primary projects, scaling, whatever it is. That’s where your energy goes from now on. 

Time consuming tasks that can be outsourced, SHOULD be outsourced for efficiency’s sake.

Initially, it might be strange to see your business in other people’s hands, but it will sail smoother than ever before. Moreover, the benefits gained from trusting your employees are incredibly beneficial to team morale and work output.


Conclusion:

All it takes is a simple switch in mindset from operator, to to owner to yield extraordinary results. If you are ready to take the first step towards full ownership, our team at HIPPO is ready to heed the call! Contact us today!

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