Koichi and I announced to our management team at Ichiko Ramen restaurant that we’re going on an Entrepreneurial Sabbatical™ to Japan and that they will operate the business without us.
How did they take the news? They said “Great!” They are excited about the opportunity to manage the business while we’re away. This is good news since it shows us that they are ready for increased responsibilities.
As entrepreneurs, our job is to create more leaders and to empower them. They are now empowered to operate the business without the owners being there and to make the appropriate decisions to ensure the business operates successfully whether the owners are there or not.
And by leaving on an Entrepreneurial Sabbatical™, this shows them that we trust them in operating the business without us.
In preparation for our Entrepreneurial Sabbatical™, I spent time training them using The Master Entrepreneur® Leadership Program to ensure that they are ready.
With proper systems in place, an awesome team, increased profitability and a great product, we're well on our way to having a Self-Operating Business™ and be able to take an Entrepreneurial Sabbatical™. And this trip will be the litmus test to let us know that we have all the right components in place for having a Self-Operating Business™.
What is an Entrepreneurial Sabbatical™ and why take one?
An Entrepreneurial Sabbatical™ is a term used in the Master Entrepreneur® Program to challenge entrepreneurs and business owners to take "time off" from their business.
Why? so they can leave the business to do whatever they want.
In our case, Koichi and I are taking an Entrepreneurial Sabbatical™ to visit the restaurants where Koichi worked and studied at to learn the art of making ramen, look at some trends in Japanese foods, check out other ramen restaurants, and take time for travelling and experiencing Japanese culture.
If you want to learn more about taking an Entrepreneurial Sabbatical™ by owning a Self-Operating Business™, then join our waiting list below for the next Master Entrepreneur® Group Coaching Workshop starting this September.
The next Master Entrepreneur® Group Coaching Program will start in September, 2018.
You must be an experienced entrepreneur and business owner to join the group.