Chuck Blakeman is back with us for part 7 of our new series covering different elements and tools from his first book, Making Money is Killing Your Business (MMIKYB). Today we are talking about what does it mean to have a mature business? One of the fundamental mistakes we make is to measure our business against itself instead of what it provides to us as business owners.

A business is mature if: 

1. The business owner is no longer the only producer. They may produce, but it’s a choice. 

and 2. The business makes money when the owner is somewhere else. Meaning, the business is producing time and money.

A mature business always has two attributes: time and money.