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Automate your small business and install systems so that you can focus on higher-level projects (delegate and automate as much as possible). Entrepreneur Joshua Latimer (AutomateJosh.com) explains how he has built a business that allows him the ultimate freedom of location and time – he recently moved his family to Costa Rica, and operates his virtual businesses remotely. He left the corporate world and became his own boss after realizing "I was contributing my excellence to build someone else's dream, and not my own."

Henry Lopez is the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)