Are you self employed or a business owner?
If you want to run a successful business you have to know how to play to your strengths. It's pretty easy to micromanage everything. Small business owners often complain about being so bogged down in the stresses of day-to-day operations that they have little time to step aside and analyse the status of their business. You can’t pause to innovate, create and set new goals because there’s just not enough hours in the day. Guess what? You’re locked into the mindset of working in your business and not on it.
You may think that you can get things done better and more efficiently than anyone else. That might even be true, but all the time you’re spending doing jobs that other people could be doing is time that you’re not running and developing your business.
Step back…way back!
Moving your business ahead may require that you step back… way back.
In the beginning you’re totally focussed on converting your great idea into a functioning business. You wear many hats, usually because you can’t afford to hire anyone else. But the truth is your job should be to run the business. When you realise this and start delegating, your business will grow. In fact, a new viewpoint could expand your company’s reach and allow it to grow in ways you never would have considered.
Major benefits are derived by adopting a change in mindset both in terms of developing the growth potential of the business and also personal wellbeing and satisfaction.
Business management vs parenting analogy.
Managing a business can be likened to parenting. Knowing when your child or your business has grown enough to be given freedom is a key to success. Just as you can over-parent you can do the same with your business. Know when to trust and let go of the reins so you can focus on the important role of being an effective leader.
As the leader of your business, you’re responsible for spotting problems and delegating solutions. You’re responsible for setting goals and thinking about the future. The only person in your company who will be genuinely motivated to grow your company is you. Every minute that you spend working on tasks that can be delegated is a minute that you are not planning, strategising and building the best business possible.
It may take some practice if you're used to being really hands on. But your employees will appreciate the trust and responsibility you bestow on them. You’re in charge of the big picture. Delegate everything else so you can continue to be the trouble shooter and visionary you need to be.
With you in every success,