It is SO tempting to do everything yourself when you have a new small business and you are trying to build a profit. I get it.
I’m often told by clients that “no one can do it better” than they can. They also tell me that when someone else does it, they still have to review it and make corrections. I used to feel that way, too.
Until doing it all myself literally made me sick. Here are a few thingsI want you to know about delegating.
Yes, someone else CAN handle it.
Contrary to what you believe, you are NOT the only person that can handle the job. Let’s be honest, there are plenty of people who can do it and do it well, maybe even better than you.
As the owner, your JOB is to hire the right person by taking your time and making sure they are not only qualified, but a good fit for your company.
Of course you have to review their work!
That’s again part of being the owner. And it’s a critical part, because you can’t review your own work! When you review someone else’s work, you will almost always find things you want to change.
You will always be looking at it from a different perspective. That’s why you're the boss!
It WILL allow you to make more money.
When you try to do everything yourself you limit your income. You are only one person. By delegating it to someone else you will have more time to create more income streams for your business and have time to review all of the new profit centers that you have created. You will have more creativity in the area of business growth because your mind won’t be bogged down by the details of each project.
You will have more time for your customers/clients.
To me, the most important variable for a business owner is being completely present in everything that you do. If you are delegating the details to your employees and vendors, then you will be more present when meeting with clients.
And they will feel that! Your attention creates very loyal clients and referrals from your happy customers. Win-win.
You will have more time for you.
80% of small business owners go out of business the first year. And it’s not always because of money.
A great deal of owners completely burn out because they don’t have any free time. They are working day and night. Doing all the work themselves, skimping on the customer service, and end up running out of steam.
Burn out is a sure recipe for killing your dream and heading straight back to the
W-2 world. Don't let it happen!
Create a team. Delegate to them. Watch your business grow and your time and money expand!