Delegation For Small Business Owners

To grow a business you absolutely must learn to delegate. I find it hard to delegate, but it’s really important if you want to be able to grow your business.

When and what to delegate;

1. Delegate things you hate – you’ll always find excuses not to do things you hate, delegate them and ensure they no longer take up any head space and they get done.

2. Delegate things you aren’t good at – don’t waste time mastering everything, as soon as you have the resources invest in people that can do certain jobs better than you.

3. Delegate things that others can do more cheaply
– if you’ve worked out that your time is worth £100 per hour, then you should delegate everything that doesn’t contribute directly to you earning that. Hard to do, and there are a few exceptions along the way, but a good rule of thumb that will keep you questioning everything you’re doing.

4. Delegate if you’ve become the bottle neck – are you holding your business back? It’s often the case that the very person trying to grow the business (the owner) is the very person that holds the business back.

Can you think of any more?

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