Most businesses start off with the entrepreneur assuming multiple positions within the company and wearing many hats and is not able to delegate. Sometimes it is through necessity, due to the lack of financial resources, other times it can be because the owner wants to keep control of the company.
There will come a time when you need to explore delegation in order to sustain your business and cater for future growth. To retain the same advantage that you had when the business started off, there will come a time when you, the business owner, will need to identify what you are good at and start to delegate the rest to others.
Learning to delegate tasks to other people can be scary, but it will bring the following benefits to your business:
It expands your capabilities
Getting other people or parties to work on areas which you are not your forte, not only frees up your time, but also makes you think about what you want to achieve from that particular task. It teaches you to identify discrete jobs that need to be done, along with their expected outcome. It encourages you to be more organised in your work and think beyond your own capabilities.
It provides a foundation for growth
Learning to delegate and manage effectively can be very much a ‘trial and error’ for most business owners, but with proper guidance and input you should be able to handle this with success. Mastering the art of delegation provides the foundation on which your business can scale up its products and services and still be able to provide the same, or even better, level of service.
It gives you time
Delegating work which you do not do well, gives you more time to invest time in your specialism and become an expert in that area. By doing so, you provide your company with an edge that your clients will view as a reason to continue doing business with you. Be exceptional in what you do best, and let others do the rest.
“No person will make a great business who wants to do it all himself or get all the credit.”