1. Avoid Overload
If you take on too much on your own, you’re going to quickly grow tired, and possibly even bitter or regretful that you started this crazy business in the first place. One of the best ways you can be an effective leader for your organization is to delegate effectively, and delegation is a critical skill that is more involved than most people realize. You should be able to take a day off without the company burning down.
One of the biggest indicators you’re overloaded is that you feel like you can’t step away from work, or something will come crashing down around you. Some people are perfectionists and need to see things done a specific way, and others simply have trouble relinquishing control. You need to overcome these concepts if you’re guilty of them, otherwise you’ll never learn to trust anyone with your company’s work, and the whole organization will suffer for it.
2. Delegation Builds Teams…
Some business owners fall into the trap of always assuming that things will just get done quickly and correctly if they do it themselves. While you may need to take on the lion’s share of the work in the early days of your company, this mentality will only hurt your company in the long run. If you want your business to grow, you’re eventually not going to be able to handle everything on your own. You must learn to delegate, otherwise everyone who joins your team will simply grow frustrated with you for not trusting them to do their jobs correctly.
…It Will Also Save Your Sanity, and That of Your Employees
Delegation means figuring out where your employees’ strengths lie, capitalizing on them, and then leveraging their skills to the company’s benefit. If you don’t take the time to delegate effectively, they’re never going to learn, and that means your company is going to stagnate. Employees today want to feel connected to their work, so you’re only going to alienate people and drive them away if you can’t allow them to do their jobs without micromanaging.
3. Don’t Outsource Unless You Must
Outsourcing can be a tremendous boon to startups and small businesses. If none of the founding employees have any experience or skill with things like payroll, purchasing, marketing, or IT support, it’s vital to connect with professionals who do. Investing in outsourcing means you won’t need to undertake tasks you can’t accomplish effectively, or assign your employees to attempt the same.
While outsourcing has very clear benefits in the early days of a company, it’s important to only outsource if you have to. If there’s an opportunity to build those skills internally, seize it.