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Why every entrepreneur should delegate

You’re worth more than minimum wage. So why are you still running every part of your business when you can hire others and help it grow?

Delegation is crucial to business success

 

Do you avoid one of the biggest steps to success?

 

For many would-be entrepreneurs, delegating is that step. 

 

To succeed your business has to grow. That creates more everyday work which prevents you from giving your time and energy to the big decisions that drive growth. 

 

That doesn’t mean those everyday tasks aren’t important, but if you try to do everything, it slows you down. 

 

It’s a paradox - with more success, you get less productive. 

 

But that doesn’t work. And that’s why delegating is necessary if you want to win. 

 

If you’re nervous about taking that leap in your business, then you’re not alone. Here’s why you need to get over your fears and why it’s important.

 

Leap of faith

 

It’s hard to delegate because you care about your business. You know exactly how that advertisement should look and how customer care should go. 

 

It’s hard to give tasks to others because you want everything to be done right. 

 

Here’s a harsh truth. You can’t do everything. And a lot of people are better than you at the tasks you need for your business.

 

Of course, delegating means freeing up your time and energy so they don’t get wasted on everyday tasks. 

 

But it’s more than that. 

 

Delegating means finding people who are talented enough to do those tasks better than you.

 

When you build a team all those aspects of your business that you want done just right will get done even better.

 

Show me the money

 

A big objection is obvious. Delegating means money. (Forgive the old movie reference). 

 

Hiring people costs money. But if you’re reading this then you already know that it takes money to make money. 

 

And I won’t apologize for using a cliche, because every entrepreneur knows that you need to hire if you want to grow your business.

 

This Gallup study of the top CEOs from the Inc. 500 list found that a key difference in their revenue was the ability to delegate. Specifically, CEOs with a high ability to delegate generated 33% more revenue than those with a low ability to delegate.

 

Hiring costs money, but you’ll make much more money in the long run.

 

Why it works (1,2,3)

 

1 - More efficient

 

This is obvious. Hire people for customer service. Marketing. Logistics. All those important tasks that you need to run smoothly so you can focus your energy on executive decisions. 

 

More people means you can do more. You have more free time to create. And it removes a bunch of anxiety from your life. 

 

2 - Turn pride into team ownership

 

That desire to do everything just right is the big reason that prevents people from this step. And that doesn’t have to do anything with money or anything “practical.” 

 

It’s just that thing where…your business represents you, so you want everything to be perfect. From the marketing that everybody sees to that random product invoice only a few people lay their eyes on.

 

It’s your baby. Those details matter to you.

 

Here’s the thing. And this may seem a little woo-woo, but it’s key to why delegating works, so I need to stress it here.

 

Turn that enthusiasm and love for your business into ownership for your team.

 

Nobody wants to do boring grunt work. Everybody wants to do something that matters. 

 

When your team knows that every aspect of your business matters and requires talent, then that creates ownership.

 

And creating ownership is how you successfully delegate.

 

3 - Communication creates value for you

 

And if you want to create ownership with your team, then you have to communicate clearly what it is that you want. 

 

Communication is a benefit you get from delegating to others.

 

Here’s why.

 

You never really understand something until you try to explain it to someone else. 

 

The way you want things done may make sense in your head, but you have to put that into words to get others on board. And when you put ideas into words, that makes it more clear, even to you.

 

Doesn’t seem like such a big deal, does it?

 

But think about every successful company you know. What’s behind it? 

 

A clear idea. 

 

Wal-Mart provides value. Google provides access to information. Nike inspires athletes. And so on. 

 

Successful brands communicate clearly what they’re about.

 

And what’s behind companies that fail? They don’t know what their goal is. And lack of clarity creates inefficiency.

 

What do you want?

 

Most businesses don’t succeed. To make yours succeed, start harnessing the power of delegation now.

 

The decision to delegate tasks and grow to scale is the make-it-or-break-it point for your business

 

And when you want to increase productivity in more areas of your life, I can help. I’ll give you a strategy for creating lasting habits where it matters to you. Professional. Financial. Personal.


Work with Anthony and hit the rocket fuel 🚀button on your success!

Click below to schedule your free strategy call and apply for 1:1 coaching:

http://anthonyserino.as.me/free

 

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