Delegate
Hello everyone,
I hope all is well and I hope you are making a little progress each day and becoming what you always wish to be. In todays post we will talk about getting things done from the beginning to the part where you go into the scale mode for your business (or stuff that can take your valuable time), so let's get into it!
If you ever stared business or are planning to (I hope you are) you know that at the beginning you will most probably do all the things alone. That means from basic errands, to physical work on your office, inventory, to doing marketing, sales and what not. Either you like it or not, but that's just how it is in the beginning for the majority.
As you progress further in your business ventures, it will become impossible to do it all by yourself, and naturally you will need to hire someone to do some stuff. It is really scary, I know, that's the point where a lot of people start to realize that what they have going on for some time is a real actual business, not just some hobby of theirs.
How your business grows you will need more and more people, it is not a bad thing, it's actually a pretty good sign that you are doing something right. That's how real winners are made. That's the way it should be. Now. What I want to emphasize are two opposites a lot of people do that can mess things up.
First one is… Over-hiring people.
We have amazing technology today which can help you scale your business to the numbers for which few decades ago you would need at least 10 people. It's reality. And you should be happy about that. The problem is, some people think that how big their team is in direct correlation to success of their company. This is old way of thinking. It could be looked at that way before. But today it is not true anymore. Technology provides you with huge leverage. Use that. Today real flex is having as little people as possible on your team and doing big numbers, so be careful with that kind of thinking, because it can take you in the wrong direction.
Second thing is… Doing it all by yourself when you shouldn't anymore.
I think this one is more common and more 'deadly' than the first one. Especially if you grew up in the family where philosophy was 'If you can do it yourself, you should always do it by yourself to save money' which can be good if you have a lot of free time and no money, but scaling business like that will simply, well, it won't work. You will stay small. If that's what you're comfortable than great, but don't expect much from the growth side. At that point you don't run 'real' business, you are just self-employed. Remove yourself from the equation and there is no business. Key man risk and all that stuff. So that is another thing you should take care off. Just don't be afraid to delegate the work to other people, even outside your business. That's the way thing grow.
And by that we came to the word of the day which is… drum roll please….
Delegate
That's such a nice word, ain't it?
Below is simple visual to help you see what you should do with the tasks you have.
If you want to read or listen more on this topic naval has amazing tweets on this topic so check his account on twitter/X app.
And that's all for today. I hope you like this format/content and if you have some good or bad words feel free to reach out. I'm always happy to chat about this stuff.
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