It’s typical for business owners to feel worn out and overburdened by a huge amount of work in the business. Without the ability to pay yourself, you can end up working every position in the company, from doing service delivery to cleaning the restrooms. This can result in burnout and is a formula for disaster. By giving responsibility to others, you can avoid making the same mistakes again and buy yourself some time.
The first stage is to recognise and list every position in your company, along with their duties. Establish the worth of each position, then assign responsibility beginning with the simplest to fill. Consider hiring a high school kid if they can manage the work, such as a delivery driver, and it will save you an hour or two. Continue climbing the ladder as required, buying yourself time along the way.
It’s crucial to remember that not every firm can afford to hire several staff at once. This is when developing a strategy with a mentor might be helpful.
Once you have bought yourself time, don’t make the mistake of wasting it. Spend that time on activities that will benefit the company, like sales and marketing, to expand your company. As you climb the ladder, repeating this process can help you make judgements about hiring and delegation that are more solid.
Burnout is very real for entrepreneurs and business owners. Keep in mind that it is not sustainable to work every hour and in every position within your organisation. Hire out the lower-valued positions with a focus on repurposing that time for things that will expand your company. Work with an Impact Business Mentor if you’re unsure of where to start. Click HERE to book Complementary Strategy Call
