If your company falls apart when you take a vacation, you don’t own a business. The business owns you. Hustle matters early, when you’re wearing every hat. But as you grow, your role has to change, and a lot of owners get addicted to being needed. They want a hand in every decision. Here’s the fix: write down everything you do for a week, then look at what could be delegated or turned into a process. Free yourself, or stay trapped.
@officialchadpetermanTranscript
If your company falls apart when you take a vacation, you don't own a business, the business owns you. Don't get me wrong. Hustle is extremely important, especially when your first getting started. You're doing everything, wearing a million hats, you do what needs to be done in order for the company to continue to grow. However, as the business grows, your role will change. I see a lot of owners addicted to being needed. They want their hand in every single decision, every single new process procedure that rolls out. What we see is, ultimately, you can only do so much. We all have the same 24 hours in a day. So, the more important question is, how are we utilizing the hours that we have? Are we building process and procedure? Are we finding great people to add to our team? What I want you to do is for the next week, write down everything you do. Then, take a look and see what could be delegated. What could be fixed with a process or a procedure so that you don't always have to do it so that you can focus on the things that you need to be focused on to continue to grow your company.
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