How many times have you heard “if you want something done right, then you have to do it yourself”? Although most of us have a deep seeded belief that this is true, often times we could not be more wrong.
It takes effort and judgement to decide what is best to hold on to, and what is best to let go. I challenge you to ask yourself, could you use more time working on your business instead of in it?
A few key things to consider:
- What is the Opportunity Cost?
Could the time you spend on certain tasks be better spent on growing the vision and leadership within your business?
- Are You The Best Person For The Task?
Could you free up time for yourself by simply paying someone to do a better job than you would? You pay experts such as electricians, plumbers, and contractors to help build your business, but feel that other crucial tasks like inventory or evaluating staff performance should be done in house. Whether you like it or not, there will always be someone better then you to complete any given task.
- Have You Created a STOP Doing List?
So many people have daily “To Do” lists, but what if you spent the time to create a STOP doing list. This list should consists of daily, weekly or monthly tasks that you are stuck doing instead of working on your business. Create a list of the tasks that you can easily pass off to someone else in your business, and be willing to let those tasks go.
Time is your most valuable commodity. Do not get caught up in the fear of letting go, but instead free yourself to better serve your customers, your staff, and your business.