Are you one of those entrepreneurs that hardly delegate? Do you always feel like doing everything by yourself in your enterprise? Do you somehow feel your subordinates will just mess things up hence you need to handle them yourself? If your answer is yes to these then you could be missing out on so many good things. Whatever the size and level of your enterprise you will find that delegation is extremely valuable. When you develop the habit of assigning duties, roles and responsibilities to your subordinates, while monitoring through feedback, your enterprise can gain a lot. Don’t you think so? But how can you and your enterprise gain from delegation?
Sometimes you come across entrepreneurs who hold things too tightly – thinking that they can achieve much with that approach. Unfortunately, research indicates otherwise. Delegate – and you can be free to enjoy your holidays while people are working for you. How can you for example, oversee several enterprises operating across several geographical locations, without delegation? How can you keep your sanity without delegation?
In conclusion, rule number one is this: delegate as much as you can and as early as you can. Rule number two is this: in case of doubt refer to rule number one. But don’t forget to be wise as you delegate. Make use of the power of choice. Choose to delegate. Period.
Till then,
The Wise Entrepreneur