Why Entrepreneurs Must Learn to Delegate: Balancing Vision and
Efficiency in Growing Businesses

Gaurav Agarwal

Talks about #cxohiring, #franchise, #cofounders, #networking, and #entrepreneurship


It's natural for an entrepreneur to want to do everything themselves. After all, you're the one who had the vision, drive, and passion to start your own business. However, as your company grows, you will quickly realise that you cannot do everything on your own. Certain tasks are better left to others, whether you run a small online store or a large manufacturing company.

One of the main reasons entrepreneurs struggle with delegating tasks is a lack of trust in others to do the job as well as they can. They believe that in order to get something done properly, they must do it themselves. This mindset, however, is not only unrealistic, but also counter-productive. When you try to do everything yourself, you spread yourself too thin and don't give yourself enough time and energy to focus on the most important tasks.

Another reason entrepreneurs struggle with delegation is a lack of knowledge about how to find the right people to assist them. Many business owners believe that traditional hiring methods, such as job postings and resumes, are the only way to find good employees. However, there are other ways to find the right people for your company. You can, for example, look for interns, freelancers, or contract workers to assist with specific tasks. Alternatively, you could consider contracting out specific tasks, such as accounting or marketing, to specialised firms.

One of the most important things to remember about delegation is that it is not about relinquishing control, but rather about sharing the workload. You give others the opportunity to learn new skills and grow as individuals by delegating tasks to them. Giving them more responsibilities also gives them more ownership and buy-in in the company's success.

Communication is the key to successful delegation. It is critical to clearly explain the task at hand, the desired outcome, and the completion deadline. And, once the task has been delegated, it is critical to provide ongoing support and feedback to ensure that it is completed to your satisfaction.

Another important factor to consider is hiring an expert in their respective field; this will help to increase your company's efficiency and productivity. Experts in their field will be able to handle tasks that you may not be able to handle, allowing your business to grow.

Finally, as a business owner, you cannot perform every business activity on your own.   By delegating tasks to others, you not only share the workload, but you also provide opportunities for others to know and understand new skills and develop as individuals. Giving them more responsibilities also gives them more ownership and invest in the company's success. Remember that communication and finding the right people for the job are the keys to successful delegation. Trusting and relying on a team will assist your company in growing and reaching its full potential.


Originally published Jan 10, 2023

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