If you’re a business owner, one title that you will always wear is that of “The Boss.” But what are some of the things that you need to do to be a better boss? We are glad you asked! Here are a few steps you can take to make life on the top better for everyone.
As a boss, it is easy to wear so many hats in your business. You are the head of HR; you’re the sales guy, you’re the one taking care of the midnight emergency. You’re the visionary and the yes man. But when you consider that approach, often you become run down and wore out. You can lose the focus of being a true entrepreneur. Your business suffers when you try to hold on to too much! So if you want to get further in your business, you often need to take a step back.
You need to create processes for these different jobs that you hold. And then, most importantly, you need to delegate. A practice that we recommend is to make a list of what you are doing with your time. Then look at that list and highlight what jobs someone else could do that isn’t you. A rule of thumb that some of our fellow business owners use is that when they find themselves working 80-100 hours a week; they know they need to hire someone. A good hire will do more to grow your business and your bottom line than any other thing.
If you are not delegating, you are endangering the success of your business. When every aspect of your business falls on your shoulders, what happens when you get sick? What happens when you lose your passion? We always recommend that you start this process early in your business years so that you do not build a habit of thinking that your business’ success is all about you.