The Entrepreneurs Dream: Own A Business That Works For You
One of the biggest misconceptions every wannabe entrepreneur shares is this: starting your own business will see you get to work less. That’s dream right. You get to be free of the office. You start a business that will let your bank balance grow while you sip Moscow Mules from a copper mug while sunning yourself on a white sand beach.
The reality, however, is quite different and that is because most entrepreneurs end up working harder than they ever did while employed. Not only that but, more often than not, entrepreneurs end up working for their business instead of their business working for them.
That brings us to the one question every entrepreneur should be asking themselves: “how can I get my business to work without me?”
With that in mind, we have pulled together a list of top tips to help you create a business that works for you, not the other way around:
- Let Them Do Their Jobs
When you hired people, you probably put them through a pretty rigorous interview process before picking the candidate that impressed you; the one you believed would give your business the best chance of growing. So stop hovering over them and starting letting them do the job you hired them to do. Give them the responsibility they crave because this will empower them like nothing else. Trust them to do the job you hired them to do in the first place.
- Specialists Save The Day
Outsourcing is one of the most effective things you can do and that is because you are hiring specialists to do a very specific task better than anyone else. These are people – or companies – that are amazing at working independently and getting the job done without any need for you to oversee their efforts. If you want a freelance blogger that will deliver on time and on point every week, then hire Copper Milk Creative. If you want to improve your IT abilities, then bring Athens Micro on board. If you know how important the front of your office is and you want to keep it looking incredible, then hire a specialist like Joe’s Lawn Care. Yes, you will be relinquishing some control, but isn’t that the point?
- Embrace Their Failures
When you are looking for ways you can let your business work without you, one of the most important things you can do is let things happen independently. More often than not, you will find things getting done in a way that you wouldn’t have done them. This isn’t always a bad thing though. Sometimes your team will find a better way to produce more effective results, and even if they do fail sometimes, you will find you get to coach them in the most valuable way. We all learn from our mistakes. It’s an important life lesson, as is embracing their failures.
- Go On Holiday
You aren’t going to know whether your business can run without you until you walk away from your company and let your team run it. So, go away on holiday. Go for a week, a fortnight, or even a month and, when you return, see what has happened and where you need to improve.