Business
Today we are talking about Delegating Even More and Accelerate Your Business Success. Delegation for business owners is a must-do for success! When you can hand over your administrative tasks and projects off to an able assistant or employee, you can focus on more important tasks that only you can do to grow your business and increase revenue. The art of delegation is an essential part of establishing a growing business. Why Delegate? There will come a time in your business (for most business owners, this comes sooner rather than later) when you feel overwhelmed. You may find that you have too many tasks to accomplish without enough time to get them done. It is when you come to the realization that delegating the small or low-priority tasks to an assistant would make your life a whole lot easier, that it is time to do it. Delegation allows you to eliminate the low-priority tasks so you can free up time to focus on the high-payoff producing tasks. Clearly, this can allow you to focus on increasing your revenue, and it can also free up time to center your energy towards expanding your business. When your business continues to grow, eventually reaching another plateau, you may find it necessary to hire more assistants or outsource more tasks and activities. Common Tasks to Delegate include activities such as: • Answering Phones/Returning phone calls • Sending/returning emails • Performing research • Bookkeeping • Scheduling appointments • Website design and maintenance • Many aspects of marketing • Writing articles and blogs, etc. Generally speaking, administrative tasks should always be delegated to an assistant. While answering the phone and responding to emails is important, your focus should be on the tasks that directly increase the growth of your business. For instance, your energy should be focused on conducting seminars, creating new products or services, networking, meeting clients and prospects in person, talking to strategic alliances or centers of influence, expanding into new markets, etc. The common tasks that I mentioned earlier should not require your attention. Hire an employee or virtual assistant to take full responsibility for their maintenance. These sample tasks are simple tasks that almost anyone can do, but other tasks that require a specific skill set should also be delegated to experienced professionals. You may have a background in web design, and be capable of completing the task, but it’s worth it to delegate. A professional website designer will get the job done right, in a timely manner, and make your website look professional while you can focus on growing your client list. Questions to Ask Yourself to Help You with Delegating Even More are: • Does delegating make sense for me to grow my business? • Does my business have the revenue to delegate? If not now, when? • How much time am I spending on tasks that are slowing my growth? • What should I look for in employees/contractors? • How would I feel to not have to do administrative tasks or things that don’t directly relate to generating revenue and growing my business? Big-name businesses didn’t get to the point they are at today by the owners or executives doing everything themselves. They implemented the art of delegation when the time became necessary to take their business to the next level. Delegation for business owners is the ideal way to grow your business without having to take on more responsibility and sacrifice your personal time with your family. The bottom line is that delegation always makes sense. First, look at delegation of tasks to someone as an investment and not an expense. If your current earnings as a business are only covering your business overhead and your personal expenses and not much else, unfortunately, you’re not in the ideal financial situation to delegate tasks. However, sometimes it takes delegating to increase your revenue. Consider the investment in a person or people and