Even the most dedicated individuals can’t do it all themselves. Either they spend way too many hours at the office, at the expense of their home life, or they wear themselves ragged multitasking. At some point, they find that they must hire out work.
Admittedly, a business owner has to be involved in the decisions of their business. Pure and simple, if you don’t keep an eye on what’s happening with your business, you will lose it. However, there is a fine line between “keeping an eye” on your business and micromanaging.
Strange as it may seem, micromanaging works against you. You’re spending time to teach someone something that they already know how to do; time that could be spent on improving your product or service. Micromanagement stifles their creativity which costs you in the long run. What if they did the job in a little different order than you would like, but the end result was a better product?
Delegation, however, is always in the best interest of your company. This is because when you do too much, you make mistakes which cost in the long run. With the reduction in your workload, you can concentrate your energies on what is important to you.
Trust me, the upfront effort in delegating your workload will be time well spent.