Are You Wearing Too Many Hats In Your Business?

A question I get asked a lot, as a small business owner I wear so many hats I don't have time to get things done. This common feeling for most small biz owners.

Here are 6 keys to help you to gain focus to make sure you and your business are getting the most important tasks done.

First, you need to step back and get a birds-eye view of your business, an objective look away from the day-to-day.

1. Determine, out of all the things you do, what do you do that brings the most value to your business. Your goal should be to eventually take everything off your plate and focus on just those areas.

2. Break your business down by function, 4 functions, Marketing, Sales, Operation, Financial. For each function determine the 5 roles or outcomes that each function delivers.

3. Next look at who currently owns that function. If you have employees does someone really own that function? Are they clear on what that means? You need to create how-to SOPs and a checklist for each of these functions. Spell out very specifically what is expected of that role.

5. Determine what functions and roles you really do not like doing or are not good at doing. Begin to systemize the first and then delegate to someone on your team, hire a new person and train on your newly developed system, or outsource. Bookkeeping for example.

6. Now out of your functions you still own schedule out blocks of time (appt w/yourself) of when to work on it. Some of these might have to be after hours at first. These are the ones we delegate first to get your life back.

If any of this rings true to you and want to learn more just reach out and schedule a free strategy session and discover the power of coaching.

Comments

Circle of Success

I'd like to share with you the Circle of Success for Entrepreneurs and Business Owners because you see, at the top of the circle in the diagram is YOU - the business owner, the business leader. You know, when we got into the business we were so excited. We started building up our business and we were selling and we were talking to more people and we were just doing and we were doing and we were doing and doing it… And we just got exhausted, we ran out of time. So what do we have to do? We have to go back and restart hiring employees to pick up the slack and to cover all the things that we just couldn't get to. We were just spending all of our time now in the business. We were dealing with our customers. We are trying to work with our team. We were trying to get them to do things right the first time, trying to get them to be problem solvers without having to come and ask us about every little thing. What was really happening in our business is one really simple word to desc...

5 Keys to Get Your Business Working without You

Business ownership is one of the American Dreams; being able to be in control of your own destiny and have the freedom to choose what you want to do and when. But for many entrepreneurs, that dream has escaped them. They have fallen into the business trap. The dream of freedom has fallen into the daily challenges and frustrations that struggling entrepreneurs face every day. No Cash – You may be selling, but there’s never enough cash to pay the bills at the end of the month. There no cash left over to invest in new technologies or to upgrade equipment or put into your pocket. No Time – You’re not running your business, it is running you. You are spending most of your day solving problems and putting out fires. Instead, you should be planning your company’s next big venture, or just have time to do things you want and spend it with the people you love. No Team – Instead of having a team of professionals that are working together toward a common goal, you have ...

Do You Got A Minute?

Do you ever get frustrated with constant interruptions from your team? How many times a day does someone on your team come and interrupt you with a question like "Hey, do you got a minute?" Probably happens a lot more than you like, right? Let's face it - it's never a minute. It's always four or five plus or however long it takes you to get back to the task once you remember what you were doing in the first place before you got interrupted, right? These little interruptions can end up absorbing our entire day and keeping us from getting done what's most important for you to be focusing on in your business. I'm going to share with you a strategy that will help you eliminate it or at least reduce the amount of time these interruptions are taking, and eventually eliminate these interruptions all together. Take a step back and ask for something when our team comes and interrupt us. They know we're busy. We'll probably ask them not to interrupt us at...

Work Smarter Not Harder and Fast Track Your Business

Search This Blog