5 Critical Things Entrepreneurs Must Understand about Delegation to be Successful By Susan Gunelius

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If you have dreams of building a wildly successful business that brings in millions of dollars per year, it’s unlikely that you’ll be able to do it alone. You can only grow so much by yourself, and no, it’s not because you’re not capable. It’s because there simply aren’t enough hours in the day. Work-life balance is hard enough (if not impossible) for entrepreneurs to achieve without trying to do it all without any help!

While it’s true that you’ll never work as many hours per week as you do when you’re an entrepreneur, it’s also true that you have to sleep and you have to have some time to do non-business-related things each day. Something has to give, and for most entrepreneurs, that “give” has to come by giving up some control. In other words, to achieve maximum success as an entrepreneur, you need to learn how to delegate.

“Delegate” is Not a Bad Word

I know – “delegate” is a really hard word for most entrepreneurs to embrace. I’m just as guilty as the next entrepreneur when it comes to being unable to delegate. I’m only 100% confident when I’m doing everything myself. Guess what? For some entrepreneurs, that’s absolutely okay. If you’re happy with the level of business growth you can achieve while doing everything yourself, then by all means, stick to what’s working for you. What matters the most is that you’re happy. It doesn’t matter what anyone else tells you to do.

However, if you have big dreams, you need to delegate. There is simply no way around it. While many entrepreneurs (perhaps even you) understand the importance of delegating, they still can’t do it. If you’re not a natural delegator, if delegating is very uncomfortable for you, or if delegating increases your anxiety level to such a height that you can’t think straight, you must consider the opportunity loss if you don’t pass some tasks on to other people.

 

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Entrepreneurs Shouldn’t Be Distracted by Low Hanging Fruit

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What’s most important to you as an entrepreneur? Are you trying to make a quick buck or are you trying to build a sustainable income stream? Do you want to have to keep hustling to make your next dollar or do you want to develop organic growth for your business?

 

Most people would pick the latter option for each of the questions above. In simplest terms, most entrepreneurs pursue dreams to build successful businesses and as a result, build wealth. Of course, different people have different views of success and wealth. Both are very subjective, but what most entrepreneurs would agree to is that they want to be in business for the long-term.

 

Does that describe you? Do you want to be in business for the long-term? If it’s true that most entrepreneurs are building for the long-haul, then why do so many continue to invest time and money into pursuing the “low-hanging fruit” rather than putting those efforts into strategies and tactics that build long-term, organic, sustainable growth?

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