Often times, founders pull out all the stops to ensure their business is running smoothly — especially in the early stages of their business. They do it all. If there is even a tiny problem they'll come to the rescue. They're the hero.
If that sounds like you, you might be in trouble…
Because no single person can be all things at all times for a business. If you try to be, you'll be stunting the growth of your company.
Instead — if you really want to scale — you need to gather support, build a team, and free yourself to concentrate on long term strategy.
And since we all need help taking a step back…
I'd like to share an excerpt from an Entrepreneur.com article that includes a grid to help you prioritize your activities to help keep you on track…
Dwight Eisenhower once said, “What is important is seldom urgent, and what is urgent is seldom important.”
As a founder, your job is to design a long-term sustainable vision for your organization. It is not to be everyone’s hero or firefighter, nor is it to build a culture of firefighters. Ask yourself: What percentage of my time is spent on urgent execution versus strategizing for the future? Is it possible that without my intervention, managers and employees would come to sound conclusions? What processes allow me to solve less but still remain informed?
If you’re too busy to see that your constant intervention is a poor use of your time, then you’re not building a scalable company. Your employees and investors are counting on you to facilitate growth.
One way to protect your time is to think about your to-do list in terms of the Eisenhower Decision Matrix:
Urgent & Important: Do Immediately
- Finalize first hire in sales
- Stakeholder reporting
Not Urgent & Important: Carve Out Time
- Strategic planning
- Core messaging
Urgent & Not Important: Delegate
- Scheduling meetings
- Setting up the wireless
Not Urgent, Not Important: Stop
- Unsubscribe from newsletters
- Folding the t-shirts
Read more at: www.entrepreneur.com
Do you have a new business and need to get some quick momentum? Or maybe you've been around for awhile and are ready to scale up? This is what you need to do…
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