“Doing everything yourself can stunt the growth of your business for years.” 

One of the most damaging perspectives you can have is believing there’s no one out there who can get the job done. We know that in early stages of your company with limited resources you will get frustrated because things are not getting done to your standards.

Here’s one:

• Employees, Investors and Customers Question Your Leadership. When sophisticated individuals hear “I’m the only one that can do this,” they question your ability to lead the company. At early stages of the business, many people you are interacting with are putting you in one of two buckets:
  • Passionate entrepreneur that can’t ultimately lead the business.
  • Entrepreneur that understands how businesses grow.

When you say, “I’m the only one that can do these things,” people put you in the first category. It is not that they don’t appreciate your passion—it is one of the reasons they want to work with your company. However, these individuals are getting involved with your business because of the potential for growth. When they hear this perspective, investors think, “How are we going to get someone that can run the business going forward?” Employees think, “We won’t grow if he needs to have his hand in everything.” Customers will not see your passion. They will see you as a single point of failure: “What happens if he gets hit by a bus? Does that mean I am left out in the cold?”

There are a bunch more that we cover in our Learning Community!