“Letting go goes a long way.” 

One of the most damaging perspectives you can have as a leader is believing there’s no one out there who can get the job done. Here are the negative implications of that mindset:

• You Undermine Your Ability to Engage Employees. Senior employees will question whether your management style will give them the authority and accountability to execute, or will they be micromanaged instead. Senior employees don’t want to work in a company that looks like a “solar system”—where you are the sun and everything revolves around you. They want to join a team with a chain of command that allows them to naturally execute in their area of expertise.
• Your Productivity Suffers. Junior employees will become less productive as they wait for you to weigh in. When you do weigh in, you will likely change what has been done. While an edit may be in order, returning their work with 99 percent of the content in your pen, is discouraging and invalidates both the employee and the mentorship process. If you don’t allow them to make mistakes and learn, they will never grow and improve.
• Your Business Will Have Significant Risk.  What would happen to your employees if you got hit by a bus? What would happen to the money your family invested? What would happen to your investors? Would your customers continue to do business with your company? When everything revolves around you, you create risk for your constituents that they must weigh when doing business with your company. Would customers purchase an Apple product if they thought that when the world tragically lost Steve Jobs their products would no longer work?

When you do too much, you are setting your company up for failure.