Business Coach Shows Business Owners How To 'Let-Go' Of Their Business – And Let Their Employees Run It
Okay, so you want to move out of the day to day running of the business and you know that you have to let-go of certain jobs to let your employees run your business.
I understand that contemplating this is very scary for most business owners.
Rest assured even for the best business owners, going through this phase can be a little challenging at times yet the rewards of doing it far outweigh not letting go.
I guess youre wondering how you can possibly rely on your staff to run your business the way you want, and expect, it to be run.
Heres the key.
Your staff must be up to it.
And for them to be up-to-it there are a few things that you need to have in place
So lets get into it
Most business owners start their business doing everything yet as the business grows they come to the realization that they cant do everything anymore.
It just isnt possible.
Yet it can be pretty scary handing things over to someone else to do.
Because youve done it so well, you may be thinking what if the person stuffs it up or what if they dont do it as well as you do it?
What will your customers think?
After all, you know all the hard work youve done to grow your business to this point so you definitely dont want anyone to stuff it up now!
This is especially the case if the business isnt making great money. In fact thats probably the most difficult time to let-go.
The thing that bugs most business owners that are in this position is this
You know that to grow youve got to let go, but in letting go youve got to pay someone to do it, and if they stuff it up itll cost you money
And you dont want to lose money. And you dont want your baby, your business to suffer.
Its certainly an emotional time.
And because most business owners tend to be control freaks and it can be hard letting go of the control.
Can you relate to that?
Well heres the great thing
You dont have to let go of the control
Thats right you dont have to let go of the control
You just need to learn new skills that can help you keep control when you have people working with you.
In fact I can show you how to have even more control over your business than you have right now with the new skills and the new systems that I can teach you to put into your business in just a few weeks, or months time depending on your situation you can let go and at the same time gain more control
Is that something that would be of benefit to you?
Well lets talk about it
You see, when you let go to enable someone else to do a job for you youre probably wanting to know a few things.
1. That they can do a great job
2. That they will do a great job
3. That the money youre spending on them will pay off
4. And that theyll continue to do a great job, without you having to continually check up on them.
So to help achieve these 4 things lets go through them.
Now its going to sound really simple. The truth always is simple.
And thats how I get a million or more in growth for the clients I work with
# 1 You want to know that they can do a great job.
To ease your mind on this, make sure you recruit someone with the right skills and test them on it so that they are up to your standard. If they aren’t, train them up, or get someone new. Simple the key there is that you must have a great recruitment system Ill talk more about this in an upcoming business growth article.
#2. – That they will do a great job.
If youve followed a top notch recruitment system like the one I teach my clients rest assured your employee will most definitely have the skill set and theyll also exceed another four key criteria that you must take every employee through.
If they you have done that the employ will do what you require.
If they cant you either train them up, or trade them out and get someone new that can do it.
#3. – Youll want to know that the money youre spending on them will pay off.
How will you know and measure this?
Well, once again, a top notch recruitment system is crucial for your employee to be able to breeze through this step. Lets assume youre following my recruitment system.
And youre also following my recommendations on having key performance indicators so that you know exactly what returns youre getting from each employee.
Now for any employee, you can put them on for a trial period. So trial them to make sure youre getting your moneys worth.
If theyre not up to scratch train them up, or trade them for someone new.
#4. – Youll want to know that theyll continue to do a great job, without you having to continually check up on them.
Well, if you follow my recruiting system, my behaviour test method, and set up your business with 3 crucial elements to attract the right people youll be home and hosed.
As well as the 3 key things Ive just mentioned theres one key element that brings all 3 together and if works brilliantly. Yet I reserve that especially for my 1-on-1 clients.
When you combine all 4 you can successfully let go seemingly effortlessly.
Be warned though
Once you find a good person, theyll fly through all your old jobs in just a matter of hours the same jobs that used to take you weeks to do!
If youve ever hired someone good, youll know what I mean.
At this point youll have a new fear which will be.
Can I bring in enough work to keep this person busy?
Well thats what I work with my clients on, growing your business to keep them busy!
Itll force you to grow and if you dont youll lose money.
So its a lot of responsibility.
You need to look at the impact letting go can have on your business.
All of a sudden, if you do it right your business can lunge forward. Or if you do it wrong it can drive you down.
Look at things like the impact of the extra wages youll be paying and work out your weekly, monthly and annual financial’s to calculate your new break evens and how much more you need to bring in so that the business will make a profit on employees working for you.
As well, figure out your marketing to bring in the additional business to coincide with their employment so that the business can be profitable and cash flow positive every step of the way.
Sound daunting?
Well thats fine, thats where I help my clients in my 1-on-1 business coaching program. And thats how they can grow and keep profitable, and cash flow positive.
I have successfully stepped dozens and dozens of business owners through this phase so that they can grow their business.
I go through all the situations that may occur when you let go and we plan and prepare you for it so that if any of the situations arise, are prepared for it, and you deal with it effectively and efficiently.
Thus saving inordinate amounts of time, money and of course any emotional heart ache, and or stress. Youll thank me for this!
You can let go when you have reliable employees.
We look at the impact of it.
The business owners were excited because they now had someone that could reliably do the tasks (and in most cases the new person could do it better) now that they had let go they had more free time so they had to go and grow the business.
When you do let go you have no more excuses- its now up to
y
ou to grow the business which is what you always wanted and that can be daunting
because everyone does it in a fraction of the time now you have to create work to keep them busy and that is scary.
Copyright © 2007 by Casey Gollan. All Rights Reserved.