1. It’s easier to do it yourself
If you want something done right, do it yourself, right? Wrong! If you want your business to grow, you can’t possibly do everything yourself. Even if you could, it’s a bad idea. You can’t be the best at everything.
Plus, you’ll lose quality employees if you don’t trust them to do their job and give them increasing responsibility. That implies letting them make mistakes and do things differently than you. “If you don’t give up some control and trust your employees, you become the bottleneck to your company’s growth,” Joncas says.
2. You lack time
One of the main reasons entrepreneurs give for not delegating is a lack of time. The irony, of course, is that delegating can free up enormous amounts of time. But many business owners are so busy keeping the plates spinning, they won’t take time to hand off tasks.
It’s often a symptom of larger problems. “The entrepreneur who doesn’t have enough time ends up doing jobs badly,” Joncas says.
What to do? Write down all your tasks over the course of two weeks, along with how much time you spend on them. Entrepreneurs who do this often discover they spend surprising amounts of time on work that someone else in their team could do. Try delegating some of it, and shift your focus to tasks that only you can do and which bring the greatest benefit to your company.
3. You lack money
Many business owners complain they don’t have money to hire someone to take on a portion of their work. But investing the money to hire help usually brings a solid return on your investment, Joncas says. “It’s very profitable for your business if you can delegate work others can do. You get a better quality of life, more sales and more money to pay for an assistant or manager to help you.”
4. You don’t know how
Some entrepreneurs would like to delegate, but aren’t sure how to parcel out tasks to someone else. The key is to start slowly with some of the most routine work you identified in your task analysis above.
Then, think about your team, and identify someone reliable who could take those on—one at a time, if needed. Or hire someone, even if it’s only part-time or as a contractor. Now move on to more complex tasks. Take baby steps.