If you’re looking to move from being the operator of your business to the owner, you’re in the right place. Today, we’re diving into a recent episode of the Business Owner Breakthrough Podcast. Listen to the full episode here.
The Struggle is Real
We had Krista Fairchild on the show, a second-generation owner of Energy Arts Dance in Ohio. She’s doing well but is stuck making every decision in her business. Sound familiar? Krista wants to empower her employees to step up.
The Next-Gen Dilemma
Many of you are taking over businesses from the previous generation. But here’s the thing: you don’t have to run the business the same way they did. The world has changed, and so have you. Embrace it.
Time is of the Essence
You’ve got tools to save time, but are you using that time wisely? If you’re like Krista, you’re probably reallocating it into more tasks. Stop. It’s time to delegate.
The Accountability Question
Ask your team, “If I wasn’t here, what would you do?” Wait for their answer. If they know your business promise, they’ll have the answer. The key is to give them the authority to make decisions.
The Process and Trust
Before you delegate, make sure you have a solid process in place. Trust isn’t just about people; it’s about the process too. Once you trust the process, you can start to release control.
Small Steps, Big Impact
Don’t try to offload a massive task right away. Start small. Krista decided to delegate the monthly curriculum and themes for her preschool program. It’s a small step but a significant one.
The Time to Act is Now
Don’t wait for the “right time” to start delegating. The right time is now. Krista committed to taking action this season. What about you?
Identify your low-hanging fruit. What can you delegate now? Then, commit to doing it. Your business, your team, and most importantly, you will benefit.
That’s it for today, folks. If you found this useful, make sure to tune into the Business Owner Breakthrough Podcast for more insights.