You might be a small business owner, but you’re likely not the only person that the company’s success is dependent on, even if it might feel like it from time to time. Indeed, if you are making yourself that important, the one who makes all the decisions and checks every last detail, then you’re probably not the all-knowing entrepreneur you thought you were. In fact, you might be doing more harm than you realize. For a company to continually successful, it needs to have the right people and systems.
Everything begins with having a strong hiring process. It’s much easier to hire the right person first time round, rather than make a mistake and have to hire another person three or four months down the line. Unfortunately, there is no blanket approach that all companies can take to hiring the right people, simply because all companies are different.
However, doing things like matching skills, experience, and personality to your requirements is a good start. A person can be a genius, but if they don’t match your company culture, then they’d be the wrong person for the job.
Trusting Your Employees
Once you’ve brought employees on board, it’s not just down to them to do their job properly. It’s up to you to give them the freedom and trust for them to work to the best of their ability. This is why it’s important that you hire right: if you’re confident enough to offer a worker a position in your company, you should be confident enough to let them get on with it.
If you’re watching everything they do (micro-managing), they’re unlikely to feel confident about bringing their ideas to the table and you might miss out on important opinions.
Outsourcing the Details
Having the right people in your business isn’t just about your employees. It’s also about the skills you bring on board through outsourcing. Doing this allows you to bring the skills of expert workers to your company, without having to pay for a permanent “expert” member of staff. In particular, you should be outsourcing the jobs that are technically difficult, time-consuming, or imperative to the success of your business.
These can include hiring a financial advisor to handle your financial health; getting IT support by PalmTech to take care of all your technical operations to make sure you never have a moment of downtime; and hiring workers for those repetitive admin tasks, so you can get back to taking care of your essential duties — knowing the basics are being taken care of.
Building the Systems
The ego side of a business leader wants them to be indispensable to their company. While this might, in fact, be the case, you don’t want it to be. Your company will be much healthier if there are systems in place that mean it’s not just about you.
If all aspects of your business are running to their maximum capacity, then you should be able to take a break without the company crumbling. Bring all the right people on board, and your company will be all the more strong for it.