We’ve all been there. You’re feeling overburdened, overworked, and stressed. You feel like you’re the only one who can get the job done. There’s too much to do, and essential work isn’t being completed or is late – and clients are noticing. Your business has become backlogged and unproductive.
Fortunately, there’s a simple solution. It’s time to get out of your own way and delegate your way back to productivity.
It’s no secret that the most successful business people do NOT do everything themselves. They delegate responsibilities to their team. It’s how Elon Musk and Richard Branson built multiple successful companies.
The numbers don’t lie. Research from business strategists Myrna Associates shows productivity increases well beyond the 25-33% average in organizations that require management to delegate. Strategic delegation is an essential skill for increasing productivity.
Here’s 3 easy ways to be more productive by delegating
1.Remember the 80/20 Rule
The 80/20 rule states that 20 percent of your activities will account for 80 percent of your results. In other words, concentrate your efforts on the 20% of activities that matter most to your business, then delegate the rest.
2.Learn to Let Go
“If you want something done right, do it yourself” is WRONG. When you become the bottleneck that prevents projects from going forward, it costs your business time and money. By letting go and delegating, you free yourself up to do what’s important and empower others to do the work they specialize in.
3.How to Decide What to Delegate
Create a simple organizational chart, put yourself at the top, and then fill in all the other roles your business needs. Put your name to almost every role, then delegate and hire strategically. The object is to fire yourself from almost all of these roles, so you can enjoy life while having an efficiently-run business.
Delegating is a winning strategy. It reduces your personal workload, optimizes the tasks your team are performing, and allows you to focus on the most important tasks related to your business. You’ll greatly increase productivity, leading to more growth and success – no matter what size business you have.
If you don’t have anyone to delegate to, consider a Virtual Assistant. Having a VA increases productivity, helps all areas of your business, and generates more revenue. Buying Time can help grow your business with the services of a reliable VA. To learn more, get a free consultation with us today.