Entrepreneurs should embrace the delegation
Many small business owners feel the need to take care of everything themselves. A separate activity is a precious possession, and it is not rare to want to engage in all tasks, thinking that no one else will do them as you would.
If you run your own business, your number one responsibility is to steer the wheel in the right direction so you can achieve your goals and continue to grow. But if you spread yourself too thin, by acting as a salesman, a social media manager, a marketing consultant, and a million other things, you will have a much harder time getting where you want to go and maybe compromising your business.
Promoting Work Balance
Being dedicated to your business is a good thing, but not when you sit in a position where you are in your head. Having more than what you can handle doesn't make any good. There must be a balance and the delegation will help you get closer to it.
Preventing Decision Fatigue
When you also have many tasks that require your attention, your ability to make decisions may be impaired, which will not allow you to see things clearly. If you constantly postpone decisions, until you absolutely have to be frustrated when you have to make decisions or act impulsively instead of thinking through things, it is a sign of decision fatigue.
Did you know that a CEO who actively delegates assignments can generate up to 33% more revenue than one who avoids delegation? When you start delegating tasks, you will find that you have more time to devote yourself to things that can be of great importance to your business.
It's about having a good team that has your back
For a delegation focus to give the desired results, it is important to have the right team on your side. Take the time to analyze and understand the skills you need in your team so you can recruit the best people to take care of these tasks. Outsourcing specific tasks can also be an option that you may want to consider.
If you are just about to open your own independent insurance agency or already run one, know that delegation is ok and encouraged so you can make room for the things that really require your attention and drive your business the right direction.