Reduce Control

For Entrepreneurs managing their level of “control” is crucial in growing their businesses.

When Entrepreneurs start their businesses, they feel like they need to have total control over everything that goes on in their organization. All decisions are made by them and nothing can be done without their say so. That is too much control.

However, as the business grows, Entrepreneurs are forced to give up some control and delegate tasks to others. They still want to know what happened. When successful, Entrepreneurs should transfer responsibilities to a secondary level of leadership. In that stage they cannot keep track of all details.

At every stage of the growth of the company, Entrepreneurs reduce their sphere of direct control. This is very difficult for most Entrepreneurs, especially if it is their first business venture.

Building a strong secondary leadership team, guiding and mentoring the team, and periodically monitoring their accomplishments towards specific objectives and the overall Mission will reduce the anxiety of Entrepreneurs. If  Entrepreneurs cannot learn to reduce their sphere of control, it will create stress that might be detrimental.

When things fall outside your sphere of direct control (to lower levels of the organization), resist the temptation to wrest such control or stress about it. Focus on the bigger picture.

Ravi Patel

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Published in: on November 6, 2018 at 4:39 am  Leave a Comment  
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