World-class CEOs Work on (NOT in) the Business
“Every minute that you spend working on tasks that can be delegated is a minute that you are not planning, strategizing and building the best business possible.”
Working ON your business is about:
- Knowing when to get out of your own way.
- Not being the hero; a team moves a company forward not a CEO.
- Knowing that you don’t have all the answers. Stop micromanaging. Stop trying to control everything.
- A willingness to build a team and hire talent that knows more than you (takes humility).
- Playing to your strengths. Do you know your strengths? Brandon Miller does…
- Delegating big responsibilities to the talent you hire. Stop doing. Start empowering.
- Stepping back from the day-to-day minutiae and into the BIG PICTURE (see visual below).
- Finding innovative ways to scale your business for profitable growth.
- Knowing your 3-5 most critical KPIs not a gazillion metrics.
- Spotting problems and delegating the “work out” or solution.
- Finding the whitespace to set goals and think about the future.
- Owning the vision, strategy, culture, and team-building.
- Making sure that the right resources (people and money) show up at the right time.
- Realizing you didn’t hire employees–these are the people that will make your vision a reality.
- Building an empire unless you prefer the lifestyle business.