Small Business Tip of the Week: Delegate duties when possible

If you work on your own, there’s only a limited amount that you can do, however hard you work. You can only work so many hours in a day. There are only so many tasks you can complete in these hours. There are only so many people you can help by doing these tasks. And, because the number of people you can help is limited, your success is limited.

One of the most common ways of overcoming this limitation is to learn how to delegate your work to other people. Delegation is a win-win when done appropriately, however that does not mean that you can delegate just anything.

To determine when delegation is most appropriate there are five key questions you need to ask yourself:
• Essentially is this a task that someone else can do, or is it critical that you do it yourself?
• Does the task provide an opportunity to grow and develop another person’s skills?
• Is this a task that will recur in the future?
• Do you have enough time to delegate the job effectively?
• Is this a task that I should delegate?


Previous Post
Personal Finance Tip of the Week: Choose Federal Student Loans over Private Loans
Next Post
Personal Finance Tip of the Week: What is Home Insurance?

No results found.

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.