What Position Is Business Owner, Anyway?

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When you run a business, you start by wearing a lot of hats. As your business grows, it only makes sense to focus on your positions that bring the most to the business. This means delegating less valuable positions to other employees, or hiring out.

Watch this short video to find out how to start moving away from the doldrums of those less valuable positions.

Action Steps:

  1. Create an organization chart showing ALL of the positions your business needs to operate.
  2. Mark ALL of the positions YOU currently occupy on your organization chart.
  3. Pick your Top 2 positions, based on what you’re best at, your passion, or the value you add to those positions.
  4. Pick your Bottom 1 and make a plan to delegate the responsibilities of that position to another employee – or hire out.

Principles:

  1. Your MVP is your most valuable position. It’s the position you will occupy as owner, once you’ve hired people to occupy the other, less valuable positions.
  2. An organization chart is important because it gives you a visual reference of how many people your business needs to operate.
  3. Moving out of less valuable positions and into more valuable positions is a sign of a growing business. Congratulations!

Does your organization lack organization? Dave’s practical approach can rebuild your business from disarray and focused on getting results. Download Dave’s newest book, The Result: A Practical, Proven Formula for Getting What You Want..
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