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15 Ways for Speakers to Earn More Profits
There is huge potential to create additional profits from your speeches by partnering with a professional transcriptionist to convert your audio recordings into text transcripts. 1) Speakers and consultants often deliver their presentations via...
Dream The Impossible Dream - Turn Your Ideas Into Reality.
I'm sure you can recall having a sudden inspiration, a brainwave, a "bolt from the blue", a brilliant idea striking you like a light being switched on inside your head. But for some reason you never developed that idea or brought it to fruition....
Grow Your Business and Grow Yourself
Grow Your Business ___________________ A postal clerk in Indianapolis made a discovery about her customers and coworkers – and her own nature. A newspaper editorial charged that her branch had “the rudest clerks in town.” The clerk was angry. ...
How To Survive Your First Year in Business
What's the best way to create a profitable business? A business you really love that makes the kind of money you really want? Planning, planning, and more planning. Before jumping head-long into a new business, you must lay the foundation for...
The Unsung Heroes Of Internet Marketing.
One of the reasons that people fail to earn anything close to a living on the Internet is that they fail to take the time to learn how to do it!
This may sound crazy, but it's true. People want results yesterday, not tomorrow, not a few...
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Delegate, Don't Abdicate
One of the key skills for the leaders of growing businesses is to 'get' the distinction between delegation and abdication.
Many managers and business leaders fall into one of two extreme categories:
They delegate too little and try to do it all themselves or they give too much away, abdicating both their responsibilities and the prerogatives of power.
As their businesses grow, many entrepreneurs try to micro-manage. We've all heard the term, but too often we fail to recognize the symptoms until it's too late. For entrepreneurs, the sense that this is 'my company' or the belief that 'if I want it done right I have to do it myself' causes them to hold on too tightly and limit their results.
At the opposite end are managers who 'hire someone to do that' and abdicate their role as supervisor and leader. One of the first employees many entrepreneurs hire is a bookkeeper. As entrepreneurs, they want to focus on building the
business and recognize that their time is not well used on the details of bookkeeping. So, they hire someone and never think about it again.
Big mistake! Every month or so, the newspapers carry a story about someone embezzling from a small company. Too often, unsupervised and unsupported, the bookkeeper simply took advantage of an opportunity the owner created.
Effective managers’ delegate, but they also know that 'what gets measured, gets done'. They monitor and train, they supervise and support their people. You can't do it all yourself and simply turning the job over to someone else and abdicating your role as manager is not the answer.
About the Author
Gordon Goh is author of the free, informative website content of Motivation | Inspiration Tips offering quality useful tips for Motivation
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