Take a second (I know you don’t have one, but I promise it will be worth your time) to remember how you thought your life would be as a business owner. You’d wake up at 5 AM to work out, meditate, and plan the day ahead. You would have breakfast then start working with fierce passion. You would see yourself taking long walks to brainstorm ideas, playing tennis during lunch or snoozing until the late hours of the morning because you’re the boss and you can do what you want.
In reality, you can’t remember when you last had a decent meal, army soldiers take longer showers than you and you’re sleep-deprived. Your business is sucking the life out of you.
Starting a company isn’t for the faint of heart. It requires stamina, dedication, and passion. But, sometimes, your ambition may become your enemy and sabotage your success.
Here’s how to tell if your business is running you instead of the other way around.
“My Business Will Crumble Without Me!”
If I had a dollar for every time a client complained to me about how their business would stop functioning without them, I would probably be a millionaire. If that was true, then you need to examine your team carefully and take appropriate measures. Otherwise, your business should run on autopilot with minimum input on your side.
The truth is that you’re probably overprotective and overcautious. And, understandably so. Your business is your baby and you feel like you are the only one who can do things right. But, you’re not. There are others more qualified than you that can take care of your marketing, content creation, web design, and accounting. You should let them and focus on growing your business, not spread yourself thin in a million different directions.
You’re Thinking That You Are Saving Money
When you are running on a tight budget, you may think that doing certain tasks by yourself will save you a few bucks. But, ask yourself this ….. how much is a week of stress and sleepless nights trying to build your company’s website worth? Maybe you could have used that time doing something that you are truly good at and instead grow your business.
Know your limitations and outsource. Take advantage of the gig economy and hire freelancers to help you where your skills are lacking.
You Have To Oversee Your Team Every Step Of The Way
It may be because you are micromanaging or not giving your team enough instructions. But, if your staff has to run every decision by you, then your business isn’t running efficiently.
How To Take Charge
Recognizing the signs and admitting that something has to change about the way you run your business is often a good start. That’s why top business owners always work with mentors or coaches. It’s easy to get yourself so caught up in the daily tasks that eventually your business starts running you.
If you feel like you grind and grind without any real results to show you may need a different perspective.