As business owners, there are numerous tasks demanding your time
and attention. Hopefully you've got a great team to help you
manage the workload. However, it can be hard for business owners to
let go and share the responsibility with anyone else. When you
first established your business, chances are, you did everything
yourself. Your client roster may have been slim, and capital was
lean, so you were the boss and staff.
Now that you've been successful in building your
organization, you can take a step back. Maybe even
take a vacation day or two. This means handing off some of the
responsibilities of running your business to your loyal and
talented employees. How do you know when it's appropriate to do
so? One strategy is to follow the 70% rule: if your employee is
capable of doing the work 70% as well as you can, go ahead and
delegate that task. You may be a bit of a perfectionist when it
comes to the running of your business, and the 70% rule might make
you
