Do you have an article that elaborates more on “ 10% ‘doing’, 40% ‘managing’, and 50% ‘building’”. In particularly I’m trying to better understand what the 50% building looks means/looks like
Loved this - how do you make sure you’re letting go of the appropriate tasks when you’re in a small team/start up environment? I’m trying to work ON the business more rather than IN it but as a bootstrapped business it’s tricky!
Hey! Great Q - Been there before and you're right - In reality in the early stages we're never going to be fully out of the day to day. But it is absolutely the BEST time to start getting yourself removed to make sure your business is built as a scalable asset that isn't reliant too much on you.
Here's how I went about it...
Figure out and write down:
1) Your strengths (your strengths are not what you're good at, they are what strengthens you, so find the things that make you feel full of love and energy at the end of the day)
2) Where your time is spent most valuably as an addition to the business - Where can you add the most value (bring in new customers or sell more to existing ones)
3) Every single thing you're spending your time doing that isn't the 2 things above. Write a big list, all the meetings you're part of, emails you look after, systems you run, clients you talk to. Everything.
Then work on delegating all the 3's, but keep hold of and keep focussed 1 & 2.
I did this when we got to a team of about 5 people, and for me 1 & 2 was HR, marketing and finance, so I held onto running our socials and campaigns, building out recruitment contracts, interviewing etc, and worked closely with our accountant to make sure were spending/making money in the right places. I couldn't fully remove myself because our team wasn't big enough to do that, but I could still make sure I was spending my time in the absolute best possible way.
My 3's were product, client interaction and anything that needed lots of attention to detail, so I made sure to move those things away from me, fast, and over to people that were way better than I was.
Love that that’s SO helpful thank you. Totally agree with it being the best time to be out of the picture too - looking forward to doing that exercise now! Thank you
Do you have an article that elaborates more on “ 10% ‘doing’, 40% ‘managing’, and 50% ‘building’”. In particularly I’m trying to better understand what the 50% building looks means/looks like
Hey! Yes, so if you jump into this post here: https://www.inthemakingleadership.com/p/what-do-great-managers-actually-do?utm_source=publication-search
All these things are what we'd consider make up the 'building' part
Loved this - how do you make sure you’re letting go of the appropriate tasks when you’re in a small team/start up environment? I’m trying to work ON the business more rather than IN it but as a bootstrapped business it’s tricky!
Hey! Great Q - Been there before and you're right - In reality in the early stages we're never going to be fully out of the day to day. But it is absolutely the BEST time to start getting yourself removed to make sure your business is built as a scalable asset that isn't reliant too much on you.
Here's how I went about it...
Figure out and write down:
1) Your strengths (your strengths are not what you're good at, they are what strengthens you, so find the things that make you feel full of love and energy at the end of the day)
2) Where your time is spent most valuably as an addition to the business - Where can you add the most value (bring in new customers or sell more to existing ones)
3) Every single thing you're spending your time doing that isn't the 2 things above. Write a big list, all the meetings you're part of, emails you look after, systems you run, clients you talk to. Everything.
Then work on delegating all the 3's, but keep hold of and keep focussed 1 & 2.
I did this when we got to a team of about 5 people, and for me 1 & 2 was HR, marketing and finance, so I held onto running our socials and campaigns, building out recruitment contracts, interviewing etc, and worked closely with our accountant to make sure were spending/making money in the right places. I couldn't fully remove myself because our team wasn't big enough to do that, but I could still make sure I was spending my time in the absolute best possible way.
My 3's were product, client interaction and anything that needed lots of attention to detail, so I made sure to move those things away from me, fast, and over to people that were way better than I was.
Love that that’s SO helpful thank you. Totally agree with it being the best time to be out of the picture too - looking forward to doing that exercise now! Thank you