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Sept. 8, 2022

Practical Tips on How to Delegate Effectively

Practical Tips on How to Delegate Effectively

Why is delegating so important, and how can business owners master the art of effective delegation? Co-hosts Hannah Robinson and Melissa Honan expand on Melissa’s BKX talk - Delegate, Develop, and Grow. They also share insights on why delegation is...

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I Love Bookkeeping

Why is delegating so important, and how can business owners master the art of effective delegation? Co-hosts Hannah Robinson and Melissa Honan expand on Melissa’s BKX talk - Delegate, Develop, and Grow. They also share insights on why delegation is the only way to scale a business and create more time for the business owner.

  • Melissa shares her first experience delegating tasks and letting go of responsibilities - it was chaotic.
  • Delegating is a skill that doesn’t come naturally for most people - Hannah believes business owners should not be too hard on themselves if they struggle to delegate.
  • Melissa explains why the most valuable thing you can do as a business owner is learning how to delegate.
  • For Hannah, delegating frees up more time for the business owner to focus on high-impact tasks and create the perfect work-life balance.
  • Melissa explains why the most challenging transition for business owners is shifting from doing to leading.
  • Hannah and Melissa agree that it’s almost impossible to scale your business if you don’t know how to delegate.
  • Hannah dissects the first step to mastering the art of delegation: knowing when to ask for help.
  • Melissa shares her post-maternal depression story and how hiring a housekeeper made life at home manageable.
  • Hannah expounds on the consequences of business owners believing they can do everything on their own.
  • “Average people trade their time for money. Wealthy people trade money for time.” Melissa is a huge proponent of this quote and aims to get to a place where she can trade money for more time.
  • Hannah highlights that delegation is expensive, but you have to decide which is more precious: time or money.
  • Melissa talks about delegation in the family unit and how parents can lighten their load by getting the kids involved in building a productive home.
  • According to Melissa, it’s not unethical to source cheap labor from workers outside the US - if you cannot afford to pay local talent, it’s okay to hire foreign freelancers from platforms like Upwork.
  • Melissa shares the impact effective delegation has had on her life-work balance.
  • Hannah and Melissa discuss how business owners can overcome the need to micromanage their team members after delegating tasks.

 

 

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