Friday, August 22, 2008

Letting Go Of Micro-Managerial Impulses

As an entrepreneur you are in the business to make money. If you were independently wealthy, the odds are good that you would be lounging on a beach with a cold drink, a warm breeze in your face, and not a care in the world. Yet since your parents never did sign up for the trust fund option, you are on your own when it comes to making a living and as an entrepreneur you have found the method that most appeals to you: being your own boss. You might have started out small, perhaps from your back bedroom or out of your garage, but eventually success began to smile on you and before long you found that just to keep up with consumer demand you would have to begin either working around the clock or get another pair of hand to help ease the burden and spread around the work that needs to be done in order to be profitable.

While initially your significant other, your kids, or maybe another family member of friend will lend a helping hand after hours or before school, eventually you realize that instead of the catch as catch can attitude this kind of assistance brings with it, you require the kind of assistance that is scheduled, deliberate, hard working, and most of all can be counted on, even if the weather is bad or Uncle Sam came to town. In other words, it is time to place an ad in the help wanted pages of your local paper and look for a qualified individual to share your work load. In the realm of MLM this might simply mean finding another distributor who can become part of your down line and to whom you can funnel some of your extra business, while in the brick and mortar business sense this will refer to a person who will punch a clock and work a set schedule.

Yet becoming the boss is a double edged sword. Those who are break away from the corporate world to go it on their own do not always make good bosses. As a matter of fact, in some cases they make downright lousy managers and supervisors since they come from a business experience that had taught them to not play ball and become the team player but instead rely on their instinct as a maverick to become a mover and shaker. In a very real sense this impedes such an entrepreneur’s abilities to successful manage one of more employees in that it provides fertile ground for the practice of micro managing. After all, you know your business best and because of this reason there is no room for individual approach or process. Letting go of micro-managerial impulses, however, is a first rate requirement if you want to see your business flourish and your profitability grow by leaps and bound.

Remember that only by showing your employees trust in their integrity and ability to do the job for which they were hired that they truly will perform to the full extent of their abilities. Anything less will not only insult their intelligence but sadly also stifle any sense of ownership the individual employee will take of a business aspect. While trust must be earned, it also needs to be freely given unless and until there is a reason to doubt. Do not presume your employee to be lazy because her or his approach does not match the frantic hustle and bustle that characterizes your work day. Instead accept that as long as the job gets done right and on time, her or his method does work!

Jeff W Albert
http://jeffalbert.teachingyouwealth.com

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