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Ep. 76 - Grow Your Business By Working Less

How many of you business owners want to grow your business by working less? Of course you do but it seems a little far fetched doesn’t it? Not exactly. You see, the average business owner spends 65% of their working day on activities that do not lead to growth. That means, very little of their time is dedicated to those ON the business activities that will build the business. 

So if you are able to effectively shift your time to more ON the business type activities, you will see greater growth without having to put more hours in. In fact, if you adjust your priorities properly and are able to offload more busy work, you’ll actually work less hours.

We realize it’s easier said than done but it is possible. So take a listen to this week’s episode and work less but do more.

Is your marriage and business in balance? Take this short quiz to find out and get helpful tips to make it better. https://www.powercouplesbydesign.com/your-power-couple-score 

Key Takeaways:

  • Owners work too much 
  • 72% of owners wish they could work less hours
  • 65% of time is spent IN the business
  • FOMO- fear things fall apart if they’re not working
  • Fear of letting go. Handing things off to others
  • Sure you need to train but you need to let them fail
  • Let go of control
  • Recognize the fear
    • Nobody can do it like you
    • Fear things will fall apart
  • What’s the truth?
    • Are they trained?
    • Are they capable?
    • Can they fix their mistakes?
    • Maybe you haven’t trained them well
  • We’ve had many owners finally come to the realization, the more responsibility they give to their team, the more they thrive!
  • The less you work, the better the company does
  • You still need to hold them accountable so be clear on what their performance is based upon
  • Check in with them to make sure they have what it takes to be successful
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