If Your Business Can’t Run Without You, It Won’t Grow Beyond You
My long-time boss and mentor from another life always used to tell me:
The measure of your leadership strength is how well your department, business, or division runs once you are gone.
He knew me well. This perceived challenge was a battle cry. I was always looking to move up or over in the company and wouldn’t leave a string of embarrassing rag-tag departments behind me. I always saw this manipulation as a personal challenge when I was in the heat of things.
My mantra became:
Stronger when I left.
Although he often said this to push my buttons, I knew there was truth in it. Creating teams and businesses that could run without me freed me up to take advantage of other opportunities.
Strategy for Enhancing Your Leadership Skills
Most importantly, it was the most effective strategy for successful business growth and enhancing my leadership skills.
For my projects and teams to succeed and run without me, I had to:
And more importantly…
These leadership activities strengthened the team and made them more independent. And by the way, it enhanced their leadership skills, too.
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Remember:
Stronger when you leave.
Most Small Businesses Close in the First 5 Years
As a small business owner creating a business that will beat the odds and survive and grow beyond its first five years, you must create a company that can run without you. Building this type of team is much more challenging when you are a small company.
I currently own a company with ten people, including myself and a couple of contract employees. When I ran a division of 400 employees, it was much easier to duplicate myself in different functional areas. I know most of you are in the same boat as I am, or closer to it than 400 employees.
Modifying the Strategy of Replacing Yourself for Small Business
My strategy was successful in the big corporate business and, in theory, is very relevant. However, the execution has to look a little different. A few fundamental changes I have made over the years:
Can Your Business Survive Without You For A Week?
How would your business do if you stepped away for one day? Could you step away for a week? Can it run without you? Why not?
Make a list of the various hats you currently wear. Which one does it make sense for you to hand off first? What can you do over the next six months to equip this area to run itself without you?
By building a business that thrives without you, you create a more sustainable and scalable operation and free yourself to focus on growth and innovation. Contact us for personalized coaching and support if you’re ready to take your business to the next level.