These Executive Rules come courtesy of Dom DeBellis, an author, speaker, and entrepreneur. He lives and writes near Chicago, Illinois. Link to DeBellis here. Thank you to Ace Concierge for pointing these out to Business NH Magazine.
Executive Rule #1:
Anything you're doing that doesn't contribute to growing your business is something that you should delegate.
Executive Rule #2:
Anything you're doing that someone else could do, to free you up to fulfill Executive Rule #1, is something that you should find someone else to do. Only do the work that only you can do and that no one else can.
Executive Rule #3:
If you lack the people who can do the delegated tasks, find them and recruit them before doing another task that you should be delegating.
Executive Rule #4:
Assess what an hour of your time is worth and assign a monetary value to it. If a task requires attention and it can be done by someone else, who is paid less than your valuable hour, then you need to delegate that task.
Current Issue - April 2024