Community//

The Importance of Delegation in Entrepreneurship

As we get busier and busier, the key to success is to ask for help in moving our agendas forward, whether they be at work or at home. Specifically, as female entrepreneurs, we find ourselves caught in the conundrum of trying to do it all. Relinquishing control and delegating what needs to be done is […]

Dr. Sandra Dunn - The Importance of Delegation in Entrepreneurship

As we get busier and busier, the key to success is to ask for help in moving our agendas forward, whether they be at work or at home. Specifically, as female entrepreneurs, we find ourselves caught in the conundrum of trying to do it all. Relinquishing control and delegating what needs to be done is a core value of a successful entrepreneur. These are the reasons you should practice delegation in entrepreneurship.

Time Equals Money

It’s an age-old adage, but it’s truer than ever—time is money. In any business or organization, there are plenty of menial but necessary tasks that must be accomplished. Leaders of an entrepreneurial adventure may be reluctant to outsource these tasks, but doing so is vital to the success of the business and yourself. If you have clearly and passionately emphasized your venture’s vision, you should have no trouble communicating tasks and goals to other employees. The time you spend fretting over tasks that others could help you accomplish translates to money wasted. Don’t be afraid to focus on the big picture while encouraging your employees and team members to take on some of those small but vital tasks.

Personal and Professional Lives are Equally Important

The worst thing an entrepreneur can do is try to emphasize professional life over personal life or vice versa. A successful entrepreneur strikes a balance between the two, working hard for so many hours a day so that they can play hard for an equal amount of time. While it’s important to enjoy your work, it’s also important to make the most of your free time. By delegating those small tasks out, you spend less time stressing over work. Therefore, you spend less time carrying your professional baggage into your personal life. In that sense, you have more time to dedicate to your hobbies, your family, and any other important elements of your life. 

Delegation Benefits Everyone

Delegation isn’t simply pushing work onto another person. When done correctly, delegation means teaching and inspiring employees, team members, and other parts of your organization. These individuals can develop soft skills, such as critical thinking and communication, simply by learning from you, the visionary. It can be difficult and even scary to ask someone else to use a skill you’ve honed so carefully, but think about it this way—how did you learn the skill? Was it by observing, or was it by doing? Putting these talents into practice and learning from mistakes makes delegation vital for personal and professional growth, no matter how many years of experience you have. 

This article was originally published at DrSandraDunn.net.

The Thrive Global Community welcomes voices from many spheres. We publish pieces written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Learn more or join us as a community member!
Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

You might also like...

Community//

5 Signs That Indicate You Should be an Entrepreneur

by Courtney Montgomery
Community//

7 Myths About IT Entrepreneurs You Don’t Know

by Chirag Thumar
Community//

Ikigai For Entrepreneurs

by Kacy Qua

Sign up for the Thrive Global newsletter

Will be used in accordance with our privacy policy.

Thrive Global
People look for retreats for themselves, in the country, by the coast, or in the hills . . . There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind. . . . So constantly give yourself this retreat, and renew yourself.

- MARCUS AURELIUS

We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.