I can't believe some people still won't admit this... Dear , About two years ago, I remember watching an episode of Shark Tark.
Kevin O'Leary (Mr. Wonderful) was discussing the strategy in having 9 partners in the toy business they
ultimately sold for over $4 billion.
He said something to the effect of: We all needed each other; we each had different strenghts.
This leads to me to today's email:
Don't Be Afraid or Embarrassed to
Delegate
1 -- Be courageous enough to delegate your weaknesses -- This is a toughie for a lot of entrepreneurs. First, they must admit to having the weakness, and second, they must be willing to hand over the reigns to someone else. Easier said than done, but necessary and sound. 2 -- Be aware enough to delegate tasks that are below your pay grade -- So, let's say you average your earnings to approximately $75 per hour. You should avoid taking on business tasks (administrative, financial, etc.) that you can pay someone $20 or $30 to do. By handling those simple tasks yourself, you're in essence losing money. Instead, pay someone else to do them while you can focus on bringing in the higher pay. 3 -- Be astute enough to delegate tasks that require someone more skilled, smarter or more experienced than you -- This might be the toughest one for us to do. As business owners, we want to be involved in all aspects of our company, often micromanaging everything. Often, it's hard for us to admit we don't know it all. Sometimes a problem requires a different perspective. Don't shy
away from pulling someone in who has you beat in the brain power department. There's nothing to be ashamed of in doing that. In fact, it's admirable. You'll find that delegating this type of task is the most rewarding because you will have overcome the ego. There are some other things you can probably delegate, but if you start with these three, and implement them, you will be way ahead of
the game. Until next time... And, remember, K.I.C. (Keep It Coptic). To read Nader Anise's bio on Wikipedia, go to: Your friend, Nader Founder of the Coptic Chamber ABOUT NADER ANISE For the last 30 years, Nader’s talents as a marketing strategist and copywriter have generated
hundreds of millions of dollars for himself and his clients. In addition, he is a recognized PR expert, and has been featured in countless media outlets such as: The Wall Street Journal, NBC, CBS, Forbes, Bloomberg and USA Today. Nader’s storied marketing and sales experience has enabled him to mentor business owners in all types of industries,
including: legal, medical, financial, therapeutic, mortgage, investment, wealth, retail, insurance, transportation, pharmaceutical, clothing, restaurant, real estate, education, insurance, construction, internet, telecommunications, manufacturing and many others. Nader has educated over 25,000 business owners from all around the world on sales and
marketing. To read Nader Anise's bio on Wikipedia, go to: 3 AMAZING FACTS ABOUT NADER ANISE, ESQ. FACT #1: In 2001, Nader wrote a one page press
release that generated over $2,200,000 in free national publicity. FACT #2: Within four years of starting his law practice, Nader was featured on the cover of Lawyers Weekly USA section B (currently Lawyers USA) and was lauded for his remarkable achievement of building a "thriving law practice... without spending a penny on
advertising." FACT #3: Nader landed on the cover of the Wall Street Journal after sending the editor a cold email with a subject line that consisted of nine words, including, ONE key, riveting word. (BONUS FACT): Nader wrote a direct mail letter for a small business that created such an overwhelming response, the owner sent Nader a frantic email with the message: "You're killing me with all the new business. We are busting at the seams and all my employees are freaking out..." Subscribe to our YouTube channel: Did you enjoy this newsletter? Please share it using one of the buttons below: |
|
|
