EFP 111: Divide and Conquer

Justin Cooke

September 26, 2014

We’re going to talk about something that can be a bit scary for entrepreneurs. Letting go and letting other people run your company.

Splitting Up the Day to Day Work for Maximum Growth

It’s funny because employees in the corporate world are always looking to maximize their sphere of influence (or power). As entrepreneurs, we look to divide or pair down our areas of responsibility into slices that OTHER people can run.

In this episode, Joe and I dig into how we split business responsibilities, determine it’s time to hire, and ultimately replace ourselves in our own business.

Check Out This Week’s Episode Here:

Direct Download – Right Click, Save As

Topics Discussed This Week Include:

  • Splitting responsibilities with a partner
  • How to determine you’re ready for that first hire
  • Using the skill transfer process to replace yourself
  • Empowering your team to own it
  • What to do with your (now available) free time
  • Re-examining your business’ path and mission

Mentions:

Spread the Love:

“You need to be getting more out of a partnership than either of you doing it alone.” – Justin – Tweet This!

“Avoid the misconception that your way is the best way.” – Justin – Tweet This!

How do you feel about loosening up the reins and trusting your processes? What employee breakthrough stories do you have where the student became the master?


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