It feels like just the other day the kids were wrapping up final exams and getting their year books signed by friends. Now, we’re in the midst of back to school preparations. buying new clothes, back packs and enough supplies to make it through at least the first semester.
There is a certain freshness that comes with this time of the year. A chance to make an impression on a new teacher, to perhaps apply ourselves a bit more or take on a new extracurricular activity. The new clothes and supplies we get to pick out.
For me now as an adult, it’s also the time where we settle back into a routine and get back to learning new things. Not that summer adventures don’t provide learning experiences, but for many this time of year reminds us that it’s time to “hit the books” and learn something new.
This semester I’ve committed to learning more about one of my passions, leverage. I’ve studied many teachers for years and know that Getting Leveraged is essential to the success of any business leader. That trying to do it all is a recipe for disaster. However running a small business it’s often difficult to figure out how to bring on the right people at the right price and trust that they will get the job done correctly.
Recently I fully realized that just because I can do something doesn’t mean I’m the best person for the job or that I know the best way to do it. Case in point, accounting. As a rebellious youth in school I resisted math. I didn’t like it in school and challenged my algebra teacher to show me why I needed it. Yet as a business owner I felt that it was my job to “do the books”. This has led to frustration, challenges and loads of procrastination on my part. Additionally it’s made it almost impossible to know the true picture of where things are in my business and what expenses could be cut or modified.
I’m happy to say that I’ve now delegated the accounting. Rather than stress over doing it right, or making the time to do it. Now I can step back, review the data and make decisions with the assistance of an expert.
For the record – Mr. Prescott, you were wrong!! I really don’t need Algebra, I just need a trusted accountant.
If you’re like me, and find that there are things you have to do in your business that you don’t like it’s time to start by letting go of them. Many of us get into business to follow a passion and then get bogged down with the “stuff” it takes to keep the train moving forward. Vow to do what you love and little by little let go of the rest.
Whether it’s your accounting, transaction coordinating or research projects, finding trusted experts to help you transform your business and possibly