You may be considering getting out of the day-to-day operations of your business.
Check out these 5 tips for preparing to remove yourself (from your role or your business):
- See the vision well ahead of time. I don’t mean only seeing yourself not working anymore. I mean, visualize the business thriving. Dream it up better than it’s ever been with your limitations built in.
- Make sure you’re clear the business can withstand what you’re asking of it. That it has a track record of success that is repeatable. You’ll also want to ensure you have the bandwidth – in your and the business’s calendars and bank accounts – to make the shift. It’ll take time and it’ll take money. Be prepared so you’re not tempted, or forced, to scrap it before your dream is realized.
- Now, you get to think about what you’ll be doing besides working. Have a clear “why” for removing yourself. If you don’t have a compelling reason, you’ll be less likely to dig into the harder parts of getting yourself out of the way for this new business’s identity to take shape. Staying in this transition, without clarity, for too long could be a pricey burden for you and the business. Make sure you get to realize your dreams post-transition.
- Practically, you’ll also need to understand, define and quantify what you are to the business. And, make clear steps to replace each of the metrics you owned as the founder.
- Pro Tip: For every role and metric you hand off, remember to hire people who can do it even better than you. If you’re going to go through the effort of making this transition, do the business and yourself a great favor by giving it the best you can find.
As with any process, great planning ahead wins. I hope you’ll take the time to consider the above as you make your next moves – especially if getting out of the day-to-day in your business is something you desire.
Happy planning! And if you’d like some support while you’re at it, go ahead and reach out. I’d be happy to help.
