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Business Owners: It’s OK To Admit That You Don’t Know Everything!

Estimated reading time: 2 mins

There is a lot of responsibility on the shoulders of a business owner. When you’re the one in charge, it can feel as though you have to be responsible for just about everything. The issue with this is that it has the potential to cause you to overestimate your abilities. After all, you’re in charge; it’s your business, surely you must always know what’s best for it, right? Well, probably not. After all, you’re still just a human being, and that kind of thinking can actually be pretty dangerous to your business as a whole. It’s time to stop acting as though you know everything and to try these simple ways of learning to step aside for the sake of those who actually know what they’re talking about.

Listen to your employees

It’s all too easy to fall into the habit of acting as though you know your employee’s jobs better than they do. After all, their jobs wouldn’t exist without you, and it’s your business that they’re working it. However, the reality is that you’re never going to have the same perspective on your business as your employees. Not only are there specific parts of their jobs that you might not be fully aware of but they will often be seeing the business as a whole in a totally different way to you. Because of that, it’s always worth listening to what they have to say and take their views and opinions to heart whenever possible. It could end up helping you guide the business in a much better direction.

Outsource

Outsourcing is something that far too many business owners refuse to even consider. They feel as though it’s somehow admitting failure to acknowledge that there might be someone else out there who can make your business better than if you did it entirely alone. Whether it’s a designer for your website, IT consultants from Mustard IT, or a marketing agency who can help you embrace modern practices more effectively, there are always companies out there who can help to improve your business if you’re willing to listen. Not only that but you’ll be able to focus your energy elsewhere which is going to make things a whole lot more productive since you’re not dividing your attention all over the place.   

Never stop learning

The worst thing that you can do as a business owner is to say “I know enough”. The truth is that the more you know, the more you realise that you still have to learn. You need to make sure that you’re always aware of things like the most recent business publications, new developments, and working methods that you might not have considered. The moment you stop trying to develop and improve on a personal level is the moment your business can no longer move forward.

The key to being able to do these things is to maintain a sense of humility. Your business is not great purely because of the things that you’ve done. You’re just a spoke in the wheel of your business and without all of the other spokes, the whole thing would end up completely falling apart.

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About the author /


Simon is a creative and passionate business leader dedicated to having fun in the pursuit of high performance and personal development. He is co-founder of Applied Change, a Business Change consultancy based in the UK. Simon is also an Ambassador for Gloucestershire business. Simon is an Associate Member of the Chartered Institute of Professional Development.

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SimonStapleton.com located at Watledge , Stroud, UK . Reviewed by 18,205 readers rated: 1 / 10
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