Mark Osborne warns founders not to hand off financial and back-office work to others. Abdicating these responsibilities can lead to selling unprofitable deals or building products your company can't actually deliver.
And you raise a great point. And I've seen this happen to many businesses where the founder or founders are more passionate about either creating the solutions, innovation, or they're more passionate about working with clients and delivering it. Maybe it's from the sales side, maybe it's from just actual project side, but they don't really have a passion for those back-of-office things like the finances. Right. And so, they will sort of abdicate that To someone else. Maybe it's someone external, or maybe it's someone in the organization who may or may not be super qualified to handle that. But those founders, owners are just happy to have it off their plate. Right. What they don't realize is that by sort of abdicating that responsibility, they could be setting themselves up to sell deals that aren't profitable, to create innovations that they can't support or deliver.
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