Richard Branson, a dyslexic entrepreneur, explains why delegation is essential. He advises founders to hire someone to run day-to-day operations, then leave after two or three months to focus on bigger opportunities, stepping in only for major crises or to raise the company's profile.
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Being dyslexic, I learned very early on the art of delegation. Now I would say to anybody who's doing anything in life, and particularly running businesses or building businesses, whether you're dyslexic or not, you must learn the art of delegation. You must realize that you can't do everything yourself. You must really run your companies as if you've been run over the next day and that you've got fantastic team of people to run the day to day running of it. I'm a great believer in getting a company set up and then two or three months later you leave the building, you put somebody else in charge. If there's somebody else in charge in the building, then a lot of their time is going to be spent. People always want to see the top person in the company just being polite to people. A lot of time is wasted being the top person. Whereas you now are out of the building and you can start thinking about the bigger pictures and move into the next venture. Or jumping in when there's firefighting that really needs you to fix it, or jumping in to put the company on the map.