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Eric Siu explains why businesses perform best when owners stay fully engaged. He argues that hoping things work out isn't a strategy, and that delegating without oversight often backfires.

Eric Siu explains why businesses perform best when owners stay fully engaged. He argues that hoping things work out isn't a strategy, and that delegating without oversight often backfires.
What are the times that the business has performed the best and what are the times the business has performed the worst? The pattern is the business has performed the best whenever I've been fully engaged and fully in it. The business performed the worst when I abdicated to outside help and hoped that they could figure it out. The problem with that is hope is not a strategy.