Hire people smarter than you in their specific areas. Once you find what works, you need a team that can execute better than you could alone. The owner becomes the bottleneck without great people around them.
Chapters
Once you've found a growth idea or process that's working for your business, it's vitally important that you exploit that opportunity for all it's worth, for as long as it lasts. In order to do that, this usually means having to bring in more people. At the end of the day, you, as the business owner, are only one person, right? And just like all of us, you can only be good at so many things. So taking the time to find people who are better than, smarter than you in certain areas is your only real play. When bringing in new people, don't settle for anything less than the best talent you can find. Outperform you in their area of expertise while raising the bar for performance standards throughout the business. It's not about feeling threatened or massaging your ego. It's about what's best for the continuing growth of your business.