A short excerpt from a YouTube video advising entrepreneurs to stop doing everything themselves and to trust others. The speaker stresses that founders must delegate, hire great people, and proactively replace themselves so they can focus on the next growth tasks necessary for the company’s survival and expansion.
A lot of entrepreneurs, one of the problems they have is letting go of things because they were the person who did everything. They were the one that started. It was their idea. They have ownership. They're probably the biggest investor for a long time. It's difficult to trust somebody else with your baby, but you have to. I mean, you have to survive, which is part of the reason why you bring in great people. You should always, as an entrepreneur, be trying to figure out how to not have to do your job anymore, find someone else to do what you're doing, move on to the next thing that will help grow the company.
