Small business owners need to delegate differently than large companies since they lack dedicated HR staff. Effective delegation requires an entrepreneurial mindset and trusting employees, even though small businesses often hire less experienced help. While doing tasks yourself seems free, delegating allows focusing on higher-value work and gains time to increase profits, though it requires an initial investment and risk. A structured delegation process can help small business owners overcome risk aversion by systematically training and empowering employees.

1. © CEO Focus 2007 Delegation Isn’t Easy

4. Entrepreneurialism vs. Impatience

5. Quality of staff issues

6. Cost of Delegation

7. Betting on Yourself© University of CEO 2010

8. © CEO Focus 2007 Delegation for SMBs

10. “You do it” doesn’t work

11. All the textbooks are for Big Business

12. Leave out key factors

13. Do it “by the book” and you will fail© University of CEO 2010

15. Flip side of same coin is…….

16. Also makes you a lousy delegator© University of CEO 2010

18. More difficult to delegate to less seasoned staff

19. Less formal training in small businesses© University of CEO 2010

21. Delegating work costs real money……my money© University of CEO 2010

23. I bet I can use the time I gain to make more money than it costs me to delegate to you

24. Hard to gauge sometimes

25. Risk aversion

26. Overly cost conservative© University of CEO 2010

27. © CEO Focus 2007 Solution

29. Turns a soft skill into a process© University of CEO 2010