Are You a Control Freak?
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"Most entrepreneurs feel like everything has to be done just right — and no one can do it like you can," says Paul Feagan, founding partner of Original Juan Specialty Foods Inc., Kansas City, Kan. "It’s hard to give it up." Yet CEOs who learn to effectively delegate reap big benefits:
- More time to concentrate on the big picture.
- Increased production and sales because you’re, in effect, cloning yourself.
- Improved internal communications because you’re forcing employees to communicate with each other and with management to get the job done.
- Increased employee loyalty and confidence.
- Do you continue to perform petty tasks because it lends a sense of accomplishment?
- Do you think that if you handed the reins to some one else, you’ll feel useless?
- Do you hire people who you know won’t grab the reins anyway?
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Articles in our Entrepreneur’s Resource Center appeared in print and online newsletters published previously by the foundation. More than 1,000 articles can be found in the categories below, addressing timeless challenges faced by entrepreneurs of all types.