Not an easy thing for a business owner to do.

As much as we think it should be a switch we can turn off - letting go of something we know we can do well, easily and quickly in our businesses - especially if that task brings in revenue - takes one critical piece.

Trust

Trust has to be established. If you’re lacking trust….you won’t be able to hand things off.

And establishing trust goes beyond whether we believe our team member to have the best interests of our business at heart.

There are components to trusting and letting go…

Wouldn’t it be amazing if your team had the same level of commitment as you do to your business?

While that’s not a realistic expectation, you can cultivate a more earnest sense of commitment and energy to your mission.

I recently wrote about three aspects of creating a high-performing team:

• Ownership

• Transition Time

• Reporting

Ownership is a big one.

Ownership is referring to owning a task or an outcome.

There’s a difference between the two.

One of the toughest aspects of running your business is wearing the many hats it takes to run your company.

However, to get yourself out of the spin cycle of your days, investing in building a high-performing team can elevate not only the space you can gain in your business to focus on strategy and goals, but to elevate your company’s results.

Through my work with my clients who are successful business owners and founders, we’ve been able to elevate their impact and overall company performance by embracing three core steps in building high-level support in their businesses:

I want to share a story about a business owner who was consistently feeling behind the eight ball…Always feeling 2 steps behind each week.

She was growing but everything was chaotic and she was exhausted.

She was struggling to deliver her services to her clients and grow her business - She was engaged in most of the business development, dealt with many of the clients and was the primary contact for any customer service issue.

She was onboarding a new team member yet because she was still a small business of only six, she was still wearing many hats each day.

Then, after working together, she was able to turn things around.

How?

When I graduated from University, I was incredibly fortunate to go back-packing across Europe, travelling through several countries.

For a time, I was with a friend, but then we went our planned separate ways and I travelled solo for a few weeks.

I remember one leg of the trip I was arriving in Prague, via train, with an hour to find my way to the hostel to check in before the front desk closed for the day. I had to navigate through a strange city and language to find the hostel where I was staying for a few days - all arranged over the phone.

This was a time of pay phones and phonebooks….and very limited internet!

I remember nervously studying my travel book in anticipation of the train’s arrival, mapping out my route in my mind, trying to picture and plan each step.

I had to take the street car from the train station, get off at the correct stop, find the correct street, turn at the next correct street and then the next to find my way. Finding the landmarks and proper streets each step of the way.

We all have so many plans that we want to accomplish.

Whether you’re growing your customer base, building new relationships, hiring a new team member, leading your team or creating new products and services, whatever it is, we have a lot on the go.

So what can support us to be at our best as we put our efforts forward in meeting our priorities, obligations, and purpose?

There could be a number of answers to this from great to sleep to the latest time management strategy.

But in this video today I wanted to share something that could be a real game-changer in your approach.

This is not a one-and-done. It’s a practice that I encourage you to try each day.

And, I demonstrate in my video how I practiced it in the moment for myself :).

When I started my business, and I started writing my newsletters and blogs, I found myself signing off with the words “NOW is YOUR time.”

It just happened the first or second time I started to write. Those words came out on paper naturally (I often write on paper first and then transfer to my computer; my writing seems to flow better that way :)).

I was thinking about these words recently and thought about what I meant by them.

And, what I was reminded of came easily to the page (again). NOW is YOUR time, for me means that it’s time to cultivate the courage to take your next step now.

Your next step could be…

There are 8 drivers of company value that contribute to the valuation of whether your company will be easy to pass on or to sell in the future. Through my work supporting business owners to grow their businesses in a way that maximizes their future exit options, I have found that these 8 drivers aren’t always obvious.

And, through focusing on these 8 drivers, this is the process to grow your company, so if you’re not looking to sell anytime soon, these drivers will offer you a roadmap to enjoy growth in the meantime.

The first driver I would love to talk about first is Hub and Spoke. I wanted to start here because typically, almost every owner I’ve worked with has an opportunity in this area…

Have you ever heard the quote:

“We cannot solve our problems with the same thinking we used when we created them” by Albert Einstein?

Einstein suggests that shifting how we look at things provides us with the clarity to find solutions. In order to shift our thinking though, understanding our behaviours can help identify how we think or feel about things. So, let’s look at your leadership behaviours.

First, what do I mean about next level behaviour?

This is the higher level behaviours we use when we are at our best selves and step into a more evolved or expanded version of the role we are striving to inhabit.

As an example, for the business owner, next level leadership behaviour may come when you consider what you would do if you thought about what your business needed from you. Or, what you would do if fear wasn’t in the way?

What behaviours would you need to lean into more fully in order to execute in a critical area? This could be what your business needs to enhance it’s marketing or sales process, for example. Or, it could be what’s needed to improve any process in your business, for that matter.

As a business leader there are behaviours that contribute to the success of your business and there are behaviours that are neutral (may not have an impact either way) and then some that may even put up challenges to achieving success.

Here are some behaviours I have observed that can prevent us from evolving in our leadership effectiveness: