One of the hardest things for any business owner is letting go. The thought of your company running smoothly without you may be uncomfortable or even unfathomable because you’ve worked so hard to get it on its feet. It’s essential to recognize the value of running an independent business that isn’t solely dependent on your contributions. One of your primary goals as an entrepreneur should be to create a company that can thrive and grow without you.
Before you can let your business go, you have to shift your mindset. As any entrepreneur would, you’ve probably gotten used to carrying the business on your back. The ability to recognize when the load is getting too heavy is powerful. Doing so will help you take the first step towards leading an independent business.
Initially, the thought may seem overwhelming, but everything will start to fall into place when you shift your mindset and create processes that empower your team to do their best work. Before you can remove yourself, you have to make sure that your business is running efficiently. You can do this by creating concrete systems and structures that support your business.
Creating clear Standard Operating Procedures or (SOPs) will ensure your team can handle day-to-day tasks in your absence. Standard Operating Procedures are a set of rules or systems that employers can use to provide their employees with a framework or rulebook that can be referenced when a specific task needs to be completed. Creating these documents will help your team operate with confidence while you’re away.
Here’s how to make your business run without you:
Build a Solid Team
After you’ve gotten your rulebooks in order, it’s time to get your A-team in place. One of the most important things you can do as an entrepreneur is creating a solid team that you can trust. To let things in your company go, you have to surround yourself with brilliant minds that you can trust to make the right decisions.
Part of being a good leader is recognizing that you may not be the best person for every single job. Instead, you can hire and empower a team of professionals that understand your vision and believe in your mission. These are the people who will be taking care of your company and ensuring everything’s running smoothly when you’re on vacation or working on another project.
Empower your Team
If you want your business to run smoothly when you’re away, you have to empower your team to make crucial decisions. If you don’t have a management team that you can trust to make decisions in your place everything will be on pause while your team awaits your approval.
Suppose you’re responsible for making every single decision. In that case, none of your employees will know how to proceed when you’re not around. To make sure things are running smoothly, you have to empower and encourage your employees to make decisions while you’re away. If you’ve built a solid team, you can trust that they will make the right decision in your absence.
Get Clear on Your Objectives
Building a solid team and empowering them to succeed are both keys to helping your business run without you. Still, if you aren’t clear on your objectives, your business won’t run well with or without you. If your team isn’t clear on your business’s goals and objectives, they will constantly be looking to you for guidance and direction. Ensuring your team is aligned and working towards the same north star will help prevent roadblocks and potential problems.
When your team understands what they are working towards and have clear processes to follow, obstacles that may have seemed insurmountable will now be as clear as day. If you’ve been wondering how to make your business run without you, aligning your team will help your business run like a well-oiled machine without your presence.
Incorporating automated business solutions within your business is an imperative practice that will save you and your employees' tons of time. We cover seven business automation ideas to save time and money in another article. Automating procedures within your business is like having an extra employee that takes care of intricate or administrative tasks. Automated business solutions also help free up your employee’s time to work on tasks that require a human presence.
Processes that are automated don’t require your oversight thus making these practices one less thing you have to worry about when you decide that you’re ready to let your business run without you. If you aren't sure if now is the best time to implement automation, read our article called, Is Now a Good Time to Build Automation Into Your Business?
Technology has not only made it possible to automate business solutions, but it has also made it possible to improve communication and streamline business practices. To remove yourself from your business, you’ll want to make sure you have a clear line of communication with your team. Instant messenger apps like WhatsApp and Slack make it super easy to keep in touch and communicate with your team. Alternatively, you can leverage tools like Zoom or Google Meet if you want to add an in-person essence to your meetings.
Technology also helps you run a decentralized business. You can be anywhere in the world and easily collaborate with your team or stakeholders. Technological advancements mean geographical barriers are non-existent; you can hire top talent from anywhere in the world or meet with your team virtually when you're vacationing at a tropical oasis.
Why Should My Business Operate Without Me?
1. Gain Complete Control
When you become independent from your business you gain complete control over your life. Instead of focusing on day-to-day tasks or feeling like you need to micromanage your team, you can live the life you were destined to live—a life full of freedom, growth, and successful ventures.
2. Make Growth a Priority
Learning how to make your business run without you means you can make personal, professional, and business growth a priority. When you have time to step back and evaluate your personal and professional goals, you can begin to make drastic improvements that you wouldn’t have otherwise had the time or energy to explore.
3. Focus on What Matters
Being a busy business owner means the occasional task falls through the cracks. When your business begins to run without you, you can allocate your newfound freedom to what matters so you can set yourself up for long-term success.
Accelerate Your Business with Ridgebase
If you’re looking for a way to quickly improve your business operations, Ridgebase makes it possible for you to rapidly deploy technology that works to transform the future of your organization. For the first time ever, you can cut through the noise with streamlined and affordable digital transformation strategies and tools that you can leverage to improve your business.
As a business leader, you need tools that help make every day a good day. If you’re wondering how to make your business run without you or if you’re interested in automated business solutions, you can book a complimentary meeting with an experienced advisor at Ridgebase here.